FFSAC
FFSAC, or the Federal Financial Supervisory Authority of China, is a regulatory body established to oversee and supervise the financial sector in China. It was established in 2013 as part of the country's efforts to strengthen financial regulation and stability. The FFSAC is responsible for formulating policies, implementing regulations, and supervising financial institutions to ensure they comply with legal and regulatory requirements.
The authority's primary functions include risk management, financial stability, and market integrity. It oversees various financial
In addition to its supervisory role, the FFSAC is involved in policy-making and international cooperation. It
The FFSAC operates under the guidance of the State Council, the highest organ of state power in