From the institutional point of view, China's financial supervision system should belong to "one dollar and many heads", that is, the financial supervision power is concentrated in the central government, and the financial authorities and related organs established by the central government perform financial supervision functions respectively, that is, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission supervise banks, securities, insurance institutions and markets respectively, while the People's Bank of China, auditing institutions and tax authorities perform some national functions respectively.
The CBRC is responsible for banking supervision, and the CSRC, as the securities regulatory agency in the State Council, implements centralized and unified supervision and management of the national securities market; China CIRC is responsible for the unified supervision of the insurance industry and the insurance market.
Extended data:
1, the main targets of financial supervision:
The traditional targets of financial supervision are domestic banks and non-bank financial institutions, but with the continuous innovation of financial instruments, the targets of financial supervision are gradually expanded to those quasi-financial institutions whose business nature is similar to that of banks, such as the quasi-banking business carried out by collective investment institutions, loan associations, bank subsidiaries or bank holding companies.
Nowadays, the whole financial system of a country can be regarded as the object of financial supervision.
2, the main contents of financial supervision:
Supervise the establishment of financial institutions; Supervise the assets and liabilities of financial institutions; Supervision of financial markets, such as market access, market financing, market interest rates, market rules, etc.; Supervise accounting settlement; Supervision of foreign exchange and foreign debt; Supervise the production, import, processing and sales of gold; Supervision of the securities industry; Supervision of insurance industry; Supervision of trust industry; Supervise gold investment, pawn, financial leasing and other activities.
Baidu Encyclopedia-Financial Supervision System
Baidu encyclopedia-financial supervision