加快完善存款保险顶层设计

Core Viewpoint - The 10th anniversary of the implementation of the Deposit Insurance Regulations highlights the significant achievements and ongoing challenges in enhancing the financial safety net in China, emphasizing the need for legal elevation and improved mechanisms for risk management and early intervention [2][5][6]. Summary by Relevant Sections Financial System Stability Enhancement - The Deposit Insurance Regulations have been in effect since May 2015, establishing a financial safety net supported by prudent regulation, deposit insurance, and the central bank as the lender of last resort [2]. - Over the past decade, the deposit insurance system has effectively enhanced public confidence in the banking system, improved depositor protection, and facilitated the orderly exit of high-risk banks, thereby strengthening the overall stability of the financial system [2][4]. Deposit Insurance Fund Statistics - As of the end of 2024, there are 3,761 insured institutions in China, with a total of 373.2 billion yuan in collected premiums [3]. - The deposit insurance system has conducted risk warnings and early corrective measures for 1,600 insured institutions, showcasing its proactive approach to risk management [3]. Legal Framework and Recommendations - Experts have called for the elevation of the legal status of the Deposit Insurance Regulations, which currently function as administrative regulations, to a dedicated law to enhance its effectiveness in risk management [5][6]. - The need for a specialized deposit insurance law has been emphasized, as it would clarify the responsibilities and powers of deposit insurance institutions and improve early corrective measures [5][6]. Improvement of Deposit Insurance Mechanisms - Experts suggest that the deposit insurance system should be integrated into the central bank's operational framework to strengthen its professional risk management and early intervention capabilities [7]. - There is a call for the establishment of a more robust early corrective mechanism and a broader range of risk management tools to address new challenges in the banking sector [7][8]. Funding Sources for Deposit Insurance - The discussion at the symposium included the need to diversify the funding sources for the deposit insurance fund, drawing on international practices such as central bank loans, bond issuance, and special levies on institutions [8]. - Establishing a similar mechanism in China would enhance the liquidity and risk response capabilities of the deposit insurance fund [8].