Thirty-six agencies of the State Financial Supervision and Administration were listed today.

　　Listing ceremony.

　　Red Net News July 20th(Reporter Wu Fang) On the morning of July 20th, Hunan Supervision Bureau of the State Financial Supervision and Administration Bureau was officially listed.

　　According to the deployment of the State Financial Supervision and Administration, 36 agencies across the country held a unified listing ceremony today.

　　36 agencies nationwide.

　　In March 2003, China Banking Regulatory Commission was established. In March 2018, China Banking Regulatory Commission was abolished. In April 2018, the Insurance Regulatory Commission of the Bank of China was established, which is a directly affiliated institution of the State Council.

　　On May 18th, 2023, the State Administration of Financial Supervision was officially unveiled, and China’s financial supervision system entered a new pattern of "one line, two sessions" and "one general administration, one meeting".

　　The State Council’s institutional reform plan is clear. As the institution directly under the State Council, the State Financial Supervision and Administration Bureau is responsible for the supervision of the financial industry except the securities industry, strengthening institutional supervision, behavioral supervision, functional supervision, penetrating supervision and continuous supervision, coordinating the protection of financial consumers’ rights and interests, strengthening risk management and prevention, and investigating and handling illegal acts according to law.

　　The institutional reform plan is clear, and a local financial supervision system based on the local agencies of the central financial management department is established, and the local agencies of the central financial management department are optimized in overall planning.