Beijing Financial Supervision Bureau Issues "Annual Report" to Discuss Progress of Special Rectification of Financial Risks including Virtual Currency

On January 10, Beijing Local Financial Supervision and Administration Bureau issued the “2019 Annual Performance Management Report”. The report said that during the year, Beijing promoted 29 new A-share listed companies, including 12 science and technology boards. In addition, exploring the framework of the "7 + 4" financial supervision system and in-depth implementation of special rectification of Internet financial risks such as P2P and virtual currencies have been written into this year's Beijing version performance management work report. In 2019, the Beijing Financial Regulatory Bureau will carry out special rectification of Internet financial risks such as P2P, Internet wealth management, and virtual currencies, and the orderly resolution of P2P inventory risks. We will continue to crack down on illegal financing and other illegal financial activities.