China Banking and Insurance Regulatory Commission
E458017
The China Banking and Insurance Regulatory Commission was the Chinese government agency responsible for supervising and regulating the country’s banking and insurance sectors until its functions were merged into a new financial regulator in 2023.
All labels observed (2)
| Label | Occurrences |
|---|---|
| China Banking and Insurance Regulatory Commission canonical | 6 |
| China Banking and Insurance Regulatory Commission or its successor agencies | 1 |
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
financial regulatory authority
ⓘ
government agency ⓘ |
| country | China ⓘ |
| dateDissolved | 2023-05 ⓘ |
| dateFormed | 2018-04-08 ⓘ |
| dissolutionReason | functions merged into new national financial regulator ⓘ |
| formedBy | merger of China Banking Regulatory Commission and China Insurance Regulatory Commission ⓘ |
| governingLaw |
laws of the People's Republic of China on banking
ⓘ
laws of the People's Republic of China on insurance ⓘ |
| headquartersCountry | China NERFINISHED ⓘ |
| headquartersLocation | Beijing ⓘ |
| jurisdiction | People's Republic of China NERFINISHED ⓘ |
| languageOfWork | Chinese ⓘ |
| legalStatus | ministerial-level agency ⓘ |
| locatedInTimeZone | China Standard Time ⓘ |
| nativeName | 中国银行保险监督管理委员会 ⓘ |
| nativeNameLanguage | zh ⓘ |
| oversightScope |
commercial banks
ⓘ
financial asset management companies ⓘ insurance companies ⓘ insurance intermediaries ⓘ policy banks ⓘ trust companies ⓘ |
| parentOrganization | State Council of the People's Republic of China NERFINISHED ⓘ |
| primaryFunction |
regulation of financial stability in banking and insurance sectors
ⓘ
supervision of banking institutions ⓘ supervision of insurance institutions ⓘ |
| regulatoryApproach |
macroprudential supervision
ⓘ
microprudential supervision ⓘ |
| replaced |
China Banking Regulatory Commission
NERFINISHED
ⓘ
China Insurance Regulatory Commission NERFINISHED ⓘ |
| responsibility |
consumer protection in banking and insurance
ⓘ
enforcement of banking regulations ⓘ enforcement of insurance regulations ⓘ licensing of banking institutions ⓘ licensing of insurance institutions ⓘ prudential regulation of banks ⓘ prudential regulation of insurers ⓘ risk management oversight of financial institutions ⓘ |
| sectorRegulated |
banking
ⓘ
insurance ⓘ non‑bank financial institutions ⓘ |
| shortName | CBIRC NERFINISHED ⓘ |
| subordinateTo | State Council of the People's Republic of China NERFINISHED ⓘ |
| supersededBy | National Administration of Financial Regulation NERFINISHED ⓘ |
| supervisoryObjective |
maintain safety and soundness of banking system
ⓘ
maintain safety and soundness of insurance system ⓘ prevent systemic financial risks ⓘ protect financial consumers ⓘ |
| websiteLanguage | Chinese ⓘ |
Referenced by (7)
Full triples — surface form annotated when it differs from this entity's canonical label.
Hubei Provincial Local Financial Supervision and Administration Bureau
→
cooperatesWith
→
China Banking and Insurance Regulatory Commission
ⓘ
this entity surface form:
China Banking and Insurance Regulatory Commission or its successor agencies
China Securities Regulatory Commission
→
collaboratesWith
→
China Banking and Insurance Regulatory Commission
ⓘ