What special regulation is required for online banking

1 Announcement of the China Banking Regulatory Commission on the Qualification Accreditation of E-banking Security Assessment Institutions in 2006.

2 Letter from the China Banking Regulatory Commission on Approving the Establishment of E-banking Business in the Branch of Korea Exchange Bank**** in China.

3. Measures for the Administration of Electronic Banking Business.

4 Circular of the China Banking Regulatory Commission on Printing and Distributing the Guidelines for Security Assessment of Electronic Banking.

5. Circular of the General Office of the China Banking Regulatory Commission on Printing and Distributing the Working Procedures for the Accreditation of E-banking Security Assessment Institutions.

6 Letter from the China Banking Regulatory Commission on Strengthening Cooperation and Mutual Assistance in the Supervision of E-banking and Bank Card Business.

The above are the relevant regulatory titles.

1. Interim Measures for the Administration of Online Banking, Electronic Signature Law, Measures for the Administration of Electronic Authentication Services, Basel Accord (China is a member of the Basel Committee), Guidelines for Technical Risk Management of Internet Banking, and Implementation Rules for the Self-Discipline and Supervision of Bank Card Departments of Agricultural Bank of China

2. Commercial banks should also abide by the Company Law, the Commercial Bank Law, the People's Bank of China Law, the Banking Supervision and Administration Law, the Bills Law, the Accounting Law, the Contract Law, and other laws and regulations.

The subject is the bank, and the object is the object of supervision.

Classification of financial regulatory content:

1. According to the scope of supervision of financial institutions, it is divided into administrative supervision and business supervision of financial institutions;

2. According to the nature of supervision, it can be divided into compliance supervision and risk supervision;

3. From the perspective of the main content or scope of supervision, it is mainly divided into market access supervision, business operation supervision and market exit supervision.

Summary: The three elements of financial supervision are the subject of financial supervision (regulatory authority), the object of financial supervision (regulatory object), and the financial regulatory tools (methods, methods, and means).

Note: Financial supervisory authorities are authoritative, independent and public.

Although the emergence of online banking has partially changed the business mode of traditional banks, the basic principles of financial supervision will not change due to changes in the way of financial services, and capital adequacy, liquidity and appropriate management requirements are also applicable to online banks. Regulators should not restrict or hinder the development of online banking due to risk factors and concerns about its security, but should promote the development of online banking while ensuring the development of healthy market competition. In the online age, regulators should also maintain transparency and consistency in regulation; At the same time, it is necessary to ensure that the information provided by financial institutions is true, fair and accurate.

Regulators should strengthen financial regulatory cooperation and share information.

With the rapid development of electronic media, relevant regulations should be enacted, and existing laws should be amended accordingly.