L'Oreal Paris, a mass market skincare brand under the French company, stirred a public outcry after two influential Chinese livestreamers fell foul of the company, citing a promise of "deepest discounts" which did not materialize.

这家法国公司旗下的大众市场护肤品牌巴黎欧莱雅（L'Oreal Paris）在两位有影响力的中国直播员与该公司发生冲突后，引发了公众的强烈抗议，称其承诺提供“最优惠的折扣”，但并未实现。

The group's major operating problems include flaws in its corporate governance mechanism and poor legal awareness, flouting regulatory compliance requirements, foul play for regulatory arbitrage, leveraging market dominance to exclude competitors, and hurting consumers' legitimate rights and interests, which led to consumer complaints, said Pan Gongsheng, deputy head of the People's Bank of China.

Nevertheless, there is room for improvement in banks' compliance awareness, management capabilities and risk control capabilities, as some Chinese banks have been found to fall foul of local regulations and anti-money laundering controls as they venture abroad, Ben said.

"They often cover a large area and can easily fall foul of construction or farming.