First, the regulatory scope of the two is different. The full name of the CSRC is China Securities Regulatory Commission, which, as its name implies, supervises and manages the activities of the securities industry, mainly the capital market. The full name of China Banking Regulatory Commission is China Banking Regulatory Commission, which supervises the banking industry, mainly the activities of the money market.
Second, they perform different duties. China Securities Regulatory Commission uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation. The CBRC uniformly supervises and manages deposit-taking financial institutions such as banks, financial asset management companies, trust and investment companies, and maintains the legal and steady operation of the banking industry.
Third, their internal departmental structures are different. Headquartered in Beijing, CSRC has 2 1 functional departments, 1 inspection corps and 3 centers. China Banking Regulatory Commission is located in Beijing Financial Street, with 27 departments.
Fourth, they were established at different times. The CSRC was established earlier, 1992 10 months, while the CBRC was established in April 2003.
With the change of financial market, the separate operation has gradually changed to mixed operation, and the functions of various financial supervision institutions have been expanding, especially the China Banking Regulatory Commission, which merged with the China Insurance Regulatory Commission on 20 18 and assumed the function of supervising the insurance industry.
References:
Baidu encyclopedia-CSRC
References:
Baidu encyclopedia-CBRC