China News Service, Beijing, December 31 (Reporter Wang Enbo) The head of the relevant departments of the China Banking and Insurance Regulatory Commission said on December 31 that recently the four central financial management ministries and commissions once again interviewed Ant Group and announced key content, highlighting outstanding issues and rectification requirements. , Is not only individual, but also universal.

It is recommended that all Internet platforms conduct self-examination and corrective actions as soon as possible.

　　The official also reminded that institutions, especially those involved in online microfinance, insurance, financial management, and trust businesses, must pay more attention, and the regulatory authorities will arrange inspections later.

　　The above-mentioned person in charge pointed out that the rapid development of financial digitalization has brought about network security, market monopoly, unclear data ownership, consumer rights protection and other issues, affecting market fairness and financial stability.

Regarding the development of financial technology, the China Banking and Insurance Regulatory Commission has always adhered to the attitude of encouraging innovation and adhering to the bottom line of risk, and grasp the dynamic balance between innovation and supervision.

　　The person in charge emphasized that financial innovation must be carried out under the premise of prudential supervision.

Financial innovation must be conducive to serving the real economy, facilitating the production and life of the people, preventing risks, and protecting the legitimate rights and interests of investors.

We must adhere to the essential requirements of serving the real economy and the people, and make financial technology an important force that promotes the domestic and international dual cycle.

　　Strictly implement supervision.

All financial activities must be fully regulated in accordance with the law, operate under a license, and resolutely stop illegal regulatory arbitrage.

There can be a certain transition period, but the general direction will not change.

We must resolutely encourage fair competition, forcefully break monopolies, prevent disorderly expansion of capital, and promptly and strictly punish violations of laws and regulations.

　　All types of subjects must be treated equally.

Protect property rights in accordance with the law, promote entrepreneurship, and stimulate the vitality of market entities and social creativity.

Equally protect the property rights and autonomous management rights of state-owned, private, and foreign-owned enterprises in accordance with the law, protect the legitimate rights and interests of entrepreneurs in accordance with the law, and maintain fair competition through fair supervision.

　　We must earnestly maintain financial stability and financial security.

It is necessary to properly handle the relationship between financial development, financial stability and financial security, ensure that financial innovation is carried out under the premise of prudential supervision, and firmly maintain the bottom line of systemic risks.

　　The person in charge said that China's financial technology applications are generally among the world's forefront, and there is no existing experience in laws, regulations and risk supervision to learn from.

Regarding financial technology supervision, it is necessary to adhere to the principles of law and compliance, implement the spirit of the rule of law, improve the supervision system, complement the shortcomings of the system, continuously adapt to the development trend of financial digital transformation, and enhance the pertinence, applicability and operability of regulatory measures.

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