Article 45
Buying and selling foreign exchange without permission, buying and selling foreign exchange in disguised form, buying and selling foreign exchange in reverse, or illegally introducing and selling foreign exchange in a large amount, shall be given a warning by the foreign exchange administration organs, the illegal income shall be confiscated, and a fine of less than 30% of the illegal amount shall be imposed; If the circumstances are serious, a fine of not less than 30% of the illegal amount but not more than the equivalent value shall be imposed; If a crime is constituted, criminal responsibility shall be investigated according to law.
Extended data:
According to the Regulations of People's Republic of China (PRC) Municipality on Foreign Exchange Control:
Article 46
Those who engage in foreign exchange settlement and sale business without approval shall be ordered by the foreign exchange administration to make corrections. If there is illegal income, the illegal income shall be confiscated. If the illegal income is more than 500,000 yuan, a fine of more than/kloc-0 and less than 5 times shall be imposed.
If there is no illegal income or the illegal income is less than 500,000 yuan, a fine of not less than 500,000 yuan but not more than 2 million yuan shall be imposed; If the circumstances are serious, the relevant competent department shall order it to suspend business for rectification or revoke its business license; If a crime is constituted, criminal responsibility shall be investigated according to law.
Anyone who engages in foreign exchange business other than settlement and sale of foreign exchange without approval shall be punished by the foreign exchange administration organ or the financial industry supervision and regulation institution in accordance with the provisions of the preceding paragraph.
Article 47
If a financial institution is under any of the following circumstances, the foreign exchange bureau shall order it to make corrections within a time limit, confiscate its illegal income and impose a fine of more than 200,000 yuan and less than 6,543.8+0,000 yuan; If the circumstances are serious or no correction is made within the time limit, the foreign exchange administration organ shall order it to stop the relevant business:
(1) Failing to make a reasonable examination of the authenticity of the transaction documents and their consistency with foreign exchange receipts and payments, and handling the receipt and payment of current account funds; ?
(2) Handling the receipt and payment of capital account funds in violation of regulations; ?
(3) Handling foreign exchange settlement and sale business in violation of regulations; ?
(4) Violating the comprehensive position management of foreign exchange business; ?
(5) Violating the administration of foreign exchange market transactions.
Article 48
In any of the following circumstances, the foreign exchange bureau shall order it to make corrections and give it a warning, and may impose a fine of less than 300,000 yuan on the institution and 50,000 yuan on the individual.
(1) Failing to declare the balance of payments statistics as required; ?
(two) failing to submit financial and accounting reports, statistical statements and other materials in accordance with the provisions; ?
(3) Failing to submit valid documents as required or submitting documents that are untrue; ?
(4) Violating the provisions on the administration of foreign exchange accounts. ?
(five) in violation of the provisions on the administration of foreign exchange registration; ?
(6) Refusing or obstructing the supervision, inspection or investigation by the foreign exchange administration organs according to law.
Article 49
If a domestic institution violates the provisions on foreign exchange control, it shall, in addition to being punished in accordance with these regulations, punish the directly responsible person in charge and other directly responsible personnel; The directors, supervisors, senior managers and other directly responsible personnel who are directly responsible for financial institutions shall be given a warning and fined between 50,000 yuan and 500,000 yuan; If a crime is constituted, criminal responsibility shall be investigated according to law.
Article 50
Staff members of foreign exchange management agencies who practice favoritism, abuse their powers or neglect their duties, which constitutes a crime, shall be investigated for criminal responsibility according to law; If it does not constitute a crime, it shall be punished according to law.
Article 51
If a party refuses to accept a specific administrative act made by the foreign exchange administration, it may apply for administrative reconsideration according to law; If you are still dissatisfied with the decision of administrative reconsideration, you may bring an administrative lawsuit to the people's court according to law.
Baidu Encyclopedia-Regulations of People's Republic of China (PRC) Municipality on Foreign Exchange Management