China's central bank deploys to further promote the fight against cross-border gambling in the financial sector
China News Service, Beijing, April 23 (Reporter Xia Bin) On the 23rd, the People's Bank of China held a working conference on cracking down on the governance of cross-border gambling "fund chain". The meeting notified the progress of governance of the "fund chain" involving gambling since 2020, and studied the current Faced with the situation in the work, the focus is to further promote the fight against cross-border gambling in the financial sector.
Fan Yifei, deputy governor of the People’s Bank of China, requires that the principle of “severe crackdowns, effective management and control, simultaneous combat and prevention, comprehensive measures, and both symptoms and root causes” should be adhered to, and the most severe measures should be taken to crack down on cross-border gambling crimes, and continue to manage the “funding chain”. Work goes deeper.
Specifically, the first is to strengthen organization and coordination.
All relevant units must adhere to system thinking, continue to strengthen departmental cooperation, deepen communication and cooperation, and build a work pattern that combines upper and lower, joint management, and coordinated advancement.
The second is to focus on the governance of the "fund chain" in key areas.
Relevant branches of the People's Bank of China must strictly implement territorial management responsibilities, and refine measures to crack down on governance in key areas.
The third is to further clarify and consolidate the main responsibility.
Strengthen account lifecycle management, continue to follow the principles of "who opens an account (card) who is responsible", "who user (merchant) is responsible", and "who cooperates with customers who are responsible" principles, and tighten and consolidate the responsibilities of relevant payment service entities.
The fourth is to attach great importance to the construction of technical defense capabilities.
Actively apply big data, cloud computing, machine learning and other financial technology methods to strengthen customer identification and suspicious transaction monitoring and handling.
Fifth, we must focus on the key and difficult points.
In response to key issues such as "running sub-platforms" and e-commerce platforms involving gambling, as well as new methods and new problems such as the use of virtual currency and blockchain technology to evade traceability, we will strengthen risk prevention and treatment in a targeted manner.
Six is to deepen publicity and warning education.
Actively carry out contact propaganda for different audiences, so that the general public deeply realize the harmfulness of cross-border gambling, consciously stay away from gambling activities, and fundamentally weaken the breeding ground for cross-border gambling.
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