商业银行托管业务监管办法落地！明确职责、行为“负面清单”

Core Viewpoint - The Financial Regulatory Bureau has officially released the "Supervision and Management Measures for Custody Business of Commercial Banks (Trial)", which clarifies the concept and basic principles of custody business, requiring banks to establish governance structures and management systems for custody services, effective from February 1, 2026, with a three-year transition period for existing businesses [1]. Group 1: Regulatory Framework - The new measures aim to strengthen baseline requirements and refine management standards for key aspects of custody services, promoting transparency and risk management while enhancing service capabilities [2]. - The measures specify that commercial banks can provide various services such as account opening, asset custody, settlement, accounting, asset valuation, information disclosure, and investment supervision based on legal regulations and custody contracts [2]. Group 2: Risk Management and Responsibilities - The measures introduce a negative list to clarify responsibilities and prevent excessive risk-taking by banks, particularly when dealing with non-standard assets [3]. - Banks are prohibited from assuming credit and market risks of custody products, providing guarantees, or engaging in liquidity support for custody products [4]. Group 3: Compliance and Internal Management - The measures emphasize the need for banks to establish a robust risk management system, ensuring the independence of custody operations and enhancing due diligence on custody products and partners [5]. - Ongoing supervision by the Financial Regulatory Bureau will include compliance and prudence of custody business as part of regulatory ratings, promoting high-quality development of custody services [5].