ELI5: Explain Like I'm 5

Central Financial Work Commission

Imagine you and your friends are playing a game and there is one person who has to make sure the rules are being followed and everyone is playing fair. That person is like the Central Financial Work Commission.

The Central Financial Work Commission is a group of important people in a country who are responsible for making sure that money is being used correctly by banks and other financial institutions. This means they are like the referee of the game of money.

They make sure that banks and other financial institutions are following the rules and not being greedy. They also make sure that the country's money is being used in a way that benefits the people who live in that country.

Think of it like the Commission is the teacher of the big kids that are banks and financial institutions, making sure they are not doing anything naughty and playing nice so everyone can be happy. This helps make sure people's money is safe and the economy stays healthy.