What does the CBRC do?

The full name of China Banking Regulatory Commission is Bank of China Insurance Regulatory Commission, 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 lawful and steady operations, 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 order to deepen the reform of the financial supervision system, solve the problems existing in the current system, such as unclear supervision responsibilities, cross-supervision and blank supervision, strengthen comprehensive supervision, optimize the allocation of supervision resources, better coordinate the supervision of systemically important financial institutions, and gradually establish a powerful and effective modern financial supervision framework that conforms to the characteristics of modern finance.

Keeping the bottom line that systemic financial risks will not occur, the State Council's institutional reform plan proposes to integrate the responsibilities of CBRC and CIRC, and set up the Insurance Regulatory Commission of Bank of China as a directly affiliated institution of the State Council.

Extended data:

Internal organization:

(1) General Office (Party Committee Office). Responsible for the daily operation of the organs, and undertake information, safety, confidentiality, letters and visits, government affairs disclosure, informationization, news propaganda and other work.

(2) Policy Research Bureau. To undertake the specific work of studying and organizing the implementation of the reform and opening-up policies of the banking and insurance industries. This paper systematically studies the economic and financial situation at home and abroad, the development trend of international bank insurance supervision reform, supervision methods and operation mechanism, and puts forward some suggestions on bank insurance supervision policies.

(3) Law Department. Draft other banking and insurance regulations. Formulate relevant regulatory rules. Undertake legal review and legal consulting services. Undertake administrative reconsideration, administrative litigation, administrative punishment and other work.

(4) Statistical information and risk monitoring department. To undertake the compilation and disclosure of banking and insurance regulatory statistical systems, regulatory statements and the monitoring, analysis and early warning of industry risks. To undertake the informatization construction, information security and information technology risk supervision of the banking and insurance industries.

(5) Finance and Accounting Department (solvency supervision department). Take charge of financial management and prepare the annual financial budget and final accounts of the system. Establish a solvency supervision index system and supervise its implementation. Supervise the use of insurance guarantee funds.

(6) inclusive finance Department. Coordinate and promote the banking and insurance industry in inclusive finance, formulate relevant policies, rules and regulations and organize their implementation. Guide banks and insurance institutions to provide financial services to small and micro enterprises, agriculture, rural areas and farmers and special groups.

(7) Corporate Governance Supervision Department. Formulate corporate governance supervision rules for banks and insurance institutions. Coordinate the functional supervision of equity management and corporate governance. Guide the banking industry and insurance institutions to carry out relevant work to strengthen equity management, standardize shareholder behavior and improve corporate governance structure.

(8) Banking Institution Inspection Bureau. Draw up the on-site inspection plan of banking institutions and organize its implementation. Undertake the project establishment, implementation and post-evaluation of on-site inspection. Put forward suggestions on rectification, regulatory measures and administrative punishment.

(9) Inspection Bureau of non-bank institutions. Formulate on-site inspection plans for insurance, trust and other non-bank financial institutions and organize their implementation. Undertake the project establishment, implementation and post-evaluation of on-site inspection. Put forward suggestions on rectification, regulatory measures and administrative punishment.

(10) Major Risk Events and Cases Handling Bureau (Banking and Insurance Security Bureau). Formulate rules for investigating illegal cases of banks and insurance institutions. Organize and coordinate the investigation and handling of major and cross-regional risk events and illegal cases in banking and insurance industries. To guide and inspect the safety work of banks and insurance institutions.

(eleven) innovation business supervision department. Coordinate the functional supervision of asset management business of banks and insurance institutions. Provide guidance and support for the daily supervision of innovative banking and insurance businesses. Research on the supervision strategy of undertaking new formats such as banking and insurance financial technology.

(12) Consumer Protection Bureau. To study and formulate the overall planning and implementation measures for the protection of consumer rights and interests in the banking and insurance industries. Investigate and handle cases that damage consumers' rights and interests, and organize and handle consumer complaints. Carry out publicity and education work.

(13) Bureau for Combating Illegal Financial Activities. Undertake the work of cracking down and banning the unauthorized establishment of relevant illegal financial institutions or engaging in relevant legal financial business in disguise. To undertake the identification, investigation and suppression of illegal fund-raising and the related organization and coordination. Transfer cases of illegal fund-raising to relevant departments. Carry out relevant publicity and education, policy interpretation and business guidance.

(14) Policy Banking Supervision Department. To undertake the access management of policy banks and development banks. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(fifteen) the supervision department of large state-owned commercial banks. To undertake the access management of large state-controlled commercial banks. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(sixteen) the national joint-stock commercial bank supervision department. To undertake the access management of national joint-stock commercial banks. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(seventeen) the supervision department of city commercial banks. To undertake the access management of city commercial banks and private banks. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(eighteen) the supervision department of small and medium-sized banks in rural areas. To undertake the access management of rural small and medium-sized banking institutions. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(XIX) Department of International Cooperation and Supervision of Foreign-funded Institutions (Hong Kong, Macao and Taiwan Office). To undertake foreign affairs management, international cooperation and related affairs involving Hong Kong, Macao and Taiwan. To undertake the access management of insurance institutions of foreign banks. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(20) Property Insurance Supervision Department (Reinsurance Supervision Department). To undertake the access management of property insurance and reinsurance institutions. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(twenty-one) life insurance supervision department. To undertake the access management of life insurance institutions. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(twenty-two) insurance intermediary supervision department. To undertake the access management of insurance intermediaries. Formulate the code of conduct and requirements for insurance intermediary employees. Check and standardize the behavior of insurance intermediary market, and investigate and deal with illegal acts.

(twenty-three) the regulatory authorities for the use of insurance funds. To undertake the specific work of establishing a risk assessment, early warning and monitoring system for the use of insurance funds. To undertake the access management of insurance fund utilization institutions. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(24) Trust Supervision Department. To undertake the access management of trust institutions. Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation. Guide the operation and management of the trust industry guarantee fund.

(twenty-five) the regulatory authorities of other non-bank financial institutions. To undertake the access management of financial asset management companies, enterprise group finance companies, financial leasing companies, auto finance companies, consumer finance companies, currency brokerage companies and other institutions.

Conduct off-site monitoring, risk analysis and regulatory rating, and conduct on-site investigation according to the needs of risk supervision. Put forward the measures of case risk monitoring and disposal and market exit, and undertake the specific work of organization and implementation.

(twenty-six) the Ministry of personnel (Party Committee Organization Department). To undertake the work of cadres, personnel, organization establishment, labor wages, education, etc. of the organs, agencies and directly affiliated units. Guide the construction of talent team in the industry. To guide the Party's organizational construction and education management in party member.

Organ Party Committee (Propaganda Department of Party Committee). Responsible for the Party-mass work of Beijing municipal organs and directly affiliated units, and responsible for the systematic ideological construction and propaganda work of the Party.

Baidu Encyclopedia-Bank of China Insurance Regulatory Commission