China's Central Bank Warns SDIC Securities, Fines It RMB 818,000

An administrative penalty disclosure published by the People's Bank of China shows that SDIC Securities Co. , Ltd. was issued a warning and fined RMB 818,000.

The penalty decision carries document number Yin Fa Jue Zi [2026] No. 71. The decision was made on June 22, 2026, and the disclosure information was published on September 11, 2026.

The violations listed in the disclosure are: failure to conduct customer due diligence as required; failure to report suspicious transactions as required; and failure to conduct money laundering risk assessments as required or to maintain corresponding risk management systems.