Since this year, strong supervision and strict supervision by financial supervisory authorities has continued and deepened. According to administrative penalty information disclosed on the website of the General Administration of Financial Supervision, as of October 12, there have been 1,559 fines involving banking-related institutions since October 12 this year, out of the fines already disclosed by the General Administration, the Supervisory Authority, and the Supervisory Authority. Among them, the loan business was the “hardest hit area” of illegal regulations. Industry insiders believe that in the current context of “prickly teeth” of financial supervision, the banking industry needs to further strengthen its internal control and risk management, strictly abide by regulatory regulations, and raise the level of compliant management. At the same time, regulatory authorities, financial institutions, technical service providers and other parties are required to work together to promote the compliance development of credit business.

Since this year, strong supervision and strict supervision by financial supervisory authorities has continued and deepened. According to administrative penalty information disclosed on the website of the General Administration of Financial Supervision, as of October 12, there have been 1,559 fines involving banking-related institutions since October 12 this year, out of the fines already disclosed by the General Administration, the Supervisory Authority, and the Supervisory Authority. Among them, the loan business was the “hardest hit area” of illegal regulations. Industry insiders believe that in the current context of “prickly teeth” of financial supervision, the banking industry needs to further strengthen its internal control and risk management, strictly abide by regulatory regulations, and raise the level of compliant management. At the same time, regulatory authorities, financial institutions, technical service providers and other parties are required to work together to promote the compliance development of credit business.