Yisheng payment platform is a platform that provides payment services. It is not a bank, so it is not regulated by China Banking Regulatory Commission (China Banking Insurance Regulatory Commission). China Banking Regulatory Commission is responsible for supervising the operation and management of commercial banks, trust companies, insurance companies and other financial institutions. In contrast, Yisheng Payment Platform, as a third-party payment institution, is supervised by the People's Bank of China (China Central Bank).

According to China's Third Party Payment Law, third-party payment institutions must obtain the payment business license issued by the People's Bank of China, and carry out payment business in accordance with relevant regulations. As a legal third-party payment institution, Yisheng payment platform also needs to abide by corresponding laws and regulations to ensure the safety of users' funds and the compliance of payment transactions.

To sum up, Yisheng payment platform is not supervised by CBRC, but by China People's Bank, and its business operation must comply with relevant laws and regulations.