Core Viewpoint - The State Council's executive meeting has approved the draft revision of the Banking Supervision Law, which will be submitted to the National People's Congress for review, emphasizing the importance of banking stability for the overall financial system and public asset security [1][2]. Group 1: Legislative Changes - The current Banking Supervision Law was implemented in February 2004 and modified in 2006, but recent developments in the banking sector have rendered some provisions outdated [1]. - The revision aims to address regulatory gaps and enhance regulatory effectiveness, particularly in light of the growing scale and complexity of banking institutions [2]. Group 2: Financial Stability and Risk Management - As of the end of Q2 this year, the total assets of China's banking institutions reached 467.3 trillion yuan, highlighting the sector's significant growth [1]. - The meeting stressed the need for improved management systems to combat illegal financial activities and protect consumer rights, thereby promoting a healthy banking environment [1].
国务院常务会议解读 | 我国拟修法完善银行业监督管理
Xin Hua She·2025-09-19 19:15