Group 1 - The Ministry of Finance emphasizes that financial regulatory authorities will incorporate the execution of two interest subsidy policies into daily financial supervision [1] - The Ministry of Finance will collaborate with financial regulatory authorities to ensure that loan processing institutions manage loans properly and protect the legitimate rights of borrowers [1] - Loan processing institutions are required to base credit assessments on the actual needs and credit status of borrowers, and must not use interest subsidy policies to induce consumers to borrow [1]

在监督管理方面，郭武平表示，金融监管总局将督促贷款经办机构按照财政部规定和要求，做好贷款贴 息资金的测算、审核、申请工作。经办机构对贴息数据和相关材料的真实性、合规性、准确性负责。金 融监管总局也会督促贷款经办机构总部，建立健全内部问题核查和处理机制，发现问题及时纠正，加强 金融消费者权益保护。同时，指导各金融监管局将个人消费贷款贴息政策执行情况纳入日常监管，配合 财政部门适时对贷款经办机构贴息资金的申请、拨付、清算等情况开展核查。 郭武平指出，在信贷管理方面，贷款经办机构按照市场化、法治化原则和相关信贷管理规定自主开展差 异化授信，合理设置消费贷款的额度、期限、利率，自主决策贷款发放条件并及时发放贷款资金。完善 贷款合同条款，严格借款人授信评审和贷后管理要求，主要是围绕消费重点场景、重点群体做好金融服 务，提振消费和扩大内需。 在贷款用途方面，郭武平强调，贷款经办机构要健全信息系统，对贷款账户符合条件的消费信息进行识 别。符合条件的消费包括单笔5万元以下消费，以及单笔5万元以上的家用汽车、养老生育、教育培训、 文化旅游、家居家装、电子产品、健康医疗等重点领域消费。同时，按照财政部的规定和要求，贷款经 办机构 ...

Core Viewpoint - The Financial Regulatory Administration emphasizes the importance of strict adherence to industry management department's audit results for loan subsidy applications, ensuring compliance and effective use of funds [1] Group 1 - The Financial Regulatory Administration will guide banks to apply for interest subsidy funds strictly based on the audit results from industry management departments [1] - There will be dynamic tracking of loan flows to enhance fund usage control, ensuring compliance and effective utilization of funds [1] - The administration will strengthen daily ongoing supervision and collaborate with local financial departments to enhance business guidance [1] Group 2 - Banks will be urged to improve loan management to prevent risks associated with the misappropriation of interest subsidy funds [1]

Core Viewpoint - The Financial Regulatory Administration emphasizes the responsibility of lending institutions to ensure the authenticity, compliance, and accuracy of interest subsidy data and related materials [1] Group 1 - The Financial Regulatory Administration will urge lending institutions to establish and improve internal verification and handling mechanisms to promptly correct any identified issues [1] - There will be a focus on enhancing the protection of financial consumer rights [1] - The execution of personal consumption loan interest subsidy policies will be included in the ongoing supervision by various financial regulatory bureaus [1] Group 2 - The Financial Regulatory Administration will collaborate with fiscal departments to conduct audits on the application, allocation, and settlement of interest subsidy funds by lending institutions [1]

Group 1 - The National Financial Supervision Administration, along with the People's Bank of China and the China Securities Regulatory Commission, held the second meeting to strengthen the protection of financial consumers and investors, focusing on addressing prominent issues harming consumer rights [1] - The meeting reported on the financial consumer complaints situation for the first half of 2025 and discussed the governance of the financial consumption environment and recent financial education activities [1] - Emphasis was placed on a problem-oriented approach to address key areas of consumer complaints, enhance inter-departmental collaboration, and improve financial literacy and risk prevention capabilities among the public [1] Group 2 - Local authorities, such as the Beijing Financial Regulatory Bureau, have initiated concentrated rectification actions against illegal lending intermediaries, aiming to protect consumers' legal rights [2] - The first joint meeting on financial consumer and investor protection was held in November 2024, marking the establishment of a coordination mechanism for consumer protection [2] - In May of this year, a meeting was convened to address cross-market and cross-field consumer protection issues and to arrange financial education initiatives [2]

