China Banking Regulatory Commission (hereinafter referred to as: China Banking Regulatory Commission or CBRC; ) was established on April 25th, 2003, and is a ministerial organization directly under the State Council. According to the authorization of the State Council, we shall uniformly supervise and manage banks, financial asset management companies, trust and investment companies and other deposit-taking financial institutions, and safeguard the lawful and steady operation of the banking industry.
China Securities Regulatory Commission is a ministerial-level institution directly under the State Council. According to laws and regulations and the authorization of the State Council, it uniformly supervises and manages the national securities and futures market, maintains the order of the securities and futures market, and ensures its legal operation.
Institutions refer to social service organizations established by the government using state-owned assets to engage in education, science and technology, culture, health and other activities. Institutions accept the leadership of the government and are legal entities in the form of organizations or institutions.
Institutions are generally public welfare institutions established by the state, but they are not government agencies and are different from civil servants.
The obvious feature of public institutions is the ending of words such as center, conference, institute, station, team, hospital, agency, Taiwan, palace and museum, such as accounting center, health supervision office, judicial office, China Banking Regulatory Commission, China Insurance Regulatory Commission, quality supervision station and safety production supervision brigade.
Extended data
I. The main responsibilities of China Banking Regulatory Commission at the beginning of its establishment are:
1. Formulate rules, regulations and measures for the supervision of banking financial institutions; Draft relevant laws and administrative regulations, and put forward suggestions for formulation and revision.
2. To examine and approve the establishment, alteration, termination and business scope of banking financial institutions and their branches.
3. Conduct on-site and off-site supervision of banking financial institutions, and investigate and deal with illegal acts according to law.
4. Review the qualifications of senior managers of banking financial institutions.
5, responsible for the unified preparation of national banking financial institutions data and statements, copied to the People's Bank of China, and published in accordance with the relevant provisions of the state.
6, in conjunction with the Ministry of Finance, the people's Bank and other departments to put forward opinions and suggestions on the sudden risk disposal of deposit financial institutions.
7, responsible for the daily management of the board of supervisors of state-owned key banking financial institutions.
8. To undertake other tasks assigned by the State Council.
Two. Functions of China Securities Regulatory Commission:
1, to study and formulate guidelines, policies and development plans for the securities and futures market; Draft relevant laws and regulations on the securities and futures market, and put forward suggestions for formulation and revision; Formulate laws, regulations and measures for the supervision of securities and futures markets.
2, vertical leadership of the national securities and futures regulatory agencies, the securities and futures market to implement centralized and unified supervision; Manage the leading bodies and members of relevant securities companies.
3. Supervise the issuance, listing, trading, custody and settlement of stocks, convertible bonds, bonds of securities companies and other securities recognized by the the State Council Securities Regulatory Commission; Supervise the activities of securities investment funds; Approve the listing of corporate bonds; Supervise the trading activities of listed government bonds and corporate bonds.
4. Supervise the securities market behavior of listed companies and their shareholders who must fulfill relevant obligations according to law.
5. Supervise the listing, trading and settlement of domestic futures contracts; Supervise domestic institutions to engage in overseas futures business according to regulations.
6. Managing securities and futures exchanges; Senior managers in charge of securities and futures exchanges according to regulations; Centralized management of securities industry and futures industry associations.
7. Supervise securities and futures operating institutions, securities investment fund management companies, securities registration and settlement companies, futures settlement institutions, securities and futures investment consulting institutions and securities credit rating agencies;
Examining and approving the qualifications of fund custody institutions and supervising the fund custody business; To formulate measures for the administration of the qualifications of senior managers of relevant institutions and organize their implementation; Guide China Securities Industry and Futures Industry Association to carry out qualification management of securities and futures practitioners.
8. Supervise domestic enterprises to directly or indirectly issue shares and list overseas, and overseas listed companies to issue convertible bonds overseas; Supervise domestic securities and futures institutions to set up securities and futures institutions overseas; Supervise overseas institutions to set up securities and futures institutions and engage in securities and futures business in China.
9, supervision of securities and futures information dissemination activities, responsible for securities and futures market statistics and information resources management.
10. Examine and approve the qualifications of accounting firms, asset appraisal institutions and their members to engage in securities and futures intermediary business together with relevant departments, and supervise the activities of law firms, lawyers and qualified accounting firms, asset appraisal institutions and their members to engage in securities and futures-related business.
1 1. Investigate and deal with securities and futures violations according to law.
12, foreign exchange centralized management and international cooperation in securities and futures industry.
13, to undertake other tasks assigned by the State Council. ? [2]?
reference data
Baidu encyclopedia-organization
Baidu encyclopedia-CBRC
Baidu encyclopedia-CSRC