The CBRC On Local Administrative Supervision Of Rural Credit Cooperatives

The main content of this study is the administrative supervision of the CBRClocal rural credit cooperatives, scholars in the study of banking supervision mostlimits the scope in the financial business within the scope of the main contributionsof this paper is out of business, administrative supervision Lord, convert ideas, astatement of fact, the vertical contrast, combined with the special experience of therural credit cooperatives and special status in the banking industry to create theChina Banking Regulatory Commission administrative supervision of the local ruralcredit cooperatives new tools, new ideas for the improvement and innovationCBRC’s supervisory approach and means to put forward feasible suggestions.Banking supervision is collectively known as bank supervision and bankmanagement, including on-site inspection and off-site inspection, market access andexit, external supervision and internal control, monetary policy and supervision ofthe implementation of the Banking Act, the administrative supervision of put limitsthe scope of administrative areas, implementation of a comprehensive, regularinspection and supervision of banks, can contribute to the Bank in accordance withthe law sound operation and healthy development of safe and reliable, the CBRC onbanking and business activities of leadership, coordination, organization and control.Rural credit cooperatives in China’s financial system is a very important position. Itserves as the main force of the important role of rural finance is to contact thefinancial ties of the nearly800million farmers. However, to truly play the role ofrural finance the main force for developing the rural economy and increase farmers’income, credit unions there are very long and arduous way to go, there are manytheoretical and practical aspects exploration. But we make it clear that China’sbanking supervision in the need to improve the status of regulatory legal system isnot perfect, and changes in regulatory philosophy in a transition period from theregulatory elements, the way to regulatory means there are some problems that can not be ignored. Rural credit cooperatives are an important period of reform, toimplement a sustained, effective and prudent administrative financial supervision ismore practical significance. The CBRC in accordance with the law to strengthen theadministrative supervision of local rural credit cooperatives, the realization of thesustainable development of rural credit cooperatives, deepen reform of rural creditcooperatives, building a moderately prosperous society, with far-reaching historicalsignificance and important practical significance. Effective supervision of bankingexecutives should be comprehensive, prudent, effectiveness, and other characteristics,from the perfect point of view of external supervision, combined with China’s banksface international and domestic financial situation, China’s banking supervisionshould pay more attention to improve the system construction, to establish standardswith the international financial regulatory philosophy.