Accuracy of regulating policies
ANBOUND
In 2016, China's financial market experienced difficulties. International rating agency S & P Global believes that China's credit growth in 2016 was high, and the credit-driven economic growth increased financial risk. At the beginning of the New Year, the regulating departments took immediate action, and that means that this year the financial sector will be under strict supervision. Anbound believes that the current tightening in all areas of financial regulation will only make the overall financial market tightened, which will result in the tightening of currency and financial market system. In this regard, we recommend that regulators should consider the balance of regulation and development, and the balance of tightening and relaxation policies while paying attention to "policy accuracy", which refers to more accurately combating offenders and rectifying the black sheep, but at the same time giving enough room of development for compliant operators.