商业银行迎重磅监管新规

Core Viewpoint - The Financial Regulatory Bureau has revised the "Guidelines for Market Risk Management of Commercial Banks" and released the "Measures for Market Risk Management of Commercial Banks," aiming to enhance capital supervision and standardize business operations, thereby improving market risk management levels in commercial banks [1][2]. Summary by Relevant Sections Market Risk Definition and Scope - Market risk is defined as the risk of loss due to adverse changes in market prices (interest rates, exchange rates, stock prices, and commodity prices) affecting both on-balance-sheet and off-balance-sheet operations of commercial banks [2][4]. - The new measures clarify that market risk no longer includes interest rate risk related to the banking book, focusing instead on risks arising from adverse movements in market prices [4]. Responsibilities and Governance - The board of directors, supervisory board, and senior management of commercial banks have clearly defined responsibilities for market risk management, with the board bearing ultimate responsibility [6]. - The supervisory board is tasked with overseeing the board and senior management's performance in risk management, while senior management is responsible for implementing market risk management practices [6]. Enhanced Risk Management Requirements - The new measures require banks to adopt a comprehensive approach to market risk management, detailing requirements for risk identification, measurement, monitoring, control, and reporting [1][3]. - Banks are encouraged to refine their governance structures and policies, enhance their data systems, and strengthen internal controls and audits to improve the precision of market risk management [3]. Internal Control and Audit - The internal audit department is required to conduct independent reviews of the market risk management system at least annually, ensuring its accuracy, reliability, and effectiveness [6].