Now that the problems have been addressed in flawed financial institutions among securities companies, insurance companies and financial holding companies, the implicit repayment guarantees are in turn unwound and the exit mechanism is gradually built up. We are now steadily promoting the deposit insurance system, expecting the orderly building of a financial risk resolution framework based on deposit insurance.
Law-based administration and fulfillment of duty shall be ensured at all times. It is a basic code 9 / 11  BIS central bankers' speeches  that the functions of the PBC is designated by law and carried out in accordance with the law.