China Banking Regulatory Commission Implementation Of Administrative Licensing Matters Concerning Chinese Commercial Banks Procedures (Revised)

Original Language Title: 中国银监会中资商业银行行政许可事项实施办法(修订)

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  Chapter I General provisions article in order to regulate the CBRC and its local agencies implement the administrative permission of Chinese commercial banks, administrative licensing items, conditions, procedures and time limit for, protect legitimate rights and interests, under the People's Republic of China Banking Regulatory Act, the People's Republic of China on commercial banks and the People's Republic of China Law on administrative licensing, laws, administrative regulations and the relevant decisions of the State Council, these measures are formulated.

Article in Chinese commercial banks in these measures include State-owned large commercial banks and postal savings bank of China (hereafter respectively referred to as State-owned commercial banks, the postal savings bank), joint-stock commercial banks and city commercial banks.

Article CBRC and its local agencies in accordance with this approach and the China Banking Regulatory Commission for the implementation of administrative licensing procedures regulation, on the implementation of administrative licensing in Chinese commercial banks.

Fourth Chinese Commercial Bank to the following matters shall be subject to the CBRC or its agency administrative licensing: institutions, institutional change, termination, adjusting the scope of business and increasing business varieties, qualifications of Directors and senior management, as well as the laws, administrative rules and regulations and the decisions of other administrative licensing items.

Applicants shall, in accordance with section v of the China Banking Regulatory Commission on administrative licensing matters application directory and format requirements for submitting application materials. Second chapter institutions established first section corporate institutions established sixth article established in the funding commercial banks corporate institutions should meet following conditions: (a) has meet People's Republic of China company law and People's Republic of China commercial banks method provides of articles; (ii) registered capital for real paid capital, minimum limit for 1 billion Yuan Yuan or equivalent can exchange currency, city commercial banks corporate institutions registered capital minimum limit for 100 million Yuan Yuan; (three) has meet served qualification conditions of Director, and

Senior management personnel and familiar Bank business of qualified practitioners; (four) has sound of organization institutions and management system; (five) has and business business phase adapted of business places, and security prevention measures and other facilities; (six) established and business business phase adapted of information technology schema, has support business business of necessary, and security and collection rules of information technology system, has guarantees information technology system effective security run of technology and measures. Seventh article established in the funding commercial banks corporate institutions, also should meet other carefully sex conditions, at least including: (a) has good of company governance structure; (ii) has sound of risk management system, can effective control various risk; (three) sponsors shareholders in the should including qualified of strategy investors; (four) has science effective of human resources management system, has high quality of professional talent; (five) has effective of capital constraints and capital added mechanism; (six) helps resolve existing financial institutions risk,

To promote financial stability.

Banks corporate bodies established under article eighth have qualified sponsors, the sponsors include: domestic financial institutions and foreign financial institutions, domestic non-financial institutions and other sponsors approved by the CBRC.

Overseas financial institutions referred to in the preceding paragraph include Hong Kong, Macao and Taiwan region's financial institutions.

Nineth article territory financial institutions as in the funding commercial banks corporate institutions of sponsors, should meet following conditions: (a) main carefully regulatory index meet regulatory requirements; (ii) company governance good, internal control sound effective; (three) recently 3 a fiscal year continuous profit; (four) social reputation good, recently 2 years no serious illegal violations behavior and for internal management problem led to of major case; (five) silver prison will regulations provides of other carefully sex conditions.

Tenth of outside financial institutions as the banks corporate sponsors or strategic investors, shall comply with the following conditions: (a) the recent end of 1 in principle, the total assets of not less than US $ 10 billion; (b) the international rating agency approved by the CBRC on its long-term credit rating for the last 2 years good; (c) the last 2 consecutive profit in the fiscal year;

(Four) commercial banks capital sufficient rate should reached its registered to banking capital sufficient rate average level and not below 10.5%; non-bank financial institutions capital total not below weighted risk assets total of 10%; (five) internal control sound effective; (six) registered to financial institutions supervision management system perfect; (seven) where country (area) economic status good; (eight) silver prison will regulations provides of other carefully sex conditions.

Foreign financial institutions as sponsors or strategic investors buying stakes in Chinese banks should follow the loyalty, optimize governance and business cooperation, the principle of competition is avoided.

The CBRC according to financial risks and regulatory needs, you can adjust the conditions for overseas financial institutions as sponsors.

