金融稳定法草案征求意见稿公布 建立金融稳定保障基金 由国务院金融委统筹管理

Core Points - The People's Bank of China has initiated a public consultation on the draft Financial Stability Law, which aims to establish a financial stability guarantee fund managed by the State Council Financial Committee to serve as a backup for major financial risk management [1][3] - The draft law emphasizes the need for a long-term mechanism to maintain financial stability, ensuring that financial institutions, markets, and infrastructure can effectively function and resist risks, thereby preventing localized risks from escalating into systemic crises [2][3] Group 1: Financial Stability Mechanism - The draft law aims to enhance the legal framework for financial stability, addressing the current lack of comprehensive design and coordination across various financial sectors [2][4] - It proposes that no entity or individual may establish financial institutions or engage in financial activities without approval, reinforcing the responsibility of financial institutions to operate prudently and within their authorized scope [4][5] Group 2: Financial Stability Guarantee Fund - The draft law establishes a financial stability guarantee fund, which will be composed of funds raised from financial institutions and other sources, managed by the State Council Financial Committee to address significant financial risks [5] - The fund is designed to operate alongside existing deposit insurance and industry protection funds, thereby strengthening the overall financial safety net in China [5]