In terms of corporate governance, we should improve and perfect the "three meetings and one layer" governance structure and effective incentive and compatible operating mechanism on the basis of consolidating the achievements of shareholding system reform in the past decade. At the same time, actively improve performance evaluation methods, guide the establishment of a correct concept of political achievements and development, and gradually reverse the blind expansion inertia thinking of pursuing high-scale growth, high performance indicators and high profit growth.
In terms of business governance, on the basis of consolidating the separation mechanism between the front, middle and back offices, we will promote the reform of branch system, line division system, franchise department system and subsidiary system according to different business characteristics. The branch system reform refers to the traditional banking services such as deposits and loans, which are managed by branches at all levels according to the principle of authorized operation, and independently carry out business within their respective authority. The reform of business division system refers to business products with high requirements for design, development and operation management, such as credit cards, wealth management and private banks, which involve a wide range of marketing. The business department of the head office designs products in a unified way, while other departments and branches are only responsible for product sales. The reform of franchise department system refers to the establishment of franchise departments by the company headquarters for businesses with strong professionalism in daily operations such as peers and investment, which are not suitable for decentralized operations, and other departments and branches no longer operate. The reform of subsidiary system refers to the establishment of subsidiaries for non-bank financial services such as trust and leasing operated by banks, independent operation and independent accounting, and strict establishment of "firewall".
In terms of risk management, on the basis of consolidating and strengthening the credit risk control mechanism, in view of the objective reality of the rapid development of off-balance sheet business, the obvious trend of group operation and the accelerated pace of "going global", we will promote the comprehensive risk management of off-balance sheet business groups, domestic and foreign currencies, and parent and subsidiary companies, establish an all-round graded capital occupation and risk provision system covering non-credit and off-balance sheet assets in accordance with the principle that substance is more important than form, strengthen the main responsibility of group risk management, and further clarify the responsibilities of regulatory agencies.
In terms of industry governance, on the basis of consolidating the construction of self-discipline mechanism of industry associations, we will focus on strengthening the functions of service and mutual assistance. On the one hand, we should speed up the construction of trade associations according to the actual development of banks. On the other hand, it is necessary to speed up the construction of infrastructure such as related product registration information system through industry associations, so as to lay the foundation for improving information transparency and strengthening market supervision. According to the requirements of risk prevention and control, we should take the opportunity to promote the construction of mechanisms such as industry mutual funds, and further build and improve the self-help defense line to maintain industry stability.