11th single overseas financial institutions and its control or share control of related parties as sponsors strategic investors or banks to a single equity investment proportion shall not exceed 20%, more overseas financial institutions and be under their control or joint control is associated as a sponsor or strategic investors invest in total shall not exceed 25%. Equity investment proportion is referred to in the preceding paragraph refer to Chinese commercial bank shares held by financial institutions in percentage of total shares.

Related-party holdings overseas financial institutions with foreign ownership of financial institutions combined.

12th article territory non-financial institutions as in the funding commercial banks corporate institutions sponsors, should meet following conditions: (a) law established, has corporate qualification; (ii) has good of company governance structure or effective of organization management way; (three) has good of social reputation, and integrity records and tax records, can regular full reimbursement financial institutions of loan principal and interest; (four) has more long of development period and stable of business status; (five) has strong of business management capacity and funds strength;

(Six) financial status good, recently 3 a fiscal year continuous profit; (seven) year-end distribution Hou, net worth reached all assets of 30% (merged statements caliber); (eight) interests sex investment balance in principle not over this enterprise net worth of 50% (merged statements caliber), State provides of investment company and holding company except; (nine) shares funds for owned funds, shall not to delegate funds, and debt funds, non-owned funds shares, legal regulations another has provides of except;

(J) other prudent requirements as prescribed by the regulations of the CBRC.

13th article has following case one of of enterprise shall not as in the funding commercial banks corporate institutions of sponsors: (a) company governance structure and mechanism exists obviously defects; (ii) associated Enterprise many, and equity relationship complex and not transparent, and associated trading frequently and exception; (three) core main not highlight and its business range involved industry too much; (four) cash flow fluctuations by economic boom effect larger; (five) assets liabilities rate, and financial lever rate above industry average level; (six) generation others holds in the funding commercial banks equity;

(VII) other significant adverse effect on the Bank's situation.

14th the banks corporate institutions subject to build and opened in two stages. 15th institution of State-owned commercial banks, joint-stock commercial bank corporate planning applications should be jointly submitted to the CBRC by the sponsor, the regulators will receive, review and make decisions.

The CBRC within 4 months from the date of acceptance of approval or disapproval of a written decision. City commercial bank's corporate planning applications, should sponsor the parties jointly submitted to the banking Board to be established, the proposed banking Board to accept and preliminary examination, Banking Regulatory Commission review and decision.

Since the CBRC within 4 months from the date of receipt of the complete application materials to approve or disapprove the decision in writing.

16th the banks corporate Establishment for a period of 6 months from the date of the approval decision. State-owned commercial banks, joint-stock commercial bank Corporation fails to build, and the Agency establishment team should be 1 month before the expiry of the period for the provision of construction delayed report to the CBRC.

Build an extension of no more than once, build an extension for a maximum period of 3 months. City commercial bank's Corporation fails to build, and the Agency establishment team should prepare before the expiration of 1 month report to the local banking regulatory board to build an extension.

Build an extension of no more than once, build an extension for a maximum period of 3 months.

The Agency establishment team should be submitted before the expiry of the period prescribed in the preceding paragraph, apply for business commencement is overdue, failure of planning approval documents, handled by the authorities to build license cancellation. 17th State-owned commercial banks, joint-stock commercial bank corporate applications for approval shall be submitted to the China Banking Regulatory Commission, accepted by the CBRC, review and decision.

The CBRC made within 2 months from the date of the acceptance approval or determinations are not approved. City commercial bank's corporate applications for approval shall be submitted to the local banking regulatory Bureau, the local banking regulatory Bureau to receive, review and make decisions.

Banking Board acceptance within 2 months from the date of approval or determinations are not approved, copy to the CBRC.

18th opening-funded commercial banks incorporated in receive approval after you file and in accordance with the regulations for financial licences, according to the Administration for industry and commerce registration to obtain business licenses. State-owned commercial banks, joint-stock commercial bank Corporation since the date of business license should be within 6 months of opening. Failed to open on schedule, should be opened before the expiration of 1 month opening delayed report to the CBRC.

Opening an extension of no more than once, opening an extension for a maximum period of 3 months. City commercial bank's corporate bodies shall be from the date of business license within 6 months of opening. Failed to open on schedule, should be opened before the expiration of 1 month to the local banking regulatory Board postponed the opening report.

