An association set up by the People's Bank of China, the China Securities Regulatory Commission, the China Banking Regulatory Commission and the China Insurance Regulatory Commission (the latter two have since merged to become the China Banking and Insurance Regulatory Commission) to supervise the carrying out of the central government's policies on internet finance, to facilitate the communication between members and policymakers, to enhance consumer protection and promote industry standards, to collect, carry out, and disseminate data and industry research to members, regulators, and the public, and to represent China's internet finance industry at the international level.