This article LTG
Goldrock is to share with you the development process of the Japan Financial Hall ~
In June 1998, the Financial Supervision Department was formally established. Under the direct jurisdiction of the Prime Minister's Palace, it was responsible for supervision of most financial institutions.The Greater Tibetan Province is responsible for macro decisions in the financial system, inspecting financial enterprises' financial systems, and regulatory deposit insurance institutions.The right to formulate financial policy still belongs to Grand Tibetan provinces.
In December 1998, the Financial Regeneration Commission was established to rectify financial order, reorganize financial organizations, and rebuild the financial system.As a temporary institution, the committee is responsible for the implementation of the financial regeneration law, the early improvement law, and the bankruptcy and crisis management of financial institutions, and is responsible for dealing with bankruptcy cases of several large financial institutions such as Japan's long -term credit banks.At the same time, the Financial Supervision Department, which was established before, was merged under the Financial Regeneration Commission, but continued to exercise its original inspection and supervision functions.The Tibetan province continues to be responsible for major decisions in the financial system and inspection of corporate financial systems, while the supervision of deposit insurance institutions has been changed from the previous Grand Tibetan province to coordinated supervision with the Financial Rebellion Commission.At this time, the power of the Great Tibetan province has been greatly weakened.
In March 2000, Japan's supervision rights of small and medium -sized financial institutions will be collected from the local government to the central government and will be handled by the Financial Supervision Department.
In July 2000, the financial department was established on the basis of the Financial Supervision Department, and the right to formulate the financial policy formulation (including the planning, proposal of the financial system, and the bankruptcy disposal and crisis management of financial institutions), the financial system of the financial institution),The functions of inspection and other functions were transferred to the newly established financial department. The Greater Tibetan province only retains the coordinated supervision rights of the deposit insurance institution with the Financial Department, and the institutional decision -making of participating in bankruptcy disposal and crisis management (but focusing on ensuring the smooth implementation of decision -making decisions for the smooth implementation of decisions..The Financial Department also has the right to formulate financial supervision and financial policy.
In January 2001, the financial renewable committee was revoked during the comprehensive implementation of the reform of government agencies, and its functional functions of financial institutions on the verge of bankruptcy also belonged to the Financial Department.At this point, Japan's financial supervision rights are highly concentrated again.The Financial Department is promoted to the Cabinet Palace's peripheral bureau, which is responsible for the financial supervision business independently.At the same time, assist in the Ministry of Finance (formerly Tibetan Province) to supervise the deposit insurance institutions.The Ministry of Finance only retains the coordinated supervision functions of deposit insurance institutions, and its subordinate local financial bureaus re -exercise financial supervision of local financial institutions in the form of entrusting the Financial Department.As of 2001, a new financial regulatory system basic framework with the financial department as its core and independent central bank and deposit insurance institutions was formally formed.
The Financial Department is the highest administrative department of Japan's financial supervision.The legal function of the Bank of Japan is to independently implement monetary policy, and it is not legally responsible for bank supervision.However, due to the need to understand and grasp the operating status of the financial industry, Article 44 of the new "Bank of Japan" stipulates that in order to exercise its functions, the Bank of Japan has the right to sign a inspection contract with financial institutions with business exchanges, and in the financial institution, and in the business, it is inCheck it on the basis of the contract.Bank of Japan can effectively manage and guide financial institutions through on -site inspections and non -on -site inspections to effectively manage various risks in its operations.Although the division of labor between the Financial Department and the Bank of Japan is obviously different, the inspection focus is significantly different, but the bank supervision has actually become dual supervision.
In order to "perform their duties" and have exchanges and cooperation, Article 44, paragraph 3, paragraph 3, paragraph 3 of the "Bank of Japan Law" stipulates that at the request of the Chief of the Financial Department, the Japanese Bank should show the inspection results to the Financial Departmentmaterial.In actual work, the staff of the Financial Department and the Bank of Japan often interchanged information often to form a close relationship with each other.In addition, in order not to increase the burden of being inspected by the financial institution, the two parties coordinated the on -site inspection schedule of the same financial institution through the negotiation mechanism.
On October 26, 2018, Chang Depeng, a spokesman for the CSRC, disclosed that the CSRC and the Japan Financial Department signed a memorandum of understanding to strengthen cooperation between the two parties, and China -Japan Securities Regulatory Cooperation entered a new stage.