Opening an extension of no more than once, opening an extension for a maximum period of 3 months.

Chinese Commercial Bank Corporation is not opened within the period prescribed in the preceding paragraph, the opening authorization failure, up to authorities for opening license cancellation procedures to recover its financial licenses, and make an announcement. Domestic branch established in section II the 19th Chinese commercial banks to set up branches including branches, branch-level exclusive agency, branch, branch-level exclusive agency branches, and so on.

Chinese commercial banks to set up branch offices in the territory subject to the construction and opening of the two-stage.

20th article in the funding commercial banks application established branch, applicants should meet following conditions: (a) has good of company governance structure; (ii) risk management and internal control sound effective; (three) main carefully regulatory index meet regulatory requirements; (four) has allocated operating funds of capacity; (five) has perfect, and collection rules of information technology system and information security system, has standardization of data management system, has guarantees business continuous effective security run of technology and measures; (six) regulatory rating good;

(VII) the last 2 years no serious violations and major cases due to internal management issues and (VIII) other prudent requirements as prescribed by the regulations of the CBRC. 21st article in the funding commercial banks application established credit card Center, and small enterprise credit Center, and private bank Department, and notes Center, and funds operating Center, and precious metals Business Department, branch level franchise institutions, applicants except should meet 20th article about provides outside, also should meet following conditions: (a) franchise business business reform meet the items business of development direction, and for has detailed of feasibility research argument; (ii) franchise business business reform meet its head office of general strategy and development planning,

Helps to improve overall competitiveness; (c) the start-up franchise business for more than 2 years, management team and technicians engaged in franchise business; (d) the franchise business assets and other indicators have reached a good level of quality, service, high level of cost control of franchised business, with good earnings prospects and (v) other prudent requirements as prescribed by the regulations of the CBRC. The 22nd level of State-owned commercial banks, the postal savings bank, joint-stock commercial bank branches, branch-level exclusive agency planning applications submitted by its head office to the CBRC, China Banking Regulatory Commission will receive, review and make decisions.

The CBRC within 4 months from the date of acceptance of approval or disapproval of a written decision. State-owned commercial banks, the postal savings bank, second-level branch of the joint-stock commercial bank to build the application by its branch submitted to the proposed banking Board, banking regulatory Bureau to receive, review and make decisions.

CBRC within 4 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial bank's branches to build applications from its headquarters to submit proposed banking Board, banking regulatory Bureau to receive, review and make decisions.

CBRC within 4 months from the date of the acceptance to approve or disapprove the decision in writing. 23rd branch, branch-level exclusive agency preparing for a period of 6 months from the date of the approval decision. Fails to prepare, before the expiry of the period for preparing the applicant shall prepare 1 month apply to the planning agency report submitted to build an extension.

Build an extension of no more than once, build an extension for a maximum period of 3 months.

The applicant shall submit applications for approval before the expiry of the period prescribed in the preceding paragraph, overdue, failure of planning approval documents, handled by the authorities to build license cancellation. Article 24th-funded commercial bank branches, branch-level exclusive agency applications for approval submitted by the lead applicant to the local banking regulatory Bureau, banking regulatory Bureau to receive, review and make decisions. Banking Board acceptance within 2 months from the date of approval or determinations are not approved. Branch, and branch level franchise institutions opened should meet following conditions: (a) operating funds in place; (ii) has meet served qualification conditions of senior management personnel and familiar Bank business of qualified practitioners; (three) has and business development phase adapted of organization institutions and regulations; (four) has and business business phase adapted of business places, and security prevention measures and other facilities; (five) has and business business phase adapted of information technology sector, has necessary, and security and collection rules of information technology system,

Protect the effective security of information technology systems running the same level of technology and measures. 25th branch, branch-level exclusive agency shall upon receipt of approved documents and in accordance with the regulations for financial licences after the opening, according to the Administration for industry and commerce registration to obtain business licenses. Branch, branch-level exclusive agency shall, within 6 months from the date on which the business license business, fails to open, the applicant shall open before the expiration of 1 month opened an extension to the banking regulatory Bureau, where within the report.

Opening an extension of no more than once, opening an extension for a maximum period of 3 months.

