The Banking Regulatory Commission told a reporter from the China Securities Journal: It will continue to increase the crackdown on key areas such as illegal loan intermediaries and illegal agency rights protection.

Xing Guijun, director of the Inspection Bureau of the China Banking and Insurance Regulatory Commission, answered questions from reporters from the China Securities Journal at a press conference held by the Ministry of Public Security on December 25th. When asked about the next regulatory measures that the regulatory commission will take to address the problem of "black and grey industries" in the financial sector, Xing said that these activities seriously disrupt the order of the financial market, damage the legitimate rights and interests of consumers, and seriously undermine the social credit system, and must be severely cracked down upon. Xing said that through the collective efforts this year, it has been deeply understood that the growth of "black and grey industries" in the financial sector is not a short-term phenomenon, and efforts to combat them need to be sustained over time. Despite some progress in curbing the spread of these activities after more than half a year of efforts by the police and regulatory system, the methods used by these criminals are constantly evolving, becoming more concealed, and making regulation more difficult. Xing said that in 2026, the regulatory commission will adhere to the main line of preventing risks, strengthening supervision, and promoting high-quality development, taking multiple measures to continuously regulate the market order and improve the effectiveness of supervision and regulation. First, continue to increase efforts to combat these activities. Continue to crackdown on key areas such as illegal loan intermediaries and illegal rights protection agents, maintain a high-pressure law enforcement posture through joint efforts between the police and regulators, and fully protect the order of the financial market and safeguard the legitimate rights and interests of financial consumers. Second, strengthen cross-departmental coordination. Strengthen communication and coordination with industry regulatory and judicial departments, leverage the synergies of cross-departmental law enforcement, and promote comprehensive governance of "black and grey industries" in the financial sector. Third, promote the improvement of institutional mechanisms. Research and establish standards for transferring evidence of illegal activities, further improve the effectiveness of law enforcement cooperation. At the same time, conduct joint research with relevant departments, conduct special studies on financial crime-related systems, propose legislative suggestions, and jointly promote the improvement of financial rule of law.