商业银行托管业务监管办法落地，明确负面清单

Core Viewpoint - The article discusses the implementation of the "Supervision and Administration Measures for Custody Business of Commercial Banks (Trial)" by the Financial Regulatory Bureau, which aims to clarify the concept and basic principles of custody business, enhance governance structures, and establish management systems for commercial banks [1][3]. Group 1: Regulatory Framework - The new regulations will take effect on February 1, 2026, with a three-year transition period for existing businesses that do not meet the requirements [1]. - The measures emphasize the need for commercial banks to provide appropriate custody services based on their capabilities and service levels, and to strengthen internal governance and risk management [3][8]. Group 2: Custody Business Definition and Scope - Custody refers to the act of commercial banks providing asset safekeeping and related services as an independent third party for various financial products and investment portfolios [3]. - The article highlights the growing scale and diversity of custody services offered by commercial banks, including for wealth management products, trust funds, and pension funds [3]. Group 3: Risk Management and Responsibilities - The measures introduce a negative list to clarify prohibited responsibilities and behaviors for commercial banks, including the prohibition of assuming credit and market risks for custody products [6]. - Commercial banks are required to conduct thorough assessments of their capabilities and the risks associated with non-standard assets before providing custody services [5][6]. Group 4: Internal Management and Compliance - The regulations outline internal management requirements for custody business, including establishing a robust risk management system and ensuring the independence of custody operations [8]. - Continuous supervision by the Financial Regulatory Bureau will focus on the compliance and prudence of custody business, which will be included in regulatory ratings [8].