Chinanews.com, January 13th. On the 13th, the State Council Information Office held a press conference on financial statistics in 2022. Ma Jianyang, head of the Central Bank’s Financial Market Department, answered reporters’ questions and said that since November 2020, the financial management department has guided and supervised the Ant Group. 14 large-scale platform companies, including the Bank of China, have carried out solid rectifications for outstanding problems such as unlicensed operations, regulatory arbitrage, disorderly expansion, and infringement of consumer rights in the financial business in the past.
At present, most of the problems have been basically rectified, large platform companies operate in compliance with laws and regulations, compete fairly, consumers' awareness of protection has been significantly enhanced, and financial services have been continuously regulated.
At the same time, the financial management department issued a series of targeted institutional documents in the fields of third-party payment, personal credit investigation, Internet deposits, insurance, securities, and funds. It has laid a good institutional foundation for the follow-up normalized supervision.
Ma Jianyang said that in the next step, the financial management department will conscientiously implement the spirit of the 20th National Congress of the Communist Party of China and the Central Economic Work Conference, adhere to the "two unwavering" principles, adhere to equal emphasis on development and regulation, and support the healthy development of the platform economy.
The first is to continue to promote the relevant platform companies to speed up the rectification of the remaining few problems, and complete the rectification work from the beginning to the end.
The second is to improve the level of normalized supervision, further improve the supervision system and mechanism, strengthen the construction of supervision and technology capabilities, support the compliance operation of platform companies, develop financial services steadily and prudently, and have zero tolerance for illegal financial activities.
The third is to study and formulate financial support measures to promote the healthy development of the platform economy, support platform companies to improve their technological innovation capabilities and service quality and efficiency, consolidate and enhance international competitiveness, and show their talents in leading development, creating jobs, and international competition.
(China New Finance and Economics)