VHTEAM > Feeds > FinTech One Weekly Express China Construction Bank launched three 5G + smart banks; Yan Yan is 360 independent director of finance.

FinTech One Weekly Express China Construction Bank launched three 5G + smart banks; Yan Yan is 360 independent director of finance.

2019-07-14 22:55:00Source: Billion euro

—— [Supervision]-CBA: There is a great uncertainty in the "joint loan" model of private banks. On July 10, the China Banking Association issued the China Banking Development Report (2019). It was pointed out that many banks have explored the "joint loan" under the background of limited sources of funds and few channels of development for private banks. The new model, which can enable Internet banks lacking financial resources to obtain relatively low-cost funds, is currently more uncertain. On July 8, the Banking Insurance Regulatory Commission (BIRC) launched a special rectification of bank insurance. The China Banking Insurance Regulatory Commission (CBRC) recently issued the Notice of the General Office of the CBRC on the Special rectification of the equity and related transactions of bank insurance institutions, which aims at the special rectification of the equity and related transactions of bank insurance institutions and severely cracks down on shareholder equity violations. And through related party transactions to carry out profit transmission and other disorderly behavior. —— [Dynamic] UBS was fined 90,000 yuan for violating payment and settlement regulations.

Tags: AR FinTech
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