EUR/USD 1.15064

USD/JPY 159.990

GBP/USD 1.33177

GBP/JPY 213.072

English
简体中文
繁體中文
Tiếng Việt
ไทย
Indonesia

Subscribe

Real-time News

Israeli military officials: The Israel Defense Forces attacked a petrochemical complex in southwestern Iran that is used to produce ballistic missiles.Israeli military officials: The air force attacked Iranian air defense systems that were being rebuilt following previous conflicts.Israeli military officials: Iran has launched nearly 30 ballistic missiles at Israel.On June 8th, the Party Committee of the State Financial Regulatory Commission (SFC) held an enlarged meeting to study and deploy key tasks for the near future. The meeting emphasized the need to resolutely advance strict and strong regulation. Adhering to the principle that "regulation is for supervisions sake," focusing on core responsibilities, and ensuring that the requirements of strict and strong regulation are implemented throughout the entire process and at every stage of regulatory work. The meeting stressed maintaining a "strict" tone, upholding a spirit of seriousness and uncompromising action, strictly controlling market access, rigorously enforcing the law, daring to take action, and severely punishing illegal and irregular activities, truly making the regulatory system "teeth-and-barrels" and "sharp-edged." It also emphasized the need for serious accountability in regulation, using strong accountability to force the implementation of responsibilities. Finally, the meeting stressed strengthening the foundation for "strength," including enhancing regulatory system construction, comprehensively promoting the establishment, revision, abolition, and interpretation of regulatory rules and regulations, and completing the compilation of the SFCs list of powers and responsibilities. It also emphasized enhancing regulatory capabilities, accelerating the implementation of the "Financial Regulatory Project," and steadily promoting the decentralization of county-level regulatory responsibilities. Finally, it stressed strengthening central-local coordination and inter-departmental collaboration, promoting the connection between administrative and criminal law, the linkage between supervision and audit, and the integration of discipline and law, effectively forming a synergy in work.On June 8th, the Party Committee of the State Financial Regulatory Commission held an enlarged meeting to study and deploy key tasks for the near future. The meeting emphasized the need to vigorously promote high-quality development of the industry. This includes strongly encouraging differentiated development, complementary advantages, and leveraging the strengths of various institutions; resolutely promoting the reduction and improvement of the quality of small and medium-sized financial institutions, and optimizing their organizational structure according to local conditions; thoroughly rectifying disorderly competition in the financial sector, shifting the focus from speed and scale to quality and efficiency, and continuously enhancing core competitiveness; promoting multi-channel capital replenishment to strengthen the capital strength and sustainable development capabilities of financial institutions; and guiding the implementation of the "five major tasks" in finance to serve high-quality economic and social development.