Branches and branch-level exclusive agency has opened within the period prescribed in the preceding paragraph, the original opening authorization failure, up to authorities for opening license cancellation procedures to recover its financial licenses, and make an announcement. 26th article in the funding commercial banks application established branch, should meet following conditions: (a) State-owned commercial banks, and postal savings bank, and joint-stock commercial banks in intends set to where province, and autonomous regions, and municipalities features has branch, and depending on with branch management of institutions or branch above institutions and official business 1 years above, business status and risk management status good; city commercial banks in intends set to same to level or to level above city has branch, and depending on with branch management of institutions or branch above institutions and official business 1 years above,

Business status and risk management status good; (ii) intends set to has established institutions has strong of internal control capacity, recently 1 years no serious illegal violations behavior and for internal management problem led to of major case; (three) has allocated operating funds of capacity; (four) has established on senior management personnel assessment, and supervision, and authorized and adjustment of system and mechanism, and has enough of professional business management talent; (five) silver prison will regulations provides of other carefully sex conditions. 27th branch of Chinese commercial banks in preparation to the application by the branch, as a branch management submitted by the agency or city commercial bank, proposed to the CBRC local city or state banking regulatory Bureau accepted, the banking regulatory Board for review and decision.

The banking Board from receipt of complete application materials directly within 4 months from the date of acceptance or approval or disapproval of a written decision. 28th branch establishment for a period of 6 months from the date of the approval decision. Fails to build, the applicant shall, at the expiry of the period to build build an extension to the lead agency within 1 month before the report.

Build an extension of no more than once, build an extension for a maximum period of 3 months.

The applicant shall submit applications for approval before the expiry of the period prescribed in the preceding paragraph, overdue, failure of planning approval documents, handled by the authorities to build license cancellation. 29th branch opening applications managed by the branch, as a branch of the agency or city commercial bank to submit to the planning agency, Planning Agency receive, review and make decisions.

Build acceptance within 2 months from the date of acceptance by the authorities approve or not to approve of the written decision.

Branch opening shall comply with the following conditions: (a) the working capital in place, (b) meet the qualifications of senior managers and qualified staff familiar with banking operations; (c) commensurate with the business of the business premises, safety measures and other facilities.

30th branch shall on receipt of the file, and in accordance with the regulations approved by the opening after receiving financial license, according to the Administration for industry and commerce registration to obtain business licenses. Branch should be since the date of business license within 6 months of opening. Failed to open on schedule, the applicant shall open before the expiration of 1 month opened an extension to the open applications within the report.

Opening an extension of no more than once, opening an extension for a maximum period of 3 months.

Opened branch within the specified period, the original opening authorization failure, up to authorities for opening license cancellation procedures to recover its financial licenses, and make an announcement.

Branches of Chinese commercial banks to set up franchise organizations, references in Chinese commercial banks to set up branches of the administrative licensing conditions and procedures.

31st article in the funding commercial banks acquisition other banking financial institutions established branch institutions of, should meet following conditions: (a) main carefully regulatory index meet regulatory requirements, mention foot reserves Hou has operating funds allocated capacity; (ii) acquisition party authorized implementation acquisition task of branch business status good, internal control sound effective, legal collection rules business; (three) according to market and voluntary principles acquisition; (four) silver prison will regulations provides of other carefully sex conditions. Article 32nd in Chinese commercial banks to buy other banks and financial institutions to set up branches subject to acquisition and opened in two stages.

Opening acquisition approval and approval of programs with the Chinese commercial banks to set up branches or sub-branches of planning approval and opening of procedures approved by the.

Third section investment established, and shares, and acquisition territory corporate financial institutions 33rd article in the funding commercial banks application investment established, and shares, and acquisition territory corporate financial institutions of, should meet following conditions: (a) has good of company governance structure; (ii) risk management and internal control sound effective; (three) has good of and table management capacity; (four) main carefully regulatory index meet regulatory requirements; (five) interests sex investment balance in principle not over its net worth of 50% (merged statements caliber);

(Six) has perfect, and collection rules of information technology system and information security system, has standardization of data management system, has guarantees business continuous effective security run of technology and measures; (seven) recently 2 years no serious illegal violations behavior and for internal management problem led to of major case; (eight) recently 3 a fiscal year continuous profit; (nine) regulatory rating good; (ten) silver prison will regulations provides of other carefully sex conditions. 34th State-owned commercial banks, the postal savings bank, joint-stock commercial banks ' application for investment, equity participation, acquisition of domestic legal institutions by the CBRC, examine and decide.

