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Spirit moment panoramic regulatory compliance platform East product white paper

In September 2021, the CBRC officially issued the measures for regulatory rating of commercial banks. The evaluation weight of data governance accounted for 5% and the number of East submissions &amp; nbsp</ p> < p > data will be one of the main evaluation basis. If the data quality submitted by the follow-up East fails to meet the requirements, the bank will not only face fines, but the reduction of the overall rating score and the improvement of the comprehensive risk level, which will be extremely &amp; nbsp</ p> < p > greatly affects the normal business development and long-term development of banks. The East submission business covers a wide range and has a large amount of detailed data. The improvement of data quality requirements will inevitably lead to the doubling of the data governance workload of financial institutions.

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