China Finance and Economics, June 30, according to the China Banking and Insurance Regulatory Commission, the Administrative Penalty Decision (Jiyinbaojian Pujue Zi [2022] No. 12) issued by the China Banking and Insurance Regulatory Commission Jilin Banking and Insurance Regulatory Bureau shows that the People's Life Insurance Co., Ltd. The Jilin Branch of the Company did not use the registered insurance clauses as required, and the Jilin Banking and Insurance Regulatory Bureau fined it RMB 150,000 in accordance with Article 170 of the Insurance Law of the People's Republic of China. The penalty date is June 28, 2022. day.
