China Banking and Insurance Regulatory Commission
Appearance
中国银行保险监督管理委员会 | |
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Agency overview | |
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Formed | 8 April 2018 |
Jurisdiction | People's Republic of China |
Headquarters | Beijing, People's Republic of China |
Agency executive |
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Parent department | State Council |
Website | www.cbirc.gov.cn |
The China Banking and Insurance Regulatory Commission (CBIRC) is an agency of the People's Republic of China (PRC) authorised by the State Council to[1]
- Supervise the establishment and ongoing business activities of banking and insurance institutions.
- Take enforcement actions against regulatory violations.
The CBIRC was established in April 2018 by a merger of China's banking and insurance regulators, namely, the China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC).[2]
References
- ^ "Practical Law UK Signon". uk.practicallaw.thomsonreuters.com. Retrieved 2018-08-29.
- ^ "China Banking and Insurance Regulatory Commission officially unveiled". www.cbirc.gov.cn. Retrieved 2018-08-29.