完善早期纠正、风险处置机制

Core Viewpoint - The establishment of the deposit insurance system in China has significantly protected depositors' rights and enhanced public trust in the banking system, but there are calls for legislative improvements to address existing limitations in the current framework [1][7]. Group 1: Overview of Deposit Insurance System - The deposit insurance system has been operational since May 1, 2015, providing full protection for over 99% of depositors with a compensation limit of 500,000 yuan, which is significantly higher than the international average [1]. - The system has played a crucial role in maintaining the stability of the banking sector and has been involved in risk resolution for institutions like Baoshang Bank and Liao Yang Rural Commercial Bank [1]. Group 2: Legal and Regulatory Challenges - The current legal framework, including the People's Bank of China Law and the Banking Supervision Law, does not provide sufficient authority for the deposit insurance system, which is primarily governed by the lower-tier Deposit Insurance Regulation [2][3]. - The Deposit Insurance Regulation, established in 2015, lacks detailed provisions and has been criticized for its limited effectiveness in risk monitoring and early intervention [4][5]. Group 3: Calls for Legislative Reform - Industry experts and officials have emphasized the need for a dedicated deposit insurance law to enhance the legal standing and effectiveness of the deposit insurance system, particularly in risk prevention and resolution [6][7]. - Recent meetings, including the Central Financial Work Conference, have highlighted the importance of improving the deposit insurance framework to better manage systemic risks and enhance financial stability [7][8]. Group 4: Recommendations for Improvement - Experts suggest that a new deposit insurance law should clarify the roles and responsibilities of the deposit insurance system in risk resolution and improve the mechanisms for early intervention and risk monitoring [9]. - Establishing a robust risk monitoring and early warning system is essential for timely identification and management of risks within financial institutions [8][9].