At present, the illegal entry of credit funds into the real estate industry is the focus of banking irregularities, and it is also the code of conduct that commercial bank business personnel must adhere to in handling credit business, otherwise they may be severely punished. The illegal management and illegal use of wealth management funds are the key points of bank violations, and bank wealth management personnel will be severely punished if they cannot strictly operate the norms.

Legal basis:

Law of the People's Bank of China of the People's Republic of China

Article 4 The People's Bank of China shall perform the following duties:

(1) Formulating and implementing monetary policies according to law;

(2) Issuing RMB and managing the circulation of RMB;

(3) Examining, approving, supervising and managing financial institutions according to regulations;

(4) To supervise and manage the financial market according to regulations;

(5) Issuing orders and regulations on financial supervision and management and business;

(6) Holding, managing and operating the national foreign exchange reserves and gold reserves;

(7) Managing the national treasury;

(eight) to maintain the normal operation of the payment and settlement system;

(nine) responsible for the statistics, investigation, analysis and forecast of the financial industry;

(ten) as the central bank of the country, engaged in relevant international financial activities;

(eleven) other duties stipulated by the State Council.

In order to implement monetary policy, the People's Bank of China may engage in financial business activities in accordance with the relevant provisions of Chapter IV of this Law.

Article 5 The People's Bank of China shall decide on the annual money supply, interest rate, exchange rate and other important matters stipulated by the State Council, which shall be implemented after being submitted to the State Council for approval.

The People's Bank of China shall, after making a decision on other monetary policy matters other than those specified in the preceding paragraph, implement it and report it to the State Council for the record.

Article 6 The People's Bank of China shall submit a report on monetary policy and financial supervision and management to the NPC Standing Committee.

Article 7 The People's Bank of China, under the leadership of the State Council, independently implements monetary policies, performs its duties and conducts its business without interference from local governments, government departments at all levels, social organizations and individuals.

Article 8 All the capital of the People's Bank of China is contributed by the state and belongs to the state.

Measures of China Banking Regulatory Commission on Administrative Punishment

Article 5 The CBRC and its dispatched offices shall set up an administrative punishment committee and an administrative punishment committee office, and implement an administrative punishment system of separation of investigation, trial and decision:

(a) the supervision and inspection department is responsible for filing a case, investigating and collecting evidence, and putting forward suggestions on administrative punishment;

(2) The Administrative Punishment Committee is responsible for deliberating and deciding cases of administrative punishment, and deciding whether to disclose relevant information of administrative punishment;

(3) The Office of the Administrative Punishment Committee is responsible for hearing cases of administrative punishment, organizing hearings and deliberation meetings of the Administrative Punishment Committee, making and serving administrative punishment documents according to the decisions of the deliberation meeting, supervising the execution of administrative punishment or applying to the people's court for compulsory execution and filing.

The office of the Administrative Punishment Committee is located in the legal department of the CBRC and its dispatched offices. If the office of the Administrative Punishment Committee has not been established, the legal department shall perform its duties.

Article 6 The types of administrative punishment include:

(1) warning;

(2) a fine;

(3) Confiscation of illegal income;

(four) ordered to suspend business for rectification;

(5) Revoking the financial license.

(six) to cancel the qualifications of directors (managers) and senior managers for a certain period of time until life;

(7) It is forbidden to engage in banking business for a certain period of time until life;

(eight) other administrative penalties prescribed by laws and administrative regulations.

Items (1), (2) and (3) can be applied to the punishment of institutions and individuals.

It is forbidden to engage in banking work, which means that the responsible personnel who violate laws and regulations shall not participate in, engage in the management and other related activities of banking financial institutions, and shall not engage in labor or labour relation with banking financial institutions.