Central Bank: Financial Stability Guarantee Fund has accumulated certain funds

On September 26, our reporter Liu Qi, the Financial Stability Bureau of the People's Bank of China published the article "Preventing and Resolving the Financial Risks and Stable and Stability and Long -Effective Mechanism", pointing out that "the basic framework of the financial stability guarantee fund was initially established, and certain funds have accumulated." According to the relevant work deployment of the central government, in 2022, the People's Bank of China, together with relevant departments, accelerated the establishment of a financial stability guarantee fund. Financial stability guarantee funds are positioned in the central government to respond to major financial risks. The funds come from market entities such as financial institutions, financial infrastructure and other market entities. Safety. In major financial risk disposal, parties such as financial institutions, shareholders and actual controllers, local governments, deposit insurance funds, and related industry security funds shall be fully invested in the corresponding resources in accordance with the law. There is still a gap, and the financial stability guarantee fund is approved by the procedures. At present, the basic framework of the financial stability guarantee fund has been established, and it has accumulated certain funds.

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