Every hot review 丨 strengthen system importance bank supervision can start from three aspects

A few days ago, the Central Bank and the China Banking Regulatory Commission jointly released the list of important banks in my country in 2022. 19 banks were selected, of which there were 6 commercial banks, 9 joint -stock commercial banks, and 4 urban commercial banks. Adjust.

The list of importance to the system means that the "burden" on the body is heavier. It needs to accept more stringent regulatory requirements and bear more responsibilities in maintaining financial stability. And this is also determined by its pivotal position in my country's financial system. The system importance banks are large in scale, high business complexity, strong correlation with other financial institutions, and provides key services in the financial system. Once risk events occur, they often "move and move the whole body", affecting the overall stability of the financial system.

During the global financial crisis in 2008, large financial institutions such as Lehman brothers were in trouble and even bankruptcy, which exacerbated the deterioration and spread of the financial crisis. It also allowed the global financial system to deeply reflect on the lessons of the crisis and attach importance to the risk of preventing "big but not down". In 2011, the Basel Bank Supervisory Committee proposed the global systemic bank evaluation method and standards for the first time. While regulating the global importance banks, the G20 countries are also exploring the establishment of a domestic system important bank regulatory system.

At present, the regulatory framework of my country's systematic banks is gradually improved, which clearly clarifies regulatory requirements from the aspects of additional regulatory requirements, recovery and disposal plans, and prudent supervision. Among them, the additional capital requirements that have attracted market attention have further played the guidance and constraints of capital's business development, prompting banks to improve capital use efficiency and prevent blind expansion. In the short term, because the selected system importance banks meet the additional capital requirements, do not need to replenish capital immediately, and will not affect the capacity of credit. Helps improve the stability of the overall financial system.

It is worth mentioning that with the increasing integration of finance and technology in recent years, commercial banks have added digital transformation to form a new service model such as finance, opening banks, and platform banking. It has also changed than ever.

For example, business models such as service scenarios and online transactions bring together a large amount of sensitive data, and data security protection has put forward higher requirements for banks' software and hardware. As far as technology is concerned, on the one hand, the incompleteness of technology itself may cause the bank system failure. On the other hand, the negligence operation or intentional manipulation of the relevant designers and operators may also cause business systems to get out of control or even collapse. In addition, external impacts such as cyber attacks may also bring huge threats such as data theft and information leakage. Once these problems are exposed, the relevant risks may be further transformed and transmitted along the related network between market participants, thereby deepening the risk exposure of the entire financial system.

In view of the "cockpit stone" of my country's banking industry, the banking industry should pay more attention to the monitoring and prevention of such risks in the process of implementing supervision and build a financial security line. The author believes that you can further strengthen supervision from the following aspects:

First, timely refine and improve the regulatory framework. Financial technology prosperity promotes the continuous emergence of bank innovation business, but at the same time, risks are more complex and changeable. On the basis of closely monitoring the changes in the financial business model, the corresponding standardized regulatory rules and standards should be established, so that regulatory regulations can follow, and bank institutions continue to improve the risk isolation mechanism based on this.

Second, innovate supervision technical means. Give full play to the advantages of big data, artificial intelligence and other technologies in the application of financial supervision, improve the automation and real -time level of supervision, and properly do systemic financial risk identification, monitoring, and early warning.

Third, due to the rapid spread of digital information and wide connection, the regulatory authorities need to strengthen coordinated cooperation with other public service departments in the process of implementing supervision to break the barriers of information, thereby effectively improving regulatory efficiency.

Daily Economic News

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