Group 1 - The core viewpoint of the articles is the establishment of Chief Compliance Officer (CCO) positions in financial institutions, particularly village and town banks, to enhance risk management and compliance frameworks [1][2][3]. - The implementation of the "Regulations on Compliance Management of Financial Institutions" mandates that financial institutions set up CCO roles at their headquarters, with CCOs reporting directly to the board [2][3]. - As of now, over 20 financial institutions have established CCO positions, indicating a growing trend towards enhancing compliance and risk management capabilities within the sector [1][2]. Group 2 - The current reform of village and town banks is focused on addressing compliance management weaknesses and enhancing overall risk management systems through the appointment of independent and authoritative CCOs [3][4]. - The Central Economic Work Conference has identified the prevention and resolution of key financial risks as a major task for 2025, emphasizing the importance of managing risks in local small financial institutions [4]. - Three main reform models for village and town banks have been identified: transformation led by the main initiating bank, market-based mergers and acquisitions, and strengthening control through increased shareholding by the main initiating bank [4][5].