CCTV News: In order to implement the "Opinions of the General Office of the State Council on Strictly Standardizing Administrative Inspections in Enterprises" (Guobanfa [2024] No. 54), resolutely curb chaos inspections, and effectively reduce the burden on financial institutions, the State Administration for Financial Regulation recently issued the "Notice on Standardizing the Administrative Inspection Work of the General Administration System" (hereinafter referred to as the "Notice").
The main contents of the "Notice" include: First, control the "frequency" of administrative inspections. The State Administration for Financial Regulation and various dispatched agencies will further strictly implement the project establishment and approval procedures for administrative inspections, strengthen inspection coordination, and in principle, no more than two inspections will be conducted on site for the same agency within one year. If the inspection is indeed necessary based on clues such as letters, visits, complaints, transfers, and data monitoring, they may not be subject to the frequency limit. The second is to highlight the "precision" of administrative inspections. Adhere to risk orientation, implement differentiated supervision in administrative inspection work, comprehensively consider various factors such as supervision ratings, scientifically determine the inspection targets, and carry out hierarchical and classified inspections. The third is to grasp the "strength" of administrative inspections. Adhere to the principle of equivalent punishment, and comprehensively use various methods such as regulatory interviews, warnings, situation notifications, rectification within a time limit, and administrative penalties to classify and handle problems found in administrative inspections and implement comprehensive measures. It is encouraged to adopt more flexible law enforcement methods for related issues to promote reform through investigation and prevention.
The issuance of the "Notice" is an important measure to standardize administrative inspections in the State Administration for Financial Regulation. It is conducive to further standardizing law enforcement behaviors, improving the quality and efficiency of inspections, and coordinating the promotion of three key tasks: risk prevention, strengthening supervision, and promoting development. In the next step, the State Administration for Financial Regulation will guide the entire system to continuously implement various tasks and requirements for reducing the burden on enterprises and help high-quality financial development.
