Four departments including the General Administration of Financial Supervision and Administration issued implementation opinions on improving the governance of financial institutions. The “Implementation Opinions” are proposed to strictly regulate shareholders' behavior. Shareholders of financial institutions shall exercise their rights and fulfill their obligations under the corporate governance framework, and it is strictly prohibited to abuse shareholders' rights or interfere with the operation and management activities of financial institutions in violation of regulations. Financial institutions are strictly prohibited from sending benefits to shareholders and their related parties. Establish and improve shareholders' improper income recovery systems and ex post facto risk liability recovery mechanisms. Protect the rights of small and medium shareholders to know, participate in decision-making and supervision of important matters, and fully reflect the opinions of small and medium-sized shareholders on important matters such as the election of directors and supervisors.

Four departments including the General Administration of Financial Supervision and Administration issued implementation opinions on improving the governance of financial institutions. The “Implementation Opinions” are proposed to strictly regulate shareholders' behavior. Shareholders of financial institutions shall exercise their rights and fulfill their obligations under the corporate governance framework, and it is strictly prohibited to abuse shareholders' rights or interfere with the operation and management activities of financial institutions in violation of regulations. Financial institutions are strictly prohibited from sending benefits to shareholders and their related parties. Establish and improve shareholders' improper income recovery systems and ex post facto risk liability recovery mechanisms. Protect the rights of small and medium shareholders to know, participate in decision-making and supervision of important matters, and fully reflect the opinions of small and medium-sized shareholders on important matters such as the election of directors and supervisors.