The client of Chinanews.com on May 9th, the China Insurance Regulatory Commission released an administrative penalty information disclosure form, showing that 8 banks including Bank of China, Industrial and Commercial Bank of China, China CITIC Bank, etc., due to the data quality and standardization of EAST system Penalties for reporting violations of laws and regulations include specific reasons for underreporting of the number of financial products, serious underreporting of capital transaction information, underreporting of credit asset transfer business, omission of key and reportable fields, or incorrect reporting. Eight banks were fined a total of 17.7 million yuan. Among them, Bank of Communications was fined 2.6 million yuan, Everbright Bank was fined 1.6 million yuan, Bank of China was fined 2.7 million yuan, Industrial and Commercial Bank was fined 2.7 million yuan, Postal Savings Bank fined 1.9 million yuan, China CITIC Bank fined 1.6 million yuan The Agricultural Bank was fined 2.3 million yuan and the Construction Bank was fined 2.3 million yuan.