Core Insights - The article highlights the increasing sophistication of financial black and gray markets, which exploit vulnerable consumers through deceptive practices and advanced technology [1][5][10] - Financial institutions are responding with technological innovations and collaborative efforts to combat these threats, emphasizing the need for a multi-layered defense system [6][10][11] Group 1: Financial Black and Gray Market Operations - The financial black and gray market has evolved into a complete industry chain, utilizing internet platforms for customer acquisition and employing fake legal teams for fraudulent litigation guidance [2][5] - Tactics include creating false evidence such as fake poverty certificates and using coded language to evade detection by platforms [2][5] - The market size of financial black and gray activities surpassed 280 billion yuan in the first quarter of 2025, with illegal activities like proxy rights protection rapidly expanding [5][10] Group 2: Technological Responses from Financial Institutions - Financial institutions are developing advanced technology systems to counteract black and gray market tactics, such as the "Tianxing Insight System" for precise identification and tracking of fraudulent activities [6][9] - A shift from post-event handling to proactive prevention and early warning systems is being implemented, utilizing multi-modal anti-fraud technologies [7][9] Group 3: Industry Collaboration and Governance - The establishment of the AIF Alliance aims to enhance collaborative governance against financial black and gray markets, focusing on data sharing and joint risk management [10][11] - The "Yulei Police-Enterprise Cooperation System" facilitates information exchange between financial institutions and law enforcement, improving the efficiency of tracking and apprehending suspects [11][12] - The AIF Alliance has shared over 203,400 pieces of black market data and assisted in numerous law enforcement actions since its inception [10][11]

Core Viewpoint - The recent judicial ruling marks a significant breakthrough in combating financial black and gray industries, specifically defining illegal agency behavior in the loan assistance sector as extortion, which raises the legal stakes for similar cases [1][6]. Summary by Sections Judicial Ruling and Legal Implications - The case represents the first instance of classifying illegal agency behavior in the loan assistance industry as extortion, establishing a legal precedent that could deter similar actions in the future [1][6]. - The court's decision highlights that coercing financial institutions to waive fees through malicious complaints constitutes extortion, thus clarifying the legal boundaries for such actions [6]. Case Details - The defendants, including Zeng Moupeng, were found guilty of extortion and violating personal information laws, with the total amount involved exceeding one million yuan [3][4]. - The court imposed sentences ranging from three years and ten months to eight years and six months, along with fines between 50,000 and 120,000 yuan [4]. Characteristics of Financial Black and Gray Industries - Financial black and gray industries are evolving, becoming more technical, scenario-based, and professional, utilizing various platforms for illegal activities [7]. - These industries often disguise themselves as legal entities, employing deceptive marketing tactics to lure consumers while engaging in illegal practices such as fabricating evidence and malicious complaints [7]. Ongoing Actions Against Financial Crimes - Authorities are actively responding to the changing landscape of financial black and gray industries, with initiatives to combat fraud and misinformation set to take place from September to December 2025 [8]. - Legal experts suggest a comprehensive approach to dismantle the entire criminal network, including those providing client information and technical support, to effectively address the issue [8].

Core Viewpoint - The joint initiative aims to combat financial black and gray industries by establishing a comprehensive prevention and control system to create a clear, safe, and trustworthy financial ecosystem [1] Group 1: Regulatory Framework - The financial black and gray industries exploit consumers' urgent need for rights protection, engaging in illegal activities under the guise of "legitimate rights protection" [1] - Despite efforts from regulatory bodies, the effectiveness of combating these industries remains inadequate, necessitating a robust legal framework and enhanced collaboration among various stakeholders [1] Group 2: Social Interaction System - Establishing a social interaction system that standardizes rights protection and enforces responsibilities is crucial for gathering societal support against financial black and gray industries [2] - Strengthening consumer rights protection and ensuring efficient complaint handling can prevent illegal actors from exploiting consumers' urgent need for rights protection [2] Group 3: Public Awareness and Education - A multi-faceted approach involving regular interaction among financial regulators, prosecutorial agencies, and academic institutions is essential for clarifying legal boundaries and enhancing practical applications [3] - Public education initiatives, such as "Financial Knowledge Promotion Month," are vital for improving the public's ability to identify and resist financial black and gray industries [3]

