Central Bank: No unit or individual may establish or operate financial infrastructure without approval

The central bank has publicly solicited opinions on the “Measures for the Supervision and Administration of Financial Infrastructure (Draft for Comment)”. Involves or may involve financial infrastructure that has a major impact on the financial system or that is deemed necessary by the relevant financial management department of the State Council, and shall be reported to the State Council for approval before approval. Without approval, no unit or individual may establish or operate financial infrastructure in any form, and shall not use “finance”, “exchange”, “trading center”, “registration and settlement”, “clearing”, “transaction report” and other related financial services Infrastructure service or similar name. | Related reading (Financial Association)

Shi Yan

Watching this news can’t help but remind people of Internet finance a few years ago. The new thing of Internet finance was prosperous in those few years, but then it exploded one after another, almost endangering the safety of the entire financial market.

Since then, it can be seen that the central government has paid great attention to financial security, and under strict supervision, all kinds of private Internet financial institutions have disappeared. Now the central bank has begun to publicly solicit opinions on the supervision and management of financial infrastructure. From this From the detailed rules of the management measures, it can be seen that the central government has stricter management of financial infrastructure. In the future, no unit or individual shall establish or operate financial infrastructure in any form, nor shall they use names related to financial infrastructure services or similar ones. Launched, filling up many previous loopholes.

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