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Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies

author:Political Commissar Lu
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies

Financial Regulation, Weekly Report

This week's documents: 1. The State Administration of Financial Supervision and the Ministry of Finance issued the Notice on Expanding the Scope of Catastrophe Insurance for Urban and Rural Residents and Further Improving the Catastrophe Insurance System;2. The State Administration of Financial Supervision issued the Notice on Doing a Good Job in Inclusive Credit in 2024;3. The State Administration of Financial Supervision issued the Implementation Measures for the Discretion of Administrative Penalties;4. The State Administration of Financial Supervision solicited public opinions on the Measures for the Management of Data Security of Banking and Insurance Institutions (Draft for Comments);5. The Shanghai Stock Exchange issued the business rules and continuous information disclosure guidelines for asset-backed securities to standardize the operation and management of asset securitization;6. The Shenzhen Stock Exchange issued the business rules and three supporting guidelines for asset-backed securities;7. The National Development and Reform Commission issued the Outline for the Preparation of the Franchise Plan for Public-Private Partnership Projects (2024 Trial Version);8. The 18 departments jointly issued the Action Plan for Implementing the National Standardization Development Outline (2024-2025);9. The AMAC issued the Guidelines on the Negative List of Underlying Assets for Asset Securitization Business.

Regulatory developments: 1. Pan Gongsheng attended the China Development Forum and delivered a speech; 2. Pan Gongsheng delivered a keynote speech at the Boao Forum for Asia Annual Conference 2024 "Deepening Asian Financial Cooperation" forum; 3. The People's Bank of China and Beijing Jointly Held a Meeting to Promote the Optimization of Payment Services; 4. The China Securities Regulatory Commission Held a Work Conference on Systematic and Comprehensive Management of the Party and Discipline Inspection and Supervision; 5. The Dealers Association Held a Symposium on Open Interface Services; 6. The Dealers Association: Continue to Promote the High-level Opening of the Interbank Bond Market; 7. The establishment of the AMAC's Long-term Fund Committee and its first working meeting were held in Beijing; 8. The Internet Finance Association organized a pilot project for the rapid processing of bad network information in the financial field; 9. The four places will close down the gold exchanges, and all localities will be completely shut down.

Regulatory penalties: 1. Local financial regulatory bureaus and financial regulatory sub-bureaus announced 104 administrative penalty cases; 2. The Shanghai Stock Exchange has taken regulatory actions against a number of listed companies' illegal and abnormal transactions; 3. The Shenzhen Stock Exchange has taken regulatory actions against a number of listed companies' illegal and abnormal transactions.

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Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies
Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies

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Financial Industry | The State Administration of Financial Supervision issued the Measures for the Implementation of the Discretionary Power of Administrative Penalties - a weekly report on regulatory policies

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