Central Bank Governor Pan Gongsheng: AI financial applications need stronger regulation, and the regulation of non-bank intermediary institutions urgently needs to be improved.

2025-06-18 02:38:31

[Chain News] On June 18, Central Bank Governor Pan Gongsheng stated at the 2025 Lujiazui Forum that the application of artificial intelligence in the financial sector lacks unified standards, and global regulation needs to be strengthened. The regulation of non-bank intermediaries remains relatively weak, and the proportion of non-bank intermediaries in global financing has significantly risen. The stability of this type of financing is weak, transparency is low, and leverage levels are continuously increasing, requiring enhanced regulation.

He also stated that international financial organizations need to keep pace with the times and enhance the voice of emerging markets and developing countries; firmly support economic globalization and the multilateral trading system. Pan Gongsheng emphasized that building a diversified and efficient global financial safety net with a strong International Monetary Fund at its core, and maintaining the consistency and authority of global financial regulatory rules, is key to crisis prevention and resolution, and is also the direction that should continue to be adhered to.

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