化解中小金融机构风险 官方要求守住不“爆雷”底线

Core Viewpoint - The National Financial Supervision Administration emphasizes the need to effectively manage risks in small and medium-sized financial institutions, focusing on resolving existing risks and preventing new ones, while maintaining a "no explosion" bottom line [1][2]. Group 1: Existing Risks - Existing risks in small and medium-sized financial institutions are primarily concentrated in four areas: non-performing assets, capital strength, corporate governance, and regional concentration [1]. - The quality of assets is a significant concern, particularly due to rising non-performing loan rates in real estate and local government financing, as well as increased default pressures on retail loans to small and micro enterprises [3][4]. - Issues such as complex ownership structures and weak internal controls exacerbate the risks, especially in economically underdeveloped regions [4]. Group 2: Potential Incremental Risks - Incremental risks are identified in three main areas: rough operating models, changes in the external environment, and moral hazards [1][5]. - Some institutions may engage in high-risk business practices or expand into complex financial derivatives due to pressure from narrowing interest margins [5]. - The ongoing low-interest-rate environment and structural disparities in economic recovery could lead to new credit risks, while competition from larger banks may force smaller institutions to lower risk standards [5]. Group 3: Regulatory Progress and Future Directions - The Financial Supervision Administration has made significant progress in risk management for small and medium-sized financial institutions, with a notable reduction in the number and scale of high-risk institutions [2]. - Future work will focus on a structured approach to risk resolution, emphasizing the responsibilities of various stakeholders and the establishment of a normalized risk disposal mechanism [2]. - The administration aims to enhance regulatory measures to prevent the accumulation of new risks through early correction mechanisms and strict enforcement against illegal activities [5].