China Banking Regulatory Commission and then the new rules prevent " fly alone" _ News Channel network _ _ China accounting perspective needed to accountants - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

Misleading sales for effective governance Products, private sale "fly single" and other issues, China Today officially released " industry Organization sales area recording video (Hereinafter referred to as the "Interim Provisions"), requiring the banking financial institutions to set up sales area, and in the area assembly of electronic systems, each financial product sales process synchronization recording video, that is, "double recorded." It is worth noting that the "Interim Provisions" specifically for self-service terminals and other electronic equipment proposed Request, is strictly prohibited sales staff in the above equipment on behalf of the operation to buy products. From the "double record" management range, except And kind Not rigid requirements into the "double record" management, the bank's own financial products, consignment products must be included in the "double recorded" management. Industry insiders, the current bank sales of financial products can be divided into two categories, that is, self-financing products, consignment of financial products, such as sales Products, insurance products. According to reports, the implementation of the "double recorded" the main purpose is to prevent "fly single" to protect the legitimate rights and interests of consumers. The so-called "fly single" refers to the bank employees use the bank's business premises, privately sell third-party financial products to seek additional The These products are neither self-issued bank, nor signed a consignment agreement with the bank, there is a large Hidden danger. China Banking Regulatory Commission official said, "double recorded" to strengthen the bank vote The whole process of product management, better management of misleading sales problems, but also help to improve consumer awareness of risk prevention. In fact, the CBRC as early as February 2016 for the first time for the "double recorded" put forward work requirements, as of the end of 2016, the vast majority of banking financial institutions have basically completed sales area "double recorded" construction work. But "double recorded" in practice also encountered some new problems, some bank sales staff "drilling loopholes" in the self-service terminals and other electronic equipment instead of consumer operation, the purchase of illegal financial products to avoid "double record" management. To this end, "Interim Provisions" specifically for self-help purchase process, the sales staff of the valet operation, involved in marketing and other matters to limit. At the same time, according to the "Interim Provisions", the banking financial institutions should also establish a unified product information query platform, not included in the platform products are not sold.