The central bank: comprehensively strengthen payment supervision and firmly hold the red line of reserve supervision
2024-04-28 08:03:17
The People's Bank of China held the Payment and Settlement Work Conference in 2024. The meeting called for the conscientious implementation of the "Regulations on the Supervision and Administration of Non-Bank Payment Institutions", comprehensively strengthen payment supervision, strengthen regulatory capacity building, firmly hold the red line of reserve supervision, and build a healthy and orderly payment market. It is necessary to balance risk prevention and control and optimize services, and steadily promote the precise management of "capital chains" involving fraud and gambling. Payment infrastructure should focus on its main business, ensure the performance of its duties by the central bank, and maintain a safe bottom line. It is necessary to deepen international cooperation and opening up in the payment field, and optimize RMB cross-border transfer services.
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