'Rule violations by banks rising'

Agricultural Bank of China acceptance bill case just 'tip of the iceberg', say sources

Rule violations, discipline breaches and illegal nexus cases with an intention to profit have been rising among Chinese bankers since last year, a new survey said on Monday.

According to the survey released by the China Banking Association and global accountancy firm PricewaterhouseCoopers, most of the violations are due to the lax implementation of the country's banking rules and weak links in the compliance management system.