Beijing Business DailyOn January 10, according to the WeChat news of the State Administration of Financial Supervision and Administration, in order to promote the high-quality development of large banks to a new level, in terms of firmly guarding the bottom line of no systemic financial risks, the Department of Large Banks of the State Administration of Financial Supervision said that it would improve the risk resilience of large commercial banks. Focus on the two "bull's noses" of capital supervision and liquidity supervision. Urge policy banks to improve the accuracy of risk and capital measurement, guide large commercial banks to steadily and prudently promote the implementation of the new capital regulations, improve the degree of refinement of comprehensive risk management, and strengthen capital planning and management. Strengthen the research on the characteristics of financial markets and behaviors in the context of digitalization, formulate response plans in advance, and improve the timeliness of liquidity management under stress situations.
At the same time, we will strengthen risk prevention and control in key areas. Urge large banks to continue to prevent and resolve real estate risks, and do a good job in the implementation of supporting measures for the "three major projects" such as affordable housing, so as to help build a new model of real estate development. Actively and prudently cooperate with the resolution of local debt risks, and support the risk disposal of small and medium-sized financial institutions. We will continue to do a good job in risk prevention and control of large enterprise groups in a forward-looking manner.
Second, effectively prevent and resolve risks in new fields. Urge large banks to improve the quality and efficiency of group consolidated management and strengthen the management of subsidiaries. Strengthen the internal control and compliance management of overseas institutions to maintain the security of overseas assets. Forward-looking research and analysis of international and domestic financial market trends to prevent risks from transmitting resonance across regions, markets and borders. Strengthen data governance and improve the resilience of information technology systems.
In addition, the formation of the "five major supervision" joint force. Maintain the main responsibilities and main business of institutional supervision, strictly admit, and promote large banks to optimize their institutional and business layout. Classified management, continue to implement high-risk and high-intensity supervision, low-risk and low-intensity supervision. Promote capabilities, strengthen the use of regulatory technology, improve the ability to see the "table" and "account" in a penetrating way, and achieve early identification, early warning, early exposure, and early disposal of risks. Strengthen coordination, strengthen coordination with functional supervision and behavior supervision departments, prevent regulatory arbitrage and regulatory vacuum, and standardize the order of the financial market.