Core Points - The meeting emphasized the importance of protecting financial consumers and investors, focusing on problem-oriented approaches to address complaints and issues in the financial sector [1] - The regulatory bodies will enhance collaboration to create a unified effort in improving the financial consumer environment and addressing significant issues affecting consumer rights [1] - Financial education and awareness campaigns will be intensified to improve public financial literacy and risk prevention capabilities [1] Summary by Categories Financial Consumer Protection - The meeting involved the Financial Regulatory Bureau, the People's Bank of China, and the China Securities Regulatory Commission to discuss the state of financial consumer complaints in the first half of 2025 [1] - There will be a coordinated effort to address key areas of concern raised by financial consumers, ensuring timely assessment and response to complaints [1] Regulatory Collaboration - The regulatory bodies will strengthen their collaboration with relevant departments to enhance the effectiveness of financial consumer protection initiatives [1] - A focus will be placed on identifying and addressing prominent issues that infringe on consumer rights, with an emphasis on risk warnings and concentrated remediation efforts [1] Financial Education Initiatives - A comprehensive financial education campaign is planned for September, utilizing effective methods to enhance public understanding of financial matters [1] - The goal is to elevate the financial literacy and risk management skills of the general public, contributing to a more informed consumer base [1]

Core Viewpoint - The meeting emphasized the importance of protecting financial consumers and investors, focusing on addressing complaints and enhancing financial literacy [1] Group 1: Financial Consumer Protection - The Financial Regulatory Bureau, along with the People's Bank of China and the China Securities Regulatory Commission, held a meeting to discuss financial consumer complaints for the first half of 2025 [1] - The meeting highlighted the need for a problem-oriented approach to address key issues raised by financial consumers [1] - There is a commitment to strengthen collaboration with relevant departments to tackle prominent issues affecting consumer rights [1] Group 2: Financial Education and Awareness - The meeting outlined plans for a financial education campaign in September, aiming to improve public financial literacy and risk prevention capabilities [1] - Effective methods for financial education and publicity will be employed to enhance the understanding of financial products among the public [1] - The importance of information sharing and collaborative governance in consumer protection efforts was stressed to ensure high-quality development in financial consumer and investor protection [1]

Core Points - The meeting highlighted the progress made in combating illegal fundraising since 2021, with a focus on implementing the "Regulations on the Prevention and Disposal of Illegal Fundraising" and establishing a national monitoring and early warning system [1] - Despite the progress, the current risk situation regarding illegal fundraising remains complex and severe, necessitating a focus on preventing rebounds and maintaining stability [1] - The meeting emphasized the need for a continued crackdown on illegal fundraising, particularly in key areas such as pensions and investment financing, while also addressing existing cases to reduce backlog [1] Summary by Sections - **Progress and Achievements** - Since 2021, there has been a serious effort to implement national policies against illegal fundraising, resulting in significant progress in risk prevention and control [1] - A national monitoring and early warning network has been established to enhance oversight [1] - **Current Challenges** - The risk landscape for illegal fundraising is still complicated and severe, requiring heightened political awareness and a focus on stability [1] - The need for systematic and source governance is emphasized to curb new incidents and manage existing risks [1] - **Future Actions** - The meeting called for a sustained crackdown on illegal fundraising activities, with a focus on key sectors like pensions and investment financing [1] - There is a commitment to enhance the recovery of losses and minimize public harm through various measures [2] - The integration of national and local monitoring platforms is crucial for better risk management [2]

Core Viewpoint - The head of the Financial Regulatory Administration, Li Yunzhe, emphasized the need to strengthen the implementation of established policies and accelerate the introduction of new financing systems tailored to the real estate sector to support market stability [1] Group 1: Policy Implementation - The Financial Regulatory Administration will intensify efforts to ensure that existing policies are effectively implemented [1] - There is a focus on accelerating the development of new incremental policy reserves [1] - Continuous improvement of response plans is a priority to solidify the economic recovery [1] Group 2: Real Estate Sector Support - A series of financing systems compatible with new models of real estate development will be introduced soon [1] - The aim is to assist in maintaining a stable trend in the real estate market [1]

Core Points - The People's Bank of China, along with the National Financial Regulatory Administration and the China Securities Regulatory Commission, has drafted a consultation paper for a new management method regarding customer due diligence and the preservation of customer identity information and transaction records [1] - The consultation draft does not mention the previous requirement for individuals to register the source of funds for cash deposits or withdrawals exceeding 50,000 RMB [1] - Financial institutions are required to conduct customer due diligence for one-time financial services with transaction amounts exceeding 50,000 RMB or equivalent to 10,000 USD, and to retain copies of valid identification documents [1] - The management method emphasizes the use of electronic means for high-quality preservation of customer data and transaction records, mandating that such records be kept for at least 10 years after the end of the business relationship or transaction [1] Related Information - The People's Bank of China is enhancing risk-based anti-money laundering regulatory requirements [2] - The central bank plans to revise the rules for the RMB cross-border payment system [2] - Starting from August 1, cash purchases of gold exceeding 100,000 RMB will need to be reported [2]