What department does the consignment bank fear most?

The consignment bank is most afraid of the industrial and commercial bureau department.

The business model of consignment banks involves multi-party cooperation and commodity trading, while the industrial and commercial bureau is responsible for supervising the market economic order and the compliance of commercial activities. If the consignment bank violates laws and regulations, such as tax evasion and selling fake and inferior products. The industrial and commercial bureau will take strict enforcement measures, including fines and revocation of business licenses. At the same time, the industrial and commercial bureau will also supervise and inspect the business qualifications, contract terms and consumer rights protection of the consignment bank to ensure fair market competition and consumer interests. Therefore, the consignment bank needs to abide by relevant laws and regulations and strengthen internal management, so as not to attract the attention and punishment of the industrial and commercial bureau.