A Study On Banking Industry Supervision In Dongguan City

Since the establishment of CBRC(China Banking Regulatory Commission) in 2003, Chinese banking industry supervision stepped into specialization. And then CBRC gradually established dispatched agencies throughout the country in accordance with the principle of territorial supervision. On February 2004, CBRC established the dispatched agencies in Dongguan city, which took responsibility for banking industry supervision in this city by the law. The supervision department in Dongguan has been protecting the steady operation of the city's banking industry, and playing an important role in the financial risk prevention not only in the single bank but also in the regional system. However, in the face of increasingly complex financial environment, the banking supervision in Dongguan not only inherits the defect of Chinese banking supervision mode, but also has its own problems. The problems restrict the implementation of the regulatory objectives, and weaken the effect of regional financial risk prevention.Based on the reality in Dongguan City, this paper analyzes the present situation of the banking supervision, and affirms it's achievement from the aspects of the organization structure, the effect of the supervision, the promotion of the supervision mode and so on. On the basis of analyzing the present situation, combining with the theory of financial supervision, this paper carries on the thorough analysis to the main problems such as the conflict of the regulatory role, the lack of coordination mechanism and the instability of the talent team. Meanwhile, starting from the supervisory approaches, this paper makes a research on the problems existing in on-site inspection and off-site supervision, which plays an important part in daily supervision. In conclusion, the banking supervision in Dongguan city needs to be further improved.In view of the above problems, this paper draws lessons from the experience of Chinese Hongkong and the United States, and puts forward the countermeasures on how to position the regulatory role, establish the municipal coordination mechanism, strengthen the regulatory team construction, improve the supervision mode an so on. It's hoped that this study could provide a reference for the banking industry supervision in Dongguan city and other grassroots unit in China.