On September 29, a financial news update reported that according to the administrative penalty information disclosure list published by the Yunnan Financial Regulatory Bureau, MINSHENG BANK (01988) Kunming Branch was fined 800,000 yuan by the Yunnan Financial Regulatory Bureau due to inadequate internal control management and insufficient staff conduct management.
Hou Jieyou received a warning, while You Can was banned from engaging in banking work for 12 years.
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