Undang-undang, Kebijakan, & Pedoman

Notification of the China Banking Regulatory Commission in the Issuance of the Guidance on Commercial Banks’ Management of Reputational Risk

Scope of Application

Regulations for policy banks and recommendations for other financiers established in China. 

Purpose

Offers guidance to encourage effective management of reputational risks.

General Key Points

Financiers should:

  • Integrate reputational risk management into their corporate governance and risk management systems.
  • Prevent reputational risks.
  • Charge the boards of directors with the responsibilities of formulating reputational risk management policies, establishing the reputational risk management system, monitoring, and addressing reputational risks. 
Key Points on Environmental and Social Impact Assessment

Financiers should:

  • Respond to incidents by minimizing public losses and adverse impacts. 
Applies to
China
Global
Date
August 2009
Issuer(s)
China Banking Regulatory Commission (CBRC) and China Insurance Regulatory Commission (CIRC) (now China Banking and Insurance Regulatory Commission (CBIRC))
Link to Full Version(s)

English/Chinese