Accounts that commit major securities violations will be restricted from trading for up to 15 days. The term "financial institutions" as mentioned in the Anti-Money Laundering Law refers to development financial institutions, policy banks, commercial banks, rural cooperative banks, rural credit cooperatives, village banks, securities companies, futures companies, securities companies, etc. that are required to perform anti-money laundering obligations and engage in financial business. Investment fund management companies, insurance companies, insurance asset management companies, trust companies, financial asset management companies, enterprise group finance companies, financial leasing companies, auto finance companies, consumer finance companies, currency brokerage companies, loan companies, bank wealth management subsidiaries, As well as non-bank payment institutions, small loan companies engaged in online small loan business and other institutions engaged in financial business determined and announced by the anti-money laundering administrative department of the State Council.

If a financial institution violates the provisions of Article 49 of this Law and takes actions without reporting or obtaining approval, the relevant financial regulatory agency of the State Council shall impose a fine of not less than 200,000 yuan but not more than 5 million yuan; In case of loss, a fine of not less than one time but not more than five times the direct economic loss caused shall be imposed. Responsible directors, supervisors, senior managers or other persons directly responsible may be given a warning or a fine of not less than RMB 20,000 but not more than RMB 1 million by the relevant financial regulatory agency of the State Council, either individually or in combination.