# Financial Regulatory Administration
Latest news and articles about Financial Regulatory Administration
Total: 2 articles found
China’s Financial Regulator Presses Five Loan‑Referral Platforms to Clean Up Consumer Lending
China’s Financial Regulatory Administration has formally reprimanded five internet loan‑referral platforms, enforcing requirements on marketing, fee disclosure, data protection, collections and complaints mechanisms. The action, the first of its kind since new assist‑lending rules were promulgated, signals a regulatory shift from policing banks to regulating the platforms that originate and market consumer credit.
Beijing Mandates 'Insure Before Take‑Off' for Drones — Liability Cover to Be Phased In by 2027
China has ordered the phased establishment of a mandatory liability insurance regime for unmanned aircraft, aiming for an initial system by 2027 and a comprehensive framework by 2030. The plan links insurance to flight approvals, promotes expanded insurance products across the drone value chain, and calls for a national data platform to support underwriting and supervision.