Research On Supervisory Problems And Countermeasures Of The Banking And Insurance Supervision Group

The financial stability is the economic stability,the financial activity is the economic activity.2022,the party’s twentieth report proposed to "strengthen and improve the modern financial supervision,strengthen the financial stability protection system,according to the law,all kinds of financial activities into the supervision,guard the bottom line of no systemic risk".General Secretary Xi Jinping has repeatedly stressed that the prevention and resolution of financial risks,especially to prevent the occurrence of systemic financial risks,is the fundamental task of financial work.To take the initiative to prevent and resolve financial risks on a more important position,scientific prevention,early identification,early warning,early detection,early disposal.Nowadays,the epidemic prevention and control gradually normalized,the country’s economy gradually recovered,and coincided with the outbreak of Henan Village Bank case caused a huge negative social opinion,bringing a more serious challenge to the supervision of county banks.In 2018,the Institutional Reform Plan of the State Council was promulgated,and the China Banking Regulatory Commission(CBRC)and the China Insurance Regulatory Commission(CIRC)were reformed and merged,resulting in the formal establishment of the China Banking and Insurance Regulatory Commission(CBIRC).As of 2022,the merger and restructuring of the CBIRC organs,provincial CBIRC and local municipal CBIRC branch bureaus was basically completed,with the CBIRC dispatching agencies at the county level called supervision groups,which work under the unified leadership and authority of the provincial CBIRC,and local municipal CBIRC branch bureaus.However,the Supervision Group,as the main supervisory authority for banking and insurance institutions at the county level,has not undergone substantial reform.In practice,the supervisory team has a thin team of staff,limited office requirements,difficult office conditions,tedious and heavy workload,but does not have the basic powers it should have to complete its work,such as administrative licensing powers,on-site inspection powers and administrative penalties,showing an obvious mismatch of powers and responsibilities,which in the long run has resulted in inefficiency in the supervision of county banks.In the previous papers,most of them are more research on the work of banking and insurance supervision at provincial and municipal level,and less research on the supervisory group at county level.In this paper,taking w county as an example,combining with the actual work,using various research methods such as case study method and interview method,we found in the research that the supervisory group has the problems of insufficient personnel,insufficient funds,difficult working conditions and heavy workload,but lacking the core conditions that should be fulfilling its duties,such as administrative licensing authority,on-site inspection authority and administrative penalty authority,etc.,indicating an obvious mismatch between authority and responsibility,while both personnel and funds are not guaranteed not only makes the banking supervision in the county inefficient,but also the supervisory enthusiasm and competent motivation is not strong.On 10 March 2023,the Party and State Institutional Reform Programme" was voted at the first session of the 14 th National People’s Congress,and the State Administration of Financial Supervision and Administration will soon be formed on the basis of the former Banking and Insurance Regulatory Commission,which shows from the side that the problems that have existed in the supervision group for many years make the reform urgent,and the specific reform programme has not been issued at the completion of this paper,the author will use knowledge of public administration and other knowledge,combined with years of work experience in the supervision group,to analyse the constraints affecting the daily The author will use his knowledge of public administration,combined with his many years of experience in the Supervision Unit,to analyse the factors affecting the daily work of the Supervision Unit and propose countermeasures.