The China Banking and Insurance Regulatory Commission (CBIRC) has issued a directive calling for improvements to the quality of Internet finance. CBIRC recently issued the “Notice on Strengthening Commercial Bank Internet Lending Operations Management and Improving Financial Services Quality and Effectiveness” (????????????????? ???????????). CBIRC said that the release of the Notice is for the purpose of “further standardising the operating conduct of commercial bank online lending operations, and expediting the healthy and stable development of online lending operations. With regard for online lending operations, the Notice calls specifically for: Upholding equal emphasis on development and standardisation. Encouraging commercial banks to…