1 thought on “Is the Banking Association the CBRC?”

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    1. Different definitions and the China Banking Supervision and Administration Commission was established on April 25, 2003. It is a ministerial institution directly under the State Council. According to the authorization of the State Council, it will uniformly supervise and manage banks, financial asset management companies, trust investment companies and other deposit financial institutions to maintain the legal and stable operation of the banking industry. Founded in 2000, the China Banking Association is a non -profit social group voluntarily formed by various commercial banks and policy banks registered in the People's Republic of China. It is approved by the People's Bank of China and registered in the civil affairs department. It is the self -discipline organization of my country's banking industry. The association and its business accept the guidance, supervision of the People's Bank of China and the management of the Ministry of Civil Affairs. 2. Different nature. The China Banking Supervision and Administration Commission is a regulatory agency in managing the banking industry. It has policy compulsory and law enforcement power. Other specifications of the exam. The China Banking Supervision and Administration Commission specializes in the special government department of the bank, which is divided from the People's Bank of China. The China Banking Association is self -discipline and mutual assistance organizations in the industry. 3. The main responsibilities of the different functions and the establishment of the China Banking Supervision and Administration Commission were to formulate rules and regulations and methods on the supervision of banking financial institutions, drafted relevant laws and administrative regulations, and put forward suggestions for formulating and modifying. The establishment, change, termination and business scope of banking financial institutions and their branches. Implement on -site and non -on -site supervision of the banking financial institutions, and investigate and deal with illegal acts in accordance with the law. Examine the qualifications of senior managers of banking financial institutions. Responsible for the establishment of data and reports of the national banking financial institutions, copy to the People's Bank of China, and announce it in accordance with relevant state regulations. In conjunction with the Ministry of Finance, the People's Bank of China and other departments, the opinions and suggestions of the emergency risk disposal of deposit financial institutions. Responsible for the daily management of the supervisory board of state -owned banking financial institutions. Other matters assigned by the State Council. The main responsibilities of the China Banking Association include: in accordance with the relevant laws and regulations, formulate the conventions of the banking industry and the rules of self -discipline, urge members to implement national laws, regulations, and various policies, safeguard the legitimate rights and interests of members, and infringe on the legitimate rights and interests of members of the membership. , A complaint or request to relevant departments, strengthen the contact between members and the People's Bank of China and other government departments, strengthen exchanges among members, coordinate controversy in business among members, promote the exchanges between the domestic banking industry and the foreign banking industry Cooperation, organizational and promoting employee business training and investigation and research related to business, and provide consulting services for members.

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