What does central bank punishment mean?

The disciplinary mechanism of dishonesty refers to the data in the collective and individual credit database, and relies on the evaluation of credit records to judge the bad use of information by individuals, thus reducing the problem of bad information in market transactions, making economic entities consciously restrain their behavior and enhancing credit value. Its function is to punish dishonesty in market economic activities through various means, and to eliminate enterprises and individuals with serious economic dishonesty from the mainstream of the market.

Here are the consequences of being punished.

1. It is forbidden for the punished person to have some high-consumption behaviors, including using travel tools such as airplanes;

2. It is forbidden for banks or financial institutions to issue loans to the punished persons, and it is forbidden for the punished persons to use credit cards; 3. The person who is punished shall not be the manager of the enterprise.