The Discipline Inspection Commission of the China Banking and Insurance Regulatory Commission's Qingdao Regulatory Bureau and the Qingdao Municipal Commission for Discipline Inspection and Supervision reported that Song Yanbian, Party Committee Secretary and Director of the Pingdu Financial Regulatory Branch, is under disciplinary review and supervisory investigation for suspected serious violations of discipline and law, with the supervisory investigation being conducted by the Pingdu City Supervisory Committee in Shandong.