Bei Jing Shang Bao·2025-09-11 14:03Core Insights - The 2025 Service Trade Fair in Beijing focuses on financial services with the theme "Digital Intelligence Drives Open Win-Win" [1] - The increasing global stability challenges necessitate enhanced market risk management capabilities for financial institutions and enterprises [1] Regulatory Framework - The National Financial Regulatory Administration released the "Market Risk Management Measures for Commercial Banks," consisting of five chapters and forty-three articles, aimed at improving market risk governance and management [3] - The new measures emphasize the importance of regulatory policy coordination and refined management to enhance banks' resilience against market fluctuations compared to the guidelines from 20 years ago [3] Recommendations for Banks - Banks should implement principal responsibility and enhance market risk management awareness, recognizing the significant impact of market risks on their operations [4] - A refined measurement system is essential, focusing on risks from adverse changes in interest rates, exchange rates, stock prices, and commodity prices, while improving risk measurement capabilities and data quality [4] - Increased resource investment is necessary to build specialized market risk management teams, enhancing understanding of complex financial products and international market rules [5] - Banks should adopt a customer-centric approach to improve product management capabilities, ensuring appropriate product offerings align with customer needs and enhancing risk management practices [5]