China News Agency, Beijing, June 4th (Reporter Wang Enbo) China's battle to prevent and resolve major financial risks has entered the final year, and the sudden epidemic has brought new challenges. A spokesman for the China Banking Regulatory Commission said on the 4th that it will resolutely curb the rebound of various risks and properly handle and respond to emerging problems and challenges. Specifically, the official will focus on six key tasks.
Effectively respond to the rebound of banks' non-performing assets. Resolutely control various acts of whitewashing reports, and urge banks to make solid asset classification, real bad exposure, and make full provision. Unblock non-performing assets such as write-off of non-performing assets, bulk transfers, and disposal of debt assets, and guide banks to increase non-performing disposal in various ways.
Replenish the capital of small and medium banks through various channels. Encourage the introduction of investors in a market-oriented manner, including foreign capital and private enterprises, and encourage mergers, reorganizations and equity investments in accordance with the law. Actively promote the enhancement of the bank's endogenous capital replenishment capacity and improve the efficiency of capital use. Support banks to broaden the channels for capital replenishment through the issuance of ordinary shares, preferred shares, unfixed-term capital bonds, and secondary capital bonds. Encourage local governments to raise funds in various ways to help small and medium banks replenish their capital.
Dispose of high-risk financial institutions according to law and regulations. Consolidate the responsibilities of all parties, implement the main responsibility of financial institutions, the rescue responsibility of shareholders, the territorial responsibility of local governments and the supervision responsibility of financial management departments, and improve the loss sharing mechanism. With regard to the financial groups established in violation of laws and regulations, while stabilizing the overall situation, we will seriously investigate and deal with violations of laws and regulations, and do our best to clean up assets, pursue piracy and recover losses, and reform and reorganize.
Resolutely rectify shadow banking. Establish a full-coverage statistical monitoring system, focus on strengthening the monitoring and analysis of high-risk shadow banking business, and do a good job of risk mitigation. Highlight the standardization of cross-financial products, make clear the boundary between public offering products and private offering products, isolate the risks between on-balance sheet and off-balance sheet businesses, separate account operations for entrusted and self-operated businesses, and separate savings products and investment products. Transparent financial market system, financial institution system and financial product system.
Promote the clearing of the Internet financial risk market. Continue to rectify Internet financial risks such as online lending, resolutely ban Internet institutions that engage in financial activities illegally, and continue to increase Internet insurance regulations.
Strictly combat financial corruption and illegal crimes. Strengthen coordination and coordination with discipline inspection and supervision, judicial audit and other departments, focus on the interest collusion and relationship bonds behind the financial chaos, focus on investigating and dealing with the problems of interest transmission, illegal profits, loss of state-owned assets, etc. In the event of an incident, all penalties will be strictly punished. (Finish)