According to the China Internet Finance Association on March 14, recently, the China Internet Finance Association (hereinafter referred to as the Association) organized the project review meeting of three group standards: the evaluation guide for the digital transformation and development of consumer finance, the credit investigation and evaluation guide for small and micro individual industrial and commercial households, and the technical specification for the application of financial distributed ledger technology in the field of money laundering. The participating experts reviewed the development background, necessity, feasibility, main contents, scope of application and other relevant contents of the above standards and agreed to establish the project.
It is reported that the three group standards, including the “guidelines for the evaluation of the development of digital transformation of consumer finance”, take deepening the application of financial data elements as the starting point and accelerating the digital transformation of financial institutions as the goal, strive to give full play to the leading role of standards in digital financial governance and help create financial services in the digital age with controllable risks. Among them, the evaluation guidelines for the development of digital transformation of Consumer Finance aims to establish an evaluation index system for the digital transformation of consumer financial institutions, so as to provide reference basis for them to evaluate their own digital transformation degree, analyze the shortcomings in the process of digital transformation, and formulate digital transformation strategies, At the same time, it can also provide a reference for the financial management department to evaluate the digital transformation of the whole consumer finance industry. The guide for credit investigation and evaluation of small and micro individual industrial and commercial households aims to guide and standardize the application of credit investigation alternative data such as payment transactions in credit investigation and evaluation, help alleviate the problem of “financing difficulties” of small and micro enterprises, effectively promote the construction of Inclusive Finance, and develop credit investigation and evaluation standards for credit investigation related alternative data, which is conducive to concentrating the strength of the industry, Determine the minimum necessity of all kinds of credit investigation alternative data collection by categories, and promote the implementation of the measures for the administration of credit investigation business. The technical specification for the application of financial distributed ledger technology in the field of anti money laundering aims to promote the sharing of anti money laundering risk information between regulatory authorities, between cooperative market institutions and within financial groups through the application of new technologies such as financial distributed ledger technology and privacy computing technology, realize the joint prevention and control of money laundering risk among institutions, and improve the effectiveness of anti money laundering work in the financial industry.
The association said that it would set up a working group on three group standards, including the evaluation guidelines for the development of digital transformation of consumer finance, in accordance with the group standard management measures of China Internet Finance Association, and start the drafting work.
