The Analysis Of The CBRC's Administrative Position

Since 1984,the People's Bank has been devoted to exercise the functions of the central bank, the supervision of banks at all levels is an important function of the People's Bank,Banking regulators began to move toward standardization and legalization of the track.In the institution aspects of supervision of the bank which has been made positive progress,and to better ensure the authority and effectiveness of banking supervision.China Banking Regulatory Commission (referred to as the CBRC) on April 28,2003 was formally established.The newly established People's Bank of China Banking Regulatory Commission will carry out their duties and promote each other, ensuring that financial institutions safe, sound and efficient operation.China Banking Regulatory Commission and institutions directly under the State Council,which will be based on authority, unified supervision and management of banking,asset management companies,trust investment companies and other deposit-taking financial institutions.CBRC should bear the main and direct banking supervision, otherwise we lose the significance of the establishement of the CBRC should be;The People's Bank's regulatory functions should be complementary and indirect,limited to the same monetary policy and closedly related areas of risk control systems.Peopie's Bank of China Banking Regulatory Commission,and based on this basic position,China Banking Regulatory Commission shall be primarily responsible for banking institutions and banking institutions and financial markets,compliance,prudential regulation,Including the development of bank management regulations,approved banking institutions and their business scope and variety,control of specific banking institutions of the liquidity risk,as well as financial administrative penalties for violations;The People's Bank shall be responsible for the preparation od financial institutions risk management principles,criteria and procedures,Formulate corresponding regulations as the basis for the CBRC,while fulfilling its information advantage,in the information disclosure regulation,play a fundamental role.This paper is divided into four parts, The first part introduces the history of China's banking supervision of the main changes in three phases:first,a planned economy to standardize the monitoring period (1948-1978).second, the PBC monitoring period(1978-1992).third,sud-sector reguolatory period(since 1992),which are divided into separate supervision of embryonic period and the period of relatively mature.The second part,starting from the sources of law,discusses the China Banking Regulatory Commission's administrative functions and their manifestations.The third part, discussesing the analysis of the exercise of CBRC's administrative authority.Finally, discussesing to protect and bring into the position of CBRC's administrative body position...