China Banking and Insurance Regulatory Commission National Examination Entrance Score Line

In 2023, the minimum value of CBRC was 45.75 and the maximum value was 72.775.

The Insurance Regulatory Commission of the Bank of China was established on 20 18, which is directly affiliated to the State Council. Its main duties are to conduct unified supervision and management of the banking and insurance industries in accordance with the law, safeguard their legal and steady operation, prevent and resolve financial risks, protect the legitimate rights and interests of financial consumers and maintain financial stability. The Insurance Regulatory Commission of the Bank of China is a directly affiliated institution of the State Council, and it is a ministerial-level institution.

In March 2023, the Central Committee of the Communist Party of China and the State Council issued the Plan for the Reform of Party and State Institutions. On the basis of the China Banking Insurance Regulatory Commission, the State Financial Supervision and Administration Bureau will be established, and the China Banking Insurance Regulatory Commission will no longer be retained.

Institutional responsibilities of China Banking Regulatory Commission

1. Implement unified supervision and management of the banking and insurance industries nationwide according to law, safeguard the lawful and steady operation of the banking and insurance industries, and exercise vertical leadership over the dispatched offices.

2. Systematically study the reform, opening-up and regulatory effectiveness of the banking and insurance industries. Participate in the formulation of strategic plans for the reform and development of the financial industry, and participate in the drafting of important laws and regulations on banking and insurance, as well as basic systems such as prudential supervision and financial consumer protection. Draft other banking and insurance laws and regulations, and put forward suggestions for formulation and revision.

3, according to the basic system of prudential supervision and financial consumer protection, formulate prudential supervision and behavior supervision rules for banking and insurance. Formulate the operating rules and supervision rules of various institutions such as microfinance companies, financing guarantee companies, pawn shops, financial leasing companies, commercial factoring companies and local asset management companies. Formulate a supervision system for the business activities of information intermediaries in peer-to-peer lending.