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Financial Regulatory Authority: Steadily advance the reform and risk resolution of small and medium financial institutions, and strictly guard against and combat illegal financial activities.
1 week ago
Source:ThepaperCn

On July 18th, the Financial Regulatory General Bureau convened a meeting on the construction of the Party system, deeply studying and implementing General Secretary Xi Jinping's important thoughts on the construction of the Party and the important thoughts on the Party's self-revolution, earnestly implementing the spirit of the Party construction work in the financial system, and deploying the Party construction work of the General Bureau system for the current and future period. The Party Committee Secretary and Director, Li Yunze, attended the meeting and delivered a speech, and the Party Committee member and Deputy Director, Zhou Liang, presided over the meeting.

The meeting pointed out that the Party Central Committee attaches great importance to the construction of the Party within the financial system. It is necessary to stand at the political and overall height, deeply understand the significant meaning of strengthening the Party construction of the general bureau system, resolutely shoulder the responsibility, promote the comprehensive and strict governance of the Party in depth, and truly lead the high-quality development of financial supervision with high-quality Party building. It is essential to adhere to the centralized and unified leadership of the Party Central Committee over financial work, firmly support the \two establishments\ and resolutely achieve the \two maintenances\, and always maintain a high degree of consistency with the Party Central Committee with Comrade Xi

The meeting called for a firm implementation of the Party Central Committee's decisions and deployments on strengthening the Party's construction in the financial system, and the comprehensive fulfillment of key tasks in Party building work. Continuously strengthen political construction, deepen the arming of the Party's innovative theories, and effectively improve political capabilities. In light of the \four-level vertical management\ reality, efforts should be made to improve an organization system that is vertically integrated and effectively executed, promoting comprehensive progress and strength in grassroots Party organizations. Seriously implement the Party's organizational line in the new era, guide Party members and cadres to be courageous and capable in taking responsibilities, and continuously enhance the purity, professionalism, and combat effectiveness of the regulatory team. Persist in rectifying the Party's style, discipline, and anti-corruption efforts, and consistently grasp the in-depth implementation of the spirit of the Central Eight Regulations. Advance the \three non-corruption\ efforts in an integrated manner. Continuously deepen and expand the rectification of formalism to reduce the burden on grassroots levels. Continuously promote the normalization and long-term effectiveness of central inspections and rectifications.

The meeting emphasized the need to further leverage the leading role of party building and coordinate efforts in risk prevention, strengthened regulation, and promoting high-quality development. It is essential to solidly advance the reform and risk resolution of small and medium financial institutions, effectively prevent and resolve risks in key areas, strictly guard against and combat illegal financial activities, and firmly maintain the bottom line of risk. Adhere to focusing on substantive risks and solving practical problems, regulate the operations of financial institutions, strengthen the protection of financial consumer rights, and continuously enhance the specificity and effectiveness of regulation. Redouble efforts to support the economy's positive and superior performance, enhance financial supply for urban high-quality development, support the implementation of special actions to boost consumption, strengthen financing guarantees for effective investment, optimize financial services to stabilize enterprises and foreign trade, and better support the development of new productive forces, contributing to the achievement of annual economic and social development goals.

Comrades from the Central Financial Work Committee attended the meeting for guidance. Members of the Party Committee of the General Administration, Comrade Zhu Shumin attended the meeting. The Discipline Inspection and Supervision Group stationed at the General Administration, heads of various departments and units of the General Administration, financial unions, and responsible persons of units managed by the General Administration in Beijing participated in the main venue. Members of the Party Committee of each financial regulatory bureau and the main responsible persons of financial regulatory branches participated in the sub-venues.