The Central Bank and other 7 departments solicit opinions on the management measures for online marketing of financial products_Securities Times

Securities Times Internet News, according to the news on the central bank’s website on December 31, the People’s Bank of China, the Ministry of Industry and Information Technology, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Cyberspace Administration of Opinion Draft)” for public comments. The measures are clear, requiring financial institutions to carry out online marketing of financial products on their own or entrust Internet platform companies to carry out online marketing of financial products within the scope of business permitted by the financial management department. It is forbidden for any institution or individual to provide online marketing for illegal financial activities such as illegal fund-raising. It is prohibited to market private equity financial products to unspecified objects via the Internet.