China News Service, December 16. According to the official website of the Jiangsu Securities Regulatory Bureau, the Jiangsu Securities Regulatory Bureau issued a decision on December 15 on ordering Bank of Jiangsu Co., Ltd. to take corrective measures.

  The Jiangsu Securities Regulatory Bureau conducted an on-site inspection of the fund sales business of Bank of Jiangsu.

According to the investigation by the Jiangsu Securities Regulatory Bureau, the following problems exist in the fund sales business of the Bank of Jiangsu: the Retail Business Department and the Internet Finance Department of the Bank of Jiangsu are both responsible for the fund sales business, but they have not implemented centralized and unified access management for fund sales products;

some fund sales personnel of the Bank of Jiangsu Has not obtained the fund business qualification

; Jiangsu Bank actively recommends products or services with risk levels higher than their risk tolerance to ordinary investors.

  According to relevant regulations, the Jiangsu Securities Regulatory Bureau decided to take administrative supervision and management measures against Bank of Jiangsu to order corrections.

The Jiangsu Securities Regulatory Bureau pointed out that Bank of Jiangsu should rectify the above-mentioned problems and submit a written rectification report to the Jiangsu Securities Regulatory Bureau within 30 days of receiving this decision, and the Jiangsu Securities Regulatory Bureau will conduct inspection and acceptance as appropriate.

(China New Finance and Economics)