Administrative Measures for the Liquidity Risk of Commercial Banks
Administrative Measures for the Liquidity Risk of Commercial Banks
Administrative Measures for the Liquidity Risk of Commercial Banks
Order of the China Banking and Insurance Regulatory Commission [2018] No.3
May 23, 2018
The Administrative Measures for the Liquidity Risk of Commercial Banks, which were adopted at the 15th chairman's meeting of the former China Banking Regulatory Commission in 2017, are hereby promulgated and shall come into force as of July 1, 2018.
Chairman, Guo Shuqing
Administrative Measures for the Liquidity Risk of Commercial Banks
Chapter I General Provisions
Article 1 For the purposes of strengthening the administration of the liquidity risk of commercial banks and maintaining the safe and steady operation of the banking system, the Administrative Measures for the Liquidity Risk of Commercial Banks (Revised Draft for Comment) (hereinafter referred to as the "Measures") are hereby formulated in accordance with the Banking Regulation Law of the People's Bank of China, the Law of the People's Republic of China on Commercial Banks, Administrative Regulations of the People's Republic of China on Foreign-invested Banks and other relevant laws and regulations.
Article 2 The Measures apply to commercial banks established within the territory of the People's Republic of China according to law.
Article 3 For the purpose of the Measures, the liquidity risk refers to the risk that a commercial bank is unable to obtain adequate funds at a reasonable cost in time to repay the matured debts, fulfill other payment obligations or meet other fund demands for normal business operation.
Article 4 Commercial banks shall, in accordance with the Measures, establish and perfect their liquidity risk management systems, and effectively identify, measure, monitor and control the liquidity risk of legal persons, groups, subsidiaries, branches and business lines, in a bid to ensure that their liquidity demand can be satisfied at a reasonable cost in time.
Article 5 The banking regulatory institution shall be responsible for the supervision and administration of the liquidity risk and liquidity risk management systems of commercial banks in accordance with the law.
Chapter II Liquidity Risk Management
Article 6 Commercial banks shall establish liquidity risk management systems in line with their business scale, nature and complexity at the level of legal persons and groups.
The liquidity risk management system shall cover the following basic elements:
1.
......
Order of the China Banking and Insurance Regulatory Commission [2018] No.3
May 23, 2018
The Administrative Measures for the Liquidity Risk of Commercial Banks, which were adopted at the 15th chairman's meeting of the former China Banking Regulatory Commission in 2017, are hereby promulgated and shall come into force as of July 1, 2018.
Chairman, Guo Shuqing
Administrative Measures for the Liquidity Risk of Commercial Banks
Chapter I General Provisions
Article 1 For the purposes of strengthening the administration of the liquidity risk of commercial banks and maintaining the safe and steady operation of the banking system, the Administrative Measures for the Liquidity Risk of Commercial Banks (Revised Draft for Comment) (hereinafter referred to as the "Measures") are hereby formulated in accordance with the Banking Regulation Law of the People's Bank of China, the Law of the People's Republic of China on Commercial Banks, Administrative Regulations of the People's Republic of China on Foreign-invested Banks and other relevant laws and regulations.
Article 2 The Measures apply to commercial banks established within the territory of the People's Republic of China according to law.
Article 3 For the purpose of the Measures, the liquidity risk refers to the risk that a commercial bank is unable to obtain adequate funds at a reasonable cost in time to repay the matured debts, fulfill other payment obligations or meet other fund demands for normal business operation.
Article 4 Commercial banks shall, in accordance with the Measures, establish and perfect their liquidity risk management systems, and effectively identify, measure, monitor and control the liquidity risk of legal persons, groups, subsidiaries, branches and business lines, in a bid to ensure that their liquidity demand can be satisfied at a reasonable cost in time.
Article 5 The banking regulatory institution shall be responsible for the supervision and administration of the liquidity risk and liquidity risk management systems of commercial banks in accordance with the law.
Chapter II Liquidity Risk Management
Article 6 Commercial banks shall establish liquidity risk management systems in line with their business scale, nature and complexity at the level of legal persons and groups.
The liquidity risk management system shall cover the following basic elements:
1.
......