Regulatory Alerts2024-07-08 | 82629FSC Vice Chairman Outlines Future Finance Policy Framework Addressing Megatrends
The Financial Services Commission outlined a medium- to long-term policy framework to address megatrends including demographic shifts, climate change, and technological advancement. The strategy employs mitigation, adaptation, and innovation measures to manage risks and foster growth, such as supporting green finance and regulating AI-driven fintech. The FSC plans to continue discussions and announce comprehensive measures by the end of the year.
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