The Ministry of Finance and the Financial Regulatory Administration issued a notice on launching a pilot program for batch verification of audit reports in the fields of bank crediting and other businesses. The notice states that the pilot banking financial institutions include the National Development Bank, Industrial And Commercial Bank Of China, Agricultural Bank Of China, Bank Of China, China Construction Bank Corporation, Bank Of Communications, China Postal Savings Bank, and CM BANK. The aforementioned banking financial institutions can select 3 to 5 representative first-level branches (including all their subordinate branches) for the pilot based on the actual situation of crediting and other businesses. The specific pilot areas will be determined by the pilot banking financial institutions themselves. (Securities Times)