Three Financial Regulatory Departments Hold Joint Meeting to Strengthen Financial Consumer and Investor Protection

CoinFeed, June 22 - The National Financial Regulatory Administration recently convened the fourth joint meeting of financial consumer and investor protection regulatory liaison officers with the People's Bank of China and the China Securities Regulatory Commission. The meeting focused on studying plans for the financial consumer protection system and key cross-sector issues, and reported on related international exchanges and cooperation progress. The meeting called for financial regulatory departments to enhance consultation and information sharing, carry out coordinated supervision on the regulation of online marketing of financial products, explicit disclosure of comprehensive financing costs for personal loans, and governance of personal information in the financial sector. At the same time, they will collaborate with relevant departments to promote financial services for the elderly and disabled, optimize posthumous financial services for individuals, and advance financial education, further improving the coordination mechanism and enhancing the effectiveness of financial consumer and investor protection.