Does ICBC have a legal department?

According to the Company Law of People's Republic of China (PRC), Securities Law of People's Republic of China (PRC) and other relevant laws and regulations, China Industrial and Commercial Bank has established a governance structure consisting of shareholders' meeting, board of directors, board of supervisors and senior management, and formed a working mechanism in which the authority, decision-making body, supervision body and senior management perform their respective duties, coordinate with each other and check and balance effectively.

There are five special committees under the Board of Directors: Strategy Committee, Audit Committee, Nomination and Remuneration Committee, Risk Management Committee and Related Party Transaction Control Committee. The Board of Supervisors has a supervisory committee.

In order to further improve the corporate governance structure, the authorization scheme of the shareholders' meeting to the board of directors and the authorization scheme of the board of directors to the president were formulated, the responsibilities and membership structure of special committees of the board of directors were adjusted, the chief risk officer system was implemented, employee supervisors were by-elected, the stock appreciation right plan was formulated, and the incentive mechanism of the company was established and improved. Actively explore and strengthen communication and strategic cooperation with domestic and foreign investors, and constantly improve the level of corporate governance.

Extended data

Business scope of China Industrial and Commercial Bank

Handling RMB deposits and loans; Interbank lending business; Settlement at home and abroad; Handle bill acceptance, discount and cash transfer; All kinds of exchange business; Settlement of agency funds; Providing letter of credit services and guarantees; Acting as a sales agent; Acting as an agent to issue, underwrite and honor government bonds; Collection and payment service; Acting as an agent for securities business in fund settlement (bank-securities transfer); Run insurance agency business concurrently.

Acting as an agent for loan business of policy banks, foreign governments and international financial institutions; Safe deposit box service; Issuing financial bonds; Buying and selling government bonds and financial bonds; Securities investment funds and enterprise annuity custody business; Enterprise annuity entrustment management service and annuity account management service; Registration, subscription and redemption of open-end funds; Credit investigation, consultation and witness business; Loan commitment.

Providing financial consulting services for enterprises and individuals; Organize or participate in syndicated loans; Foreign exchange deposits; Foreign exchange loans; Foreign currency exchange; Export collection and import collection; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Issuing, acting as an agent for issuing, buying and selling or acting as an agent for buying and selling foreign currency securities other than stocks; Self-operated and valet foreign exchange transactions; Foreign exchange financial derivative business; Bank card business; Telephone banking, online banking and mobile banking.

Handling foreign exchange settlement and sale business; Other businesses approved by the State Council Banking Regulatory Authority. (Enterprises independently choose business projects and carry out business activities according to law; Projects that must be approved according to law shall, after being approved by the relevant departments, carry out business activities in accordance with the approved contents; Shall not engage in business activities of projects prohibited and restricted by the industrial policies of this Municipality. )

Baidu Encyclopedia-Industrial and Commercial Bank of China Co., Ltd.

Baidu Encyclopedia-Industrial and Commercial Bank of China