The Measures for the Administration of Senior Executives' Qualifications in China Banking and Insurance Regulatory Commission stipulates the qualifications and procedures of senior executives, including qualification examination, filing and publicity. This method aims to standardize the behavior of senior executives in financial institutions and improve the ability of financial risk prevention and control.

According to the Banking Supervision Law of the People's Republic of China and the Insurance Law of People's Republic of China (PRC), the Measures for the Administration of the Qualifications of Senior Managers of Bank Insurance Supervisors were formulated and came into effect on February 1 2065438. This method mainly regulates the management of senior executives of commercial banks, securities companies, trust companies, insurance companies and other financial institutions. The Measures stipulate the qualifications and procedures of senior managers, including: candidates for senior managers must meet the qualifications of relevant laws, regulations and regulatory requirements; Require all financial institutions to submit applications for the appointment of senior managers to the CBRC and provide relevant materials; China Banking Regulatory Commission shall, jointly with relevant departments, examine the application materials of senior executives; The appointment of senior executives who have passed the assessment needs to be reported for the record, and the record results should be publicized. The implementation of these Measures aims to standardize the post-holding behavior of senior executives of financial institutions and improve the ability of financial risk prevention and control. At the same time, it is also helpful to improve the internal governance and management level of financial institutions and ensure the stability and security of financial markets.

Which financial institutions are applicable to the Measures for the Administration of the Qualifications of Senior Executives in China Banking and Insurance Regulatory Commission? The Measures for the Administration of the Qualifications of Senior Executives of the Banking Insurance Regulatory Commission are applicable to the management of senior executives of commercial banks, securities companies, futures companies, fund management companies, trust companies, insurance companies and other financial institutions approved by the China Banking Regulatory Commission. Among them, commercial banks are one of the important contents, which have attracted more attention because they directly involve the universality of financial services for citizens and the importance of economic development.

The implementation of the Measures for the Administration of the Qualifications of Senior Managers of Bank Insurance Supervision will help to standardize the behaviors of senior managers of financial institutions, improve their professional level and management ability, enhance their ability to guard against financial risks, and further promote the healthy and stable development of financial markets. All financial institutions should actively cooperate with the supervision work of relevant departments, implement the senior management system, and make positive contributions to the development of the industry.

Legal basis:

Measures for the Administration of Qualifications of Senior Managers of Banking Insurance Regulatory Commission Article 16 A financial institution that dispatches or appoints a senior manager as a senior manager of a subsidiary at the same level or below shall report it according to law and report it to China Banking Regulatory Commission for the record.