Core Viewpoint - The National Financial Supervision Administration, in collaboration with the People's Bank of China and the China Securities Regulatory Commission, is focusing on enhancing financial consumer and investor protection through coordinated efforts and improved financial education initiatives [1] Group 1: Financial Consumer Complaints - The meeting reported on the financial consumer complaints situation for the first half of 2025, indicating a need for targeted responses to prevalent issues [1] - Emphasis was placed on a problem-oriented approach to address key areas of consumer complaints through collaborative governance [1] Group 2: Financial Education and Awareness - The administration plans to conduct a financial education campaign in September, aiming to improve public financial literacy and risk prevention capabilities [1] - Effective methods for financial education and awareness will be implemented to enhance the overall financial consumer environment [1] Group 3: Coordination and Collaboration - Strengthening collaboration with relevant departments is a priority to create a unified effort in addressing consumer rights violations [1] - The meeting highlighted the importance of information sharing and coordinated governance to ensure effective consumer and investor protection [1]

Regulatory Action - Philippine SEC is restricting access to offshore crypto exchanges [1]

JUST IN: 🇺🇸 SEC to host "crypto roundtables" across the US. https://t.co/hhoakmvzwx ...

JUST IN: 🇺🇸 SEC launches Project Crypto to modernize security rules https://t.co/bp2IUuWbhh ...

The White House proposed requiring U.S. taxpayers to report foreign crypto accounts to curb capital flight and strengthen domestic exchanges. The plan includes a new Crypto Asset Reporting Framework (CARF) and excludes new DeFi reporting rules.https://t.co/JRBlC2oE0D ...

Core Viewpoint - The seminar on financial regulation highlighted the importance of robust financial regulation as a foundational element for building a strong financial nation, emphasizing the need for a well-trained regulatory workforce and the integration of theoretical and practical insights in financial regulation [1][2]. Group 1: Financial Regulation Importance - Financial regulation is considered the foundation of the "six strengths" necessary for building a strong financial nation, serving as the basis for strong financial institutions and international financial centers [2][4]. - The publication of the book "Financial Regulation: Theory and Practice" provides valuable reference material for education and supports the cultivation of regulatory talent needed for a strong financial nation [1][2]. Group 2: Educational Initiatives - The "Financial Regulation" graduate course aims to help students understand the core functions of finance from multiple perspectives, addressing key issues such as financial system vulnerabilities and the dual nature of financial innovation [2]. - The course integrates professional ethics and financial ethics education, reflecting the university's motto "厚德载物" (Virtue carries things), emphasizing the importance of integrity in the financial sector [2]. Group 3: Expert Insights - Experts at the seminar discussed the need for a comprehensive understanding of financial regulation, considering political and technological factors that influence regulatory frameworks [3]. - The book is praised for its interdisciplinary approach, analyzing financial regulation through economic, political, and legal lenses, which helps readers grasp the complexities of China's financial regulatory system [3]. - The importance of balancing principle-based and rule-based regulation was highlighted, with a call for ongoing collaboration between academia, industry, and regulatory bodies to produce high-quality academic works reflecting China's modernization and financial strength [3][4].

Regulatory Landscape - SEC Chair Paul Atkins and the crypto industry are pleased with the House passage of stablecoin and digital asset bills [1] Legislative Developments - House passed stablecoin and digital asset bills [1]

Group 1 - The UK Treasury, Bank of England, Prudential Regulation Authority, and Financial Conduct Authority have signed a memorandum of understanding [1]

Regulatory Changes - The UK's FCA is advancing plans to simplify fundraising for companies [1] - The reforms acknowledge potential risks for both investors and companies [1]

Regulatory Landscape - Republican House leaders expect to pass an industry-friendly stablecoin regulatory bill this week [1]