Online Lending Association: Further strengthen self-discipline checks in the financial sector apps.

The China Internet Finance Association has issued a notice on further strengthening self-regulation checks in the financial sector for apps. The focus of the inspection is on apps directly conducting financial business and providing related services for financial business, with a particular emphasis on apps that have experienced security incidents, caused serious public opinion issues, received high numbers of complaints, failed to register when required, and not complied with self-regulation management requirements.