Core Viewpoint - The Beijing People's Procuratorate, in collaboration with the National Financial Regulatory Administration's Beijing Bureau and China University of Political Science and Law, has issued a joint initiative to combat financial black and gray industries, aiming to create a safe and trustworthy financial ecosystem [1][2]. Group 1: Financial Black and Gray Industries - Financial "black and gray industries" exploit consumers' urgent needs for rights protection, disguising illegal activities as "legitimate rights protection" to gain undue profits [1]. - Typical examples include improper debt collection, illegal loan mediation, malicious debt evasion, illegal insurance claims processing, false credit repair, and illegal stock recommendations [1]. - These activities disrupt financial management order and infringe on consumers' property safety [1]. Group 2: Multi-Party Collaborative Prevention System - A comprehensive prevention system involving judiciary, regulation, industry, platforms, and the public is necessary to combat these illegal financial activities [1]. - Strengthening information sharing and establishing a collaborative mechanism are essential for effective risk prevention [1]. - Financial institutions are required to report high-risk information proactively, while regulatory bodies should regularly conduct clue assessments and organize special rectifications [1]. Group 3: Consumer Rights Protection - It is crucial to enhance consumer rights protection to prevent illegal actors from exploiting consumers' eagerness to defend their rights [2]. - Improving complaint and reporting standards will ensure that consumers' reasonable demands are addressed promptly, preventing malicious complaints from consuming resources [2]. - Responsibilities of all parties must be clarified, particularly for online platforms regarding the verification of the qualifications of their members, information dissemination, and risk event management [2].

Core Viewpoint - The article highlights the increasing prevalence of financial "black and gray industries" under the guise of "debt optimization," "credit repair," and "anti-collection," which pose significant threats to consumer rights and financial market order [1][3] Group 1: Case Overview - A recent case in Changning District involved the successful crackdown on an information infringement and extortion case, marking the first time illegal "rights protection agents" in the lending sector were classified as extortion [1][2] - The criminal group, led by Zeng Moupeng and others, illegally obtained personal information and extorted financial platforms, with the total amount involved exceeding one million yuan [2][3] Group 2: Law Enforcement and Corporate Collaboration - The collaboration between law enforcement and financial technology companies, such as Xinfly Technology, has proven effective in combating financial black and gray industries [3][4] - Xinfly Technology established a special task force to monitor and report suspicious complaints, leading to the identification of high-risk activities and subsequent police involvement [1][3] Group 3: Technological Innovations - Xinfly Technology has developed an intelligent risk control system that utilizes artificial intelligence and machine learning to detect abnormal behaviors and potential risks [4] - In 2024, the company captured over 10,000 fraud-related leads and identified more than 6,000 cases of black and gray industry activities, demonstrating its commitment to consumer protection and financial security [4] Group 4: Future Directions - The company aims to strengthen its anti-fraud defenses through technology and collaboration with law enforcement and financial institutions, maintaining a high-pressure stance against black and gray industry activities [4]

Core Points - The case revealed a financial black industry disguised as "rights protection" which involved extortion and the illegal acquisition of personal information [1] - This is the first judicial practice in the lending industry to classify illegal rights protection organizations as extortion, breaking the previous limitation of similar cases being classified as fraud [1] Company Insights - The financial technology platform, JiaYin Technology, was the first to detect anomalies in complaints, noting that multiple complaints exhibited similar language, concentrated timing, and consistent demands [1] - JiaYin Technology's security team categorized and investigated the leads, including patterns in complaint timing, IP address distribution, and associated account information, which provided crucial breakthroughs for the police investigation [1] - JiaYin Technology advises consumers to resolve fee negotiation needs through official customer service channels and to avoid trusting third-party "agents" [1]

近年来，金融领域面临金融"黑灰产"蔓延的严峻挑战。近日，北京金融监管局与北京市人民检察院、中 国政法大学联合发布《关于打击治理金融黑灰产的联合倡议书》，呼吁构建多方联动的综合防治体系， 遏制金融"黑灰产"蔓延，防范化解金融系统性安全风险。 "黑灰产"破坏金融秩序 金融"黑灰产"，即金融领域黑灰产业，指在金融领域以违法或者形式上不违法的方式获取不当利益的新 兴业态，主要涉及不正当反催收、不法贷款中介、恶意逃废债、非法办理退保理赔、虚假征信修复、非 法荐股等破坏金融管理秩序和侵害人民财产安全的行为。 需要多方协同共治 遏制金融"黑灰产"蔓延，需要凝聚全社会共识，营造清朗、安全、可信的金融生态环境，构建多方联动 的综合防治体系。 上述倡议书显示，在互联网经济浪潮下，金融"黑灰产"广泛依托媒体平台进行市场营销和规模扩张，呈 现出链条化、跨地域化、批量化、隐蔽化等特点。 北京金融监管局相关负责人表示，金融"黑灰产"犹如隐藏在金融体系中的毒瘤，不仅严重侵害人民群众 和金融机构的合法权益，还对金融市场秩序和金融安全防线构成重大威胁。 记者了解到，近年来，金融"黑灰产"组织、个人为谋求非法利益，假借法务公司、咨询公司等名义， ...

