What are the supervision departments of financial institutions in China?

China's current financial supervision structure is "one line, three meetings". "One line" refers to the People's Bank of China. The "three meetings" are the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, which are respectively responsible for the supervision of the three major markets of banking, securities and insurance.

1, People's Bank of China, responsible for monetary policy.

2. China Banking Regulatory Commission (hereinafter referred to as CBRC) shall exercise unified supervision and management over banks, financial asset management companies, trust and investment companies and other deposit-taking financial institutions.

3, China Securities Regulatory Commission, responsible for the centralized and unified supervision of the national securities and futures industry.

4 China CIRC is responsible for the unified supervision and management of the national insurance market.

Extended data:

Financial supervision system is the way and organizational system of division of responsibilities and power distribution in financial supervision. The main international financial supervision systems can be divided into two-line multi-head supervision system, first-line multi-head supervision system and single supervision system.

Financial supervision system is the product of the history and national conditions of various countries. The basic principles of establishing supervision system model are: improving supervision efficiency and avoiding excessive overlapping and mutual restriction of responsibilities; Pay attention to the mutual restriction of power and avoid excessive concentration of power.

In the case that the supervision power is relatively concentrated in one supervision subject, scientific and reasonable internal power division and responsibility division must be implemented to ensure the correct exercise of supervision power.

References:

Baidu Encyclopedia-Supervision System of Financial Institutions in China