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2014 9 UFO GEMS Plus China National Advanced Payment System(CNAPS2)
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CNAPS2 stands for Comprehensive National Assessment Process for Systems and Institutions.
Financial institutions and relevant authorities are required to file CNAPS2.
CNAPS2 can be filled out online through the designated platform provided by the regulatory authorities.
The purpose of CNAPS2 is to assess the overall soundness and stability of financial systems and institutions.
Information such as financial performance, risk management practices, and regulatory compliance must be reported on CNAPS2.
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