Source | Internet Financial Telecommunications
Author | Huang Jinqi
Original title | UBS Credit has been fined more than 60 million to refresh the central bank's payment ticket records, has recently received tens of millions of fines, and its four APPs have been notified for non-compliance of privacy permissions
On April 3, the People's Bank of China Shenzhen Central Branch announced that Shenzhen UBS Information Technology Co., Ltd. (hereinafter referred to as "UBS") had been transacted with unidentified customers and failed to submit suspicious transaction reports in accordance with regulations. A fine of 61.24 million was imposed. At that time, Xu Hui, deputy general manager of UBS, and other three persons were liable for relevant violations of the law and were fined 50,000 to 170,000 yuan.
UBS letter was fined more than 60 million to refresh the record of central bank payment fines, recently received tens of millions of fines
UBS has previously received several huge central bank payment fines. On January 10, the People's Bank of China Chongqing Business Management Department announced that UBS Credit Chongqing Branch had violated the relevant anti-money laundering regulations and was fined 8.095 million yuan, and imposed a penalty of 154,000 yuan on the relevant responsible personnel. The penalty decision The day is December 30.
On the same day, the Hangzhou Branch of the People's Bank of China announced that UBS Credit Zhejiang Branch had issued a warning for confiscating the illegal gains of 5.0277 million yuan and imposed a fine of 4.994 million yuan for violations of the liquidation management regulations. The amount of fines and confiscations totaled RMB 10,02,300, and the penalty decision date was December 31.
In March, the National Mobile Internet Application Security Management Center (CNAAC) reported that more than 100 applications violated relevant regulations such as the Cyber Security Law and there were non-compliant privacy rights, including UBS Credit, Ruihebao, Ruidabao, Four mobile apps for Swiss. Platform information shows that applications are related to POS machines and other services.
UBS was established in 2008 and was granted a third-party payment license in 2014. The license was renewed in July 19, and its business scope includes mobile phone payment and bank card acquiring business. UBS letter has repeatedly received central bank fines due to poor anti-money laundering and other reasons. In June 2019, UBS Credit ’s bank card acquiring business was canceled the business qualifications of Anhui, Inner Mongolia and Ningxia.
According to Tianyan's information, UBS's legal entity is Han Wei, and its shareholders include Shenzhen Ruirongxin Information Technology Co., Ltd. and Shenzhen Fubang Liquidation Information Service Co., Ltd., the parent company of Shandong UBS Credit Co., Ltd. (hereinafter referred to as "UBS" Xin Industrial ") is controlled by Yin Peiling. UBS's overseas investments include UBS Credit Factoring Co., Ltd., and Harbin Ruide Internet Microfinance Co., Ltd., which had previously participated in the shares, has now been cancelled. At the same time, UBS Trust Holdings Guangzhou Ruifu Internet Microfinance Co., Ltd. (hereinafter referred to as "Ruifu Financial Services").
According to the official website of Ruifu Financial Services, the platform was granted a small online loan license in March 2017, with consumer loans and installment loans. In July 2018, the loan size exceeded 1 billion, and its products include Rica loans. The official website introduces partners including Guangfa Bank and China Merchants Bank.
In July 2019, the Shanghai headquarters of the central bank announced that Xunfu Information Technology Co., Ltd. (hereinafter referred to as "Huanxun Payment") was fined a total of 59.394 million yuan for violating payment business regulations. According to reports, the ticket set a record for the largest third-party payment institution. This time UBS Xin's fine exceeded 60 million, refreshing the ticket records.
The administrative penalty information of the Shenzhen Central Sub-branch of the Central Bank also shows that Yinsheng Payment Service Co., Ltd. (hereinafter referred to as "Yinsheng Payment") was fined 400,000 for failing to fulfill its customer identification obligations and submitting suspicious transaction reports in accordance with regulations yuan. Li Lu, then chairman of Yinsheng Payment, was fined 20,000 yuan for being responsible for the violations.
UBS letter was fined more than 60 million to refresh the record of central bank payment fines, recently received tens of millions of fines
