State Administration of Financial Supervision: Solidly promote the reform of small and medium-sized Financial Institution Groups and effectively prevent and resolve risks in key areas

On July 18th, the State Administration of Financial Supervision held a working conference. Li Yunze, Secretary of the Party Committee and Director, attended the meeting and delivered a speech. Zhou Liang, a member of the Party Committee and Deputy Director, presided over the meeting. The meeting emphasized that we should solidly promote the reform of small and medium-sized Financial Institution Groups, effectively prevent and resolve risks in key areas, strictly prevent and crack down on illegal financial activities, and firmly hold the risk bottom line. Adhere to focusing on substantive risks and solving practical problems, standardize the business behavior of Financial Institution Groups, strengthen the protection of the rights and interests of financial consumers, and continuously enhance the pertinence and effectiveness of supervision. We will step up efforts to support the economic operation to improve, strengthen the financial supply of high-quality development in cities, support the implementation of special projects to boost consumption, strengthen effective investment and financing guarantees, optimize financial services for stabilizing enterprises and stabilizing foreign trade, better support the development of new productivity, and help achieve the annual economic and social development goals.