The Coping Strategy For Off-site Supervision Of RZ Bank (China)

The banking industry plays a very important role in a country’s financial system, thesafety and steady operation is the key to the healthy development of the financial system.Therefore, all countries in the world attach great importance to the supervision of financialinstitutions. Supervision of financial institutions into the off-site supervision and on-siteinspection in two forms, along with the development of information technology, off-sitesupervision plays a more and more important role, has become an important means ofregulation.In our country after the reform and opening up, especially after joining the WTO, foreignbanks in China is developing rapidly, the number of outlets, business scope and scale areconstantly expanding. In2006after the start of corporate foreign banks enjoy nationaltreatment, get the high-speed development opportunities. At the same time also face morestringent supervision, require the construction of off-site bank supervision system to theCBRC, monthly, quarterly, semi annual and annual reporting requirements of the report, and alarge number of temporary research report.RZ Bank (China) is just in the near China incorporated foreign bank. Incorporation, theadministrative structure change, accounting system and the customer information system isalso realized the unity. But in the production of the report, especially the off-site supervisionstatement or each branch to complete source, production methods and data are not unified.The main level of data collection is accomplished by manual way. External increasinglystringent regulation, timeliness requirements are also getting higher and higher. Late,omission, misstatement of the supervision data will face regulatory departments severelypunished.This paper studied the RZ Bank (China) through empirical analysis and case analysis andfor the implementation of response regulatory requirements and its own businessrequirements to deal with the off site supervision strategy. Analysis of the development offoreign banks in China and current situation and foreign bank corporation in the regulatoryenvironment, in-depth analysis of RZ Bank (China) problems and proposes thesolution strategy and implementation method.The possible innovations of this paper: First, analyses the foreign banks and China’sregulatory status, hope that through RZ Bank (China) research on coping strategies of off-sitesupervision, provide a reference model for other foreign banks. Second, analysis the off-site supervision opportunities and challenges of RZ Bank (China) to found that RZ Bank(China) internal and external competitiveness, determine the Coping Strategy for Off-siteSupervision of RZ Bank (China). Third, base on the organization, business process andsystem aspects to propose the concrete implementation plan for how to realize the CopingStrategy for Off-site Supervision of RZ Bank (China), has the certain practical significance.