The central bank issued the "Guidelines for Technology Ethics in the Financial Sector" to prevent blurring business boundaries in the name of "technological innovation"

According to the 21st Century Economic Net, on October 9, the People's Bank of China officially issued the "Guidelines for the Ethics of Science and Technology in the Financial Field", which provides the principles of integrity and innovation, data security, inclusiveness, openness, transparency, and fairness that need to be followed in the development of technological activities in the financial field. The value concepts and codes of conduct in seven aspects, including competition, risk prevention and control, and green and low-carbon, are applicable to guide financial sector practitioners to carry out scientific and technological ethics governance work, and prevent and resolve ethical risks in financial technology activities. Among them, we insist that the essence of financial technology is finance, and those involved in financial business must obtain financial licenses and qualifications in accordance with relevant regulations, standardize their business activities, and put an end to blurring business boundaries, cross-nesting relationships, layer-by-layer packaging of products, and implementation in the name of "technological innovation." Acts of operating without a license or operating beyond the scope. Adhering to the principle of "finance-based, technology as a tool", adhere to the positioning of technology as financial empowerment, delineate the cooperation boundary between financial institutions and technology companies, financial institutions directly provide financial services, technology companies provide technical support for financial institutions, Achieve mutual promotion and common progress, and effectively isolate financial risks and technological risks.