Xinhua News Agency, Beijing, February 15 (Reporter Li Yanxia) In order to further regulate the performance of duties of directors and supervisors of bancassurance institutions, the China Banking and Insurance Regulatory Commission recently solicited public opinions on the evaluation methods for the performance of directors and supervisors of bancassurance institutions.
The "Measures for the Evaluation of the Performance of Directors and Supervisors of Banking and Insurance Institutions (Trial, Draft for Comment)" clarifies that the results of performance evaluation are divided into three categories, namely, competent, basic and incompetent. Competent circumstances.
The method is clear. Banking and insurance institutions should put forward work recommendations or handling opinions based on the results of their performance evaluations, and hold directors and supervisors who violate laws and regulations to account for them.
The China Banking and Insurance Regulatory Commission and its dispatched offices shall strengthen the use of performance evaluation information in the comprehensive assessment of corporate governance, market access, off-site supervision and on-site inspections.