The Ministry of Public Security, in conjunction with various departments, reported on the “Joint Punishment Measures for Telecommunication Network Fraud and Related Offences”. In response to financial disciplinary measures, a relevant person from the People's Bank of China said that in the process of controlling the “capital chain” of telecommunication network fraud, the People's Bank of China attaches great importance to the precise management of the “capital chain”, cooperates with the public security authorities to accurately investigate the risk of account fraud, and does not adopt “one-size-fits-all” risk prevention measures.

The Ministry of Public Security, in conjunction with various departments, reported on the “Joint Punishment Measures for Telecommunication Network Fraud and Related Offences”. In response to financial disciplinary measures, a relevant person from the People's Bank of China said that in the process of controlling the “capital chain” of telecommunication network fraud, the People's Bank of China attaches great importance to the precise management of the “capital chain”, cooperates with the public security authorities to accurately investigate the risk of account fraud, and does not adopt “one-size-fits-all” risk prevention measures.