China News Service, Beijing, April 12 (Reporter Xia Bin) Ant Group announced on the 12th that on December 26, 2020, the financial management department put forward five key business areas rectification requirements for Ant Group, and Ant Group attaches great importance to it. The seriousness of the rectification work, under the guidance of the financial management department, fully meets the regulatory requirements of the benchmark, and has recently completed the research and formulation of the rectification plan.
On the same day, the Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange and other financial management departments once again jointly interviewed Ant Group.
Pan Gongsheng, deputy governor of the People's Bank of China, answered questions from reporters on the interview on behalf of the four departments, and revealed the five main contents of the Ant Group's rectification plan.
Ant Group stated that it will apply for the establishment of a financial holding company as a whole to realize that all financial businesses are under supervision; the payment business returns to the payment origin, adheres to the positioning of small convenience and service for small and micro businesses; applies for the establishment of a personal credit investigation company, which is licensed and legally compliant Operate personal credit investigation business, strengthen personal information protection, and effectively prevent data abuse; incorporate all "borrow" and "huabe" into consumer finance companies, carry out consumer finance business in compliance with laws and regulations; strengthen consumer rights protection, and strengthen financial consumers appropriately Management; improve corporate governance, abide by the legal rules of fair competition, standardize related transactions, strengthen risk prevention and control, create a fair competition market environment, and further strengthen the construction of a social responsibility system.
The Ant Group stated that the above-mentioned matters will be implemented in accordance with the relevant provisions of the regulatory provisions and the Articles of Association of the Ant Group after performing the corresponding procedures.
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