Jul 19, 2021 07:37 PM (GMT+8) · EqualOcean
In order to coordinate with the effective implementation of the measures for the implementation of administrative licensing matters of non bank financial institutions of the CIRC, and enhance the standardization and effectiveness of administrative licensing work. Recently, the China Banking and Insurance Regulatory Commission (CIRC) has revised and released the contents and format requirements of application materials for administrative licensing of non bank financial institutions. The purpose of this revision is to strengthen the matching link between the catalogue and the measures, and integrate the latest regulatory guidance and requirements; At the same time, we should strengthen the work of streamlining administration and delegating powers, simplify and optimize some application materials, and reduce the burden of market players.