The China Asset Management Fin-Tech Institute,(CAMFT), is a non-profit research body established by the China Insurance Asset Management Association and authorized by the Hangzhou Civil Affairs Bureau. It operates under the supervision of the Hangzhou Financial Services Bureau. The institute continuously focuses on cutting-edge research in asset management and financial technology, amassing extensive theoretical exploration and practical expertise in areas such as sustainable development, green finance, ESG (Environmental, Social, and Governance), and cross-border data security.
According to its legal business scope, CAMFT provides services including consulting, project research, information research, and technology development services. In the course of building the Hangzhou International Fintech Center, CAMFT has been recognized as one of the 'Top Ten Financial Aggregation Key Projects' and serves as a financial development advisor for multiple cities in the Yangtze River Delta (Shanghai, Zhejiang Province, etc) and Pearl River Delta regions(Shenzhen, Hong Kong, etc).
In the fintech field, CAMFT boasts three key strengths:
1. It has contributed to the formulation of six national asset management industry standards in China.
2. The institute has completed significant research projects on cross-border consumption, consumer rights protection, financial information, and credit innovation, entrusted by the China Banking and Insurance Regulatory Commission (CBIRC).
3. Acting as the physical entity of the fintech laboratory under the China Association of Insurance Asset Managers, CAMFT undertakes relevant work in this capacity.
In the regulatory aspect, the institute has achieved and excels in four areas:
1. CAMFT has repeatedly won bids for major research projects commissioned by China's Ministry of Finance, the People's Bank of China, and the CBIRC.
2. It has been involved in the formulation of the issuance of fintech licenses and the fintech regulatory classification framework by the Second Bureau of the General Office of the State Council, as well as the establishment of national financial information standards.
3. The institute is a council member of the Cyberspace Administration of China's Internet Society of China and an invited unit of the China Academy of Information and Communications Technology (CAICT).
4. CAMFT has undertaken regulatory consulting projects for multinational financial groups, thereby gaining substantial practical experience in this domain.
