On April 12, the financial management department once again jointly interviewed the Ant Group, with clear directions, attitudes, and requirements.
Clear direction.
The Fifth Plenary Session of the Nineteenth Central Committee of the Party, the Central Economic Work Conference and the Ninth Meeting of the Central Finance and Economics Committee proposed to strengthen anti-monopoly and prevent the disorderly expansion of capital.
Proceed from the strategic height of building a new competitive advantage of the country, and promote the healthy and sustainable development of the platform economy.
This provides action guidance and fundamental follow for strengthening the financial supervision of platform enterprises and standardizing the order of competition in the platform economy, and also points out the direction for the high-quality development of the platform economy.
Platform companies will be guided to return to the source of serving the real economy and the people, better grasp the laws of platform economic development, and further stimulate market vitality and technological innovation capabilities in the process of maintaining integrity.
Bright attitude.
On the one hand, the attitude of encouraging, supporting, and promoting the development of platform enterprises will not change; on the other hand, adhering to the principles of fair supervision and strict supervision, promoting fair competition and opposing monopoly will be more clear.
Technology cannot be the "protective color" of platform companies, nor can it be an excuse for platform companies to go beyond the bottom line of laws and ethics.
Fintech has not changed the risk attributes of finance, and its "background" is still finance.
Financial businesses must be licensed to operate, and all financial activities must be included in financial supervision.
Make a request.
The prerequisite for healthy and sustainable development is regulation.
While the financial technology platform plays an active role in improving the efficiency and inclusiveness of financial services, its rapid expansion has also brought about serious problems such as "data monopoly", undermining competition, and damaging the legitimate rights and interests of users.
It is urgent for the financial management department to "set up rules" and "make up for shortcomings."
In this interview, the targeted requirements put forward by the financial regulatory authorities covered payment, personal information protection, related-party transactions, corporate governance and credit, insurance, financial management and other fields. Clear measures and clear steps are undoubtedly for the financial supervision of the entire platform economy. "Proofing".
The formulation of the Ant Group's rectification plan is only the first step. Next, the Ant Group will have to benchmark the rectification plan to fully meet the regulatory requirements.
Other platform companies should also follow regulatory requirements, adhere to serving the real economy and preventing financial risks, attach equal importance to development and regulation, continuously strengthen their awareness of compliance, and consolidate and enhance international competitiveness.
Standardized development will have a better future for the platform economy.
We believe that with the transformation of Ant Group into a node, platform companies will usher in a new starting point in the specification, and the curtain of more stable and higher-quality development is slowly being opened.
(Source: Economic Daily News client Author: Jin Guanping)