The Core Work of the Board of Supervisors of State-owned Key Financial Institutions in China

Financial supervision?

To formulate rules, systems and measures for the supervision of banking financial institutions, draft relevant laws and administrative regulations, and put forward suggestions for formulation and revision; To examine and approve the establishment, alteration, termination and business scope of financial institutions and banking branches; On-site and off-site supervision of banking financial institutions, and investigation and punishment of illegal acts according to law; Examining the qualifications of senior managers of banking financial institutions; Responsible for the unified preparation of national bank data and statements, and in accordance with the relevant provisions of the state to be published; Put forward opinions and suggestions on emergency risk disposal of deposit-taking financial institutions in conjunction with relevant departments; Responsible for the daily management of the board of supervisors of state-owned key banking financial institutions; To undertake other tasks assigned by the State Council.