Is the Youxian Financial Mediation Committee legal?

According to relevant data, the People's Mediation Committee for Financial Consumption Disputes in Youxian County is based on the spirit of the Opinions on Comprehensively Promoting the Construction of Diversified Financial Dispute Resolution Mechanism and other related documents jointly issued by the Supreme People's Court, the People's Bank of China, the Insurance Regulatory Commission of the Bank of China and relevant authorities at the provincial, municipal and county levels. The purpose of the Committee is to promote the construction of a harmonious financial order, safeguard the rights and interests of financial consumers, and mediate financial consumption disputes fairly according to law.

Youxian County is a county under the jurisdiction of Zhuzhou City, Hunan Province, located in the southeast of Hunan Province, at the western end of Wugong Mountain in the middle of Luo Xiao Mountains.