China Banking Regulatory Commission and China Securities Regulatory Commission are institutions directly under the State Council which are managed according to the Civil Service Law, and their salaries are higher than those of civil servants at the same level. In addition, you can get in touch with financial cases and bank executives after entering the company, with a high starting point and good prospects. The full name of the Insurance Regulatory Commission is: China Insurance Regulatory Commission. China Insurance Regulatory Commission for short. China Insurance Regulatory Commission was established on June 5438+0998+065438+ 10/8, which is a ministerial organization directly under the State Council. Perform the administrative functions authorized by the State Council, supervise and manage the national insurance market according to law, and maintain the legal and steady operation of the insurance industry.

Even though the authorization of the People's Bank of China is not clearly defined in the existing legal provisions, the Decision on Adjustment of Administrative Duties in Relevant Regulations on Institutional Reform in the State Council adopted by the National People's Congress Standing Committee (NPCSC) on April 27th, 2065438+2008 is sufficient to solve the problems of legal application and legal authority in the "transitional period". Legal documents decide. "The duties and work of the administrative organs stipulated by the existing laws shall be determined by the established administrative organs after the establishment or clear responsibilities are determined by the the State Council Institutional Reform Law. Before the relevant laws and regulations are amended or adjusted, the relevant laws and regulations shall apply, and the designated administrative organs shall assume the duties of the administrative organs; Before the relevant duties are adjusted in place, the administrative organ that undertakes the duties and work will continue to undertake it. "

In a word, the State Council's institutional reform plan involves the adjustment of the functions of financial supervision institutions, and there is no need (short-term or long-term) to modify China's current basic financial legal systems (such as the People's Bank Law, the Banking Supervision and Management Law, and the Insurance Law). The purpose of institutional reform can basically be achieved by modifying or reformulating the "three programs (functions, institutions and personnel)" of various regulatory departments. Maintain the legal and healthy operation of the banking and financial industries; China CIRC serves the national insurance market and maintains the legal and steady operation of the insurance industry.