Free Gift: April Regulatory Reporting Calendar

Q1 2026 NFRA Banking Penalty Analysis: Total Fines of RMB 323 Million, 33 Individuals lifetime ban on engaging in the banking industry

Recently, I paid a visit to a long-term client – a forex compliance director at a bank. He took a sip of coffee and shared with me: "To be honest, when the new regulation was first introduced, handling foreign exchange business was just like walking a tightrope for us."

In February 2026, the NFRA imposed a total of 111 administrative penalties on banking institutions, with aggregate fines and confiscations amounting to approximately 89.275 million RMB. Notably, 7 practitioners were issued lifetime bans from the banking industry.

In December 2025, amid the critical nationwide rollout of the “YI BIAO TONG”system by the State Financial Regulatory Administration, RIKING secured three consecutive “YI BIAO TONG” regulatory compliance project wins from leading global foreign-funded banks.

Recently, RIKING successfully won the bid for the "YI BIAO TONG" system construction project of a foreign-funded corporate bank in South China.

On November 21, at the "2025 Bund Summit on China Fintech Innovation and Application & the 6th Global Finals of the Yangtze River Delta Fintech Innovation and Application Global Competition" guided by the Shanghai Financial Association, RIKING stood out from nearly 500 entries with its project "Practice of Data Application Analysis for 'YI BIAO TONG' .

RIKING's YI BIAO TONG Data Accountability Solution, leveraging extensive practical experience with foreign banks, is dedicated to building customized data accountability systems for clients.