Central Bank Zeng Zhicheng: To enter the "supervisory sandbox", it must be a licensed institution, and 46 of Beijing's approved pilot projects will be partially entered

On the afternoon of December 7, the Beijing Local Financial Supervision and Administration Bureau held a "Beijing Financial Technology Innovation Media Exchange Meeting", which disclosed the latest progress of Beijing's financial technology application pilot and innovation supervision pilot. Zeng Zhicheng, deputy director of the central bank's business management department, revealed at the meeting that the central bank's business management department together with the Beijing Financial Bureau, Zhongguancun Management Committee, and the Haidian District Government of Xicheng District formed a working group to formulate a pilot program, organize the application and selection of pilot projects, and finally Forty-six Fintech projects have been approved for trial by six national ministries and commissions, involving 77 participating institutions and enterprises. Zeng Zhicheng explained that the central bank requires a licensed institution to enter the “supervisory sandbox”, and some of the 46 application pilot projects will enter the “supervisory sandbox”.