The crackdown on "black and gray" financial industries has achieved positive results. The China Banking and Insurance Regulatory Commission: will continue to strengthen efforts to crack down on key areas.

The director of the Inspection Department of the China Banking and Insurance Regulatory Commission, Xing Guijun, answered questions from reporters about "what regulatory measures the China Banking and Insurance Regulatory Commission will take next and how to govern the 'black and grey' industries in the financial sector." He stated that in 2026, the China Banking and Insurance Regulatory Commission will continue to increase efforts to crack down on key areas such as illegal loan intermediaries and illegal agents for rights protection; research and formulate evidence transfer standards for relevant illegal and criminal behaviors, further improving the quality and effectiveness of law enforcement; at the same time, conduct joint research with relevant departments, conduct thematic research on financial crime-related systems, propose legislative suggestions, and jointly promote the sound development of financial law and governance.