Core Viewpoint - The rise of illegal loan intermediaries has become a significant issue in the financial sector, characterized by deceptive practices that harm consumers and disrupt market order [1][2]. Group 1: Illegal Loan Intermediaries - Illegal loan intermediaries utilize false promises and illegal tactics to exploit consumers, leading to increased financing costs and heightened financial risks [1][2]. - The recent joint initiative by the Beijing Financial Regulatory Bureau, the Beijing Procuratorate, and China University of Political Science and Law aims to combat financial black and gray industries, promoting a safer financial ecosystem [1][2]. Group 2: Characteristics and Risks - Financial black and gray industries are marked by chain-like, cross-regional, bulk, and covert characteristics, involving activities such as illegal loan mediation and malicious debt evasion [2]. - These illegal practices pose a severe threat to both consumer rights and the overall financial market order, acting as a hidden danger within the financial system [2]. Group 3: Consumer Warnings and Recommendations - Consumers are advised to be cautious of low-interest loan offers, as intermediaries often lure them with rates around 2% to 3%, only to impose hidden fees that can exceed 10% or even 20% [2][3]. - It is crucial for consumers to safeguard personal information and avoid trusting unsolicited communications regarding debt restructuring or optimization from unknown sources [3].

Core Insights - The financial industry is undergoing unprecedented transformation due to the deep integration of technologies such as artificial intelligence, big data, and blockchain, which enhance efficiency and inclusivity while simultaneously increasing the complexity and transmissibility of financial risks [1][3] - The Beijing Financial Regulatory Bureau, in collaboration with the Beijing People's Procuratorate and China University of Political Science and Law, released a joint initiative to combat financial black and gray industries, emphasizing the need to block internet channels for these illicit activities and create a nationwide anti-black industry atmosphere [1][7] Group 1: Financial Crime Trends - The "Financial Prosecution White Paper" (2024-2025) was released, detailing the current landscape of financial crimes, including illegal fundraising, money laundering, and securities fraud, highlighting a decline in illegal fundraising cases but an increase in online and hybrid methods [4][5] - Money laundering is increasingly penetrating new sectors such as digital payments and virtual currencies, with organized crime groups becoming more active, exacerbating cross-border illegal fund flows [5][6] - The characteristics of securities and futures crimes are becoming more specialized and organized, with a notable involvement of intermediary institutions in financial fraud [5][6] Group 2: Risk Management and Prevention - The initiative proposes several measures to combat financial black and gray industries, including enhancing information sharing and establishing a risk monitoring mechanism to facilitate early identification and response to financial risks [7][8] - It emphasizes the importance of consumer rights protection, ensuring quick resolution of legitimate complaints while preventing malicious claims from consuming resources [8] - The initiative also calls for a multi-faceted approach to legal research and practical application, aiming to clarify legal boundaries and provide robust legal support for combating new forms of financial crime [8]

Core Insights - The 2025 Financial Street Forum held in Beijing focused on the governance of financial black and gray industries, which has garnered attention from both domestic and international financial practitioners as well as the general public [1] Group 1: Financial Black and Gray Industries - Financial black and gray industries include illegal activities such as improper debt collection, illegal loan mediation, malicious debt evasion, illegal insurance claims, and fraudulent credit repair [2] - These industries are described as a "tumor" hidden within the financial system, posing significant threats to the rights of individuals and financial institutions, as well as to the order and security of the financial market [2] Group 2: New Characteristics and Risks - The rise of AI has introduced new characteristics to financial black and gray industries, including a complete chain of "customer acquisition - traffic generation - implementation - profit sharing" facilitated by online platforms [2] - Illegal stock recommendations utilize new media platforms to attract followers under the guise of financial education, subsequently converting them into "private domain customers" [2] Group 3: Joint Initiative for Governance - A joint initiative was launched to establish a comprehensive prevention and control system involving judicial, regulatory, industry, platform, and public participation to combat financial black and gray industries [3] - The initiative emphasizes the need for information sharing, mechanism improvement, rights protection standardization, and accountability among stakeholders [3] - It also outlines obligations for platforms to verify the qualifications of entities, manage information dissemination, and enhance content review to prevent the spread of black and gray industries online [3]