Financials Jan 15, 2022 11:49 AM (GMT+8) · EqualOcean
Cailian, January 15 (Xinhua) - Cao Yu, member of the Party committee and vice chairman of the China Banking and Insurance Regulatory Commission, said at the global wealth management forum • Shanghai suhewan summit today that he would continue to improve the regulatory rules for the asset management business of the banking and insurance industry, gradually form a regulatory system running through the main line of the operation of asset management institutions, and comprehensively cover corporate governance, investment operation, sales and consumer insurance Risk internal control and other key links. At the same time, we will continue to strengthen the construction of professional supervision capacity, coordinate collaborative function supervision and behavior supervision, early detect and deal with asset management business risks, increase the intensity and frequency of on-site inspection, and comprehensively use means such as supervision tips, supervision notification and administrative punishment to maintain a high pressure on violations.