China News Service, January 27. According to the website of the China Banking and Insurance Regulatory Commission on the 27th, the China Banking and Insurance Regulatory Commission’s work conference proposed to strengthen the supervision of financial activities on Internet platforms, including strengthening the supervision of bancassurance institutions and Internet platforms when deploying key tasks for 2021. Cooperate in the supervision of financial activities; resolutely curb monopoly and unfair competition, and prevent the disorderly expansion and barbaric growth of capital in the financial field.

Data map: China Banking and Insurance Regulatory Commission.

Photo by China News Agency reporter Jia Tianyong

  On January 26, the 2021 China Banking and Insurance Regulatory Commission work conference was held in video format.

The meeting reviewed the main work in 2020, analyzed the current economic and financial situation, and deployed key tasks for 2021.

  The meeting proposed to provide strong support for building a new development pattern.

Fully support the domestic and international dual cycle.

Actively explore various financial services that promote technological innovation.

Continue to promote the expansion of domestic demand.

Promote the consolidation and expansion of the results of poverty alleviation and the effective connection of rural revitalization.

Actively develop green credit, green insurance, and green trust.

Strengthen comprehensive financial services in the field of foreign trade.

Steadily promote the high-level opening up of the banking and insurance industry.

  It is necessary to further enhance the overall efficiency of financial services.

Maintain the necessary support for economic recovery.

Strengthen financial support for small, medium and micro enterprises, and continue to increase initial loans, renewal loans, credit loans, and medium and long-term loans.

Strengthen financial support in the field of people's livelihood.

Promote the development of pension, health, liability, and catastrophe insurance.

Protect the legitimate rights and interests of consumers.

  It is necessary to prevent and defuse financial risks without slack.

Keep the macro leverage ratio basically stable.

Strictly implement the real estate loan concentration management system and key real estate enterprise financing management regulations.

Continue to deal with non-performing assets.

Accelerate the disposal of high-risk institutions.

Improve the handling mechanism for major case risks and major risk events.

Increase efforts to crack down on illegal finance and "unlicensed driving".

Actively prevent the impact of external risks.

  We must vigorously standardize and rectify key businesses.

Continue to rectify shadow banking, and attack new forms and variants of high-risk shadow banking business.

Intensify supervision of institutions that do not adequately dispose of assets in wealth management.

Thoroughly rectify the chaos in the insurance market.

Vigorously rectify financial products that do not match the name and reality.

Work with relevant departments to deepen bond market reforms.

  It is necessary to effectively strengthen the supervision of financial activities on Internet platforms.

Fully incorporate financial activities into supervision in accordance with the law, and treat similar businesses and entities equally.

Strengthen supervision of financial activities carried out by bancassurance institutions and Internet platforms.

Resolutely curb monopoly and unfair competition, and prevent the disorderly expansion and barbaric growth of capital in the financial sector.

  We must continue to deepen structural reforms on the financial supply side.

Continue to reform and optimize the bancassurance system.

Support small and medium banks to replenish capital through multiple channels, continue to promote the issuance of special local government bonds to supplement capital, and encourage large banks to export risk control tools and technologies to small and medium banks.

Promote the pilot reform of provincial associations in an orderly manner.

Promote the reform of rural banks, insurance and mergers and reorganizations.

Standardize the development of the third pillar pension insurance.

Consolidate the reform of auto insurance, continue to deepen the reform of accident insurance and health insurance, and promote the market-oriented reform of the use of insurance funds and the transformation of the insurance marketing system.

  Continuously improve the level of corporate governance and internal control management.

Implement the shareholder commitment system.

Strengthen shareholder penetrating review, regulate the behavior of major shareholders in accordance with the law, continue to clean up illegal shareholders, and establish a regular public disclosure mechanism for major illegal shareholders.

Strengthen the construction of related party transaction supervision system and system construction.

Improve the ability of directors and supervisors to perform their duties, and improve the operating rules of the board of directors.

Vigorously advocate the construction of a compliance culture.

  It is necessary to strengthen the construction of supervisory capacity.

Improve the ability of strict law enforcement, and ensure that law enforcement must be strict and penalties are equal for major risks and major cases.

Improve the whole-process supervision capability, strengthen pre-warning and early intervention, strengthen inter-event intervention, and improve the post-event risk handling mechanism.

Improve the ability of collaborative supervision and technology application.

  The meeting also emphasized that to do a good job in 2021, we must thoroughly implement the policy of comprehensive and strict governance of the party, and give full play to the guiding and guarantee role of comprehensive and strict governance of the party.

Unswervingly deepen the anti-corruption struggle, and seriously investigate and deal with the transfer of benefits and the failure of supervision behind major risk events.

Make good use of the "four forms" and adhere to the "five in one" coordinated advancement.

  Persevere in upholding discipline, implement the spirit of the eight central regulations and their implementation methods, and continue to rectify the "four winds".

Promote the establishment of a "pro" and "clear" regulatory relationship.

Deeply analyze the negative examples such as Lai Xiaomin, and vigorously build a team of loyal, clean and responsible cadres.

Continuously improve the quality of party building in the system, tighten and compact the "two responsibilities", and continue to promote the deep integration of party building and business.