On September 12, according to the administrative penalty information disclosure list published by the National Financial Regulatory Administration, China Construction Bank Corporation was fined 2.9 million yuan for violations including insufficient development and testing of certain information systems and inadequate information technology outsourcing management.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.