中国人民银行行长潘功胜：强化金融稳定的法治保障

Core Viewpoint - The article emphasizes the need to construct a scientific and robust monetary policy system and a comprehensive macro-prudential management system in China, aligning with the spirit of the 20th National Congress of the Communist Party of China [1] Group 1: Monetary Policy System - The construction of a scientific and robust monetary policy system requires optimizing the mechanism for basic currency issuance and monetary policy intermediaries to maintain reasonable growth in total financial volume [1] - It is essential to improve the market-oriented interest rate formation, regulation, and transmission mechanisms [1] - A structural monetary policy tool system needs to be enhanced continuously [1] - The mechanism for the formation of the Renminbi exchange rate should be improved [1] - Continuous efforts are needed to ensure the smooth transmission of monetary policy [1] Group 2: Macro-Prudential Management System - Key tasks for building a comprehensive macro-prudential management system include strengthening the monitoring and assessment of systemic financial risks [1] - Comprehensive risk prevention measures in key areas must be effectively implemented [1] - The toolbox for macro-prudential management policies should be enriched [1] - A financial stability guarantee system needs to be established [1] - Financial security capabilities should be enhanced in line with the level of openness [1] Group 3: Financial Stability Guarantee System - Strengthening corporate governance and risk management of financial institutions is crucial, along with enhancing daily supervision to build a solid first line of defense against financial risks [2] - Coordination among macro-prudential management, micro-prudential regulation, and behavioral supervision is necessary to form a synergistic effect [2] - A mechanism for early correction of financial risks with hard constraints should be reinforced, along with the specialized risk disposal functions of deposit insurance [2] - The roles of industry guarantee funds, financial stability guarantee funds, and the central bank as the lender of last resort should be effectively utilized, with a focus on preventing moral hazards [2] - Legal safeguards for financial stability should be strengthened, and the drafting and revision of financial laws, the People's Bank of China Law, and financial stability laws should be accelerated [2]