商业银行托管业务迎监管新规

Core Viewpoint - The introduction of the "Supervision and Management Measures for Custody Business of Commercial Banks (Trial)" aims to strengthen the supervision and management of custody business in commercial banks, promoting standardized and healthy development in this sector [1][2]. Group 1: Key Provisions of the Measures - The Measures consist of five chapters and 49 articles, clarifying the concept and basic principles of custody business, detailing the responsibilities of custodians, and establishing management requirements [1]. - It emphasizes the need for a robust governance structure and outlines the supervisory responsibilities of regulatory authorities regarding custody business [1]. - The Measures also specify transitional provisions for implementation, ensuring a clear framework for commercial banks to follow [1]. Group 2: Importance and Implications - The Measures address the regulatory shortcomings in the custody business of domestic commercial banks, highlighting the importance of clearly defining roles and responsibilities [2]. - It aims to prevent the transfer of risks from custody products to the banks themselves, thereby enhancing financial stability [2]. - By prohibiting certain actions such as providing guarantees or engaging in investment decision-making, the Measures create a clear boundary between custodial duties and other financial responsibilities [3]. Group 3: Market Impact - The implementation of the Measures is expected to shift the competitive landscape, moving away from implicit guarantees towards a focus on asset safety, operational efficiency, and transparency [3]. - This transition will encourage banks to enhance their professional service capabilities rather than relying on channel dependencies [3].