Financials Sep 18, 2021 08:25 PM (GMT+8) · EqualOcean
Financial Associated Press, September 18 - Yi Gang, President of the people's Bank of China, said in the opening speech of the Sino German Video Conference on "panorama of financial technology and global payment - Exploring Xinjiang", that the Chinese regulatory authorities are also trying to balance the relationship between encouraging development and preventing risks. First, adhere to the principle that all financial activities should be included in financial supervision, and financial business must be licensed; At the same time, payment is required to return to its origin and disconnect the improper connection between payment instruments and other financial products. Second, strengthen antitrust, issue the guide on antitrust in the field of platform economy, promote large Internet platform enterprises to open and close the scene, and fully protect consumers' payment options. Third, implement prudential supervision requirements, improve corporate governance, and carry out Internet deposit and loan, insurance, fund and other businesses in compliance.

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