The CBRC within 6 months from date of acceptance to approve or disapprove the decision in writing. City commercial banks ' application for investment, shares, acquired corporate financial institutions in which the applicant is located the banking regulatory Bureau, examine and decide.

CBRC is located within 6 months from date of acceptance to approve or disapprove the decision in writing.

Fourth section investment established, and shares, and acquisition outside institutions 35th article in the funding commercial banks application investment established, and shares, and acquisition outside institutions, applicants should meet following conditions: (a) has good of company governance structure, internal control sound effective, business article line management and risk tube control capacity and outside business development phase adapted; (ii) has clear of overseas development strategy; (three) has good of and table management capacity; (four) main carefully regulatory index meet regulatory requirements;

(E) equity investment balances in principle not more than its net assets of 50% (on consolidated accounting statement basis); (vi) the last 3 fiscal years of continuous profit; (VII) 1 year prior to the application assets balance at the end of more than 100 billion yuan, (VIII) and professionals adapting to the environment in an overseas operation; (IX) other prudent requirements as prescribed by the regulations of the CBRC.

Foreign institutions in these measures refers to the outside level of Chinese commercial bank branch, a wholly owned subsidiary or holding financial institutions and representative bodies, as well as the overseas branch, a wholly owned subsidiary of transnational (border) established institutions. 36th postal savings banks, State-owned commercial banks, joint-stock commercial banks ' application for investment, equity participation, acquiring overseas institutions accepted by the CBRC, review and decision.

The CBRC within 6 months from date of acceptance to approve or disapprove the decision in writing. City commercial banks ' application for investment, shareholding, acquisitions outside the seat of the Agency by the applicant banking regulatory Bureau to receive, review and make decisions.

CBRC is located within 6 months from date of acceptance to approve or disapprove the decision in writing.

Section I of chapter III institutional changes institutional change 37th institutional changes include: change of name, change of ownership, change of its registered capital, amend the Constitution, change residence, change form, this Division, the new Division, merger or consolidation.

38th State-owned commercial banks, the postal savings bank, joint-stock commercial bank Corporation changes its name by the CBRC, examine and decide; Corporation changes its name from the location of city commercial bank banking Board, examine and decide.

39th in Chinese commercial banks shares changed its shareholder qualifications specified in article Nineth to 13th with corporate sponsors of the new Chinese commercial bank investment conditions.

Change of State-owned commercial banks, the postal savings bank, joint-stock commercial banks hold capital or shares 5% per cent of total shareholders requested change, invest in overseas financial institutions applying for by the CBRC, examine and decide.

Changing of city commercial banks to hold capital or the total shares 5% per cent of total shareholders requested change, invest in overseas financial institutions applying for the local banking regulatory Bureau, examine and decide.

Change of State-owned commercial banks, the postal savings bank, joint-stock commercial banks hold capital or shareholders with shares more than 1% and 5% should be in the share transfer within 10th report to the CBRC.

Changing of city commercial banks hold capital or shareholders with shares more than 1% and 5% should be in the share transfer within 10th report to the local banking regulatory Bureau.

Investors buying stakes in Chinese banks, in accordance with the commercial banks and insiders and shareholder relevant provisions of management measures of connected transactions, complete and truthfully disclose the relationship. 40th Chinese Commercial Bank changes its registered capital, the shareholders ' qualifications in accordance with the conditions provided for in article Nineth to 13th.

State-owned commercial banks, the postal savings bank, which changes its registered capital of joint-stock commercial bank, decided by the CBRC to receive, review and city changes its registered capital of commercial banks, the local banking regulatory Bureau to receive, review and make decisions. Chinese commercial banks raise new shares through a rights issue or change of the registered capital, in front of the change of its registered capital, should also raise new shares through a rights issue or programme approval.

Programme approval, examine and decide the program specified in the previous paragraph. 41st banks initial public offering and listing of shares, shall comply with the requirements relating to the State Council and the China Securities Regulatory Commission.

Prior to application to the China Securities Regulatory Commission, shall apply to the China Banking Regulatory Commission and approved.

State-owned commercial banks, the postal savings bank, initial public offering and listing shares of joint-stock commercial bank, decided by the CBRC, examine and city commercial bank to issue shares and listed, the local banking regulatory Bureau to receive, review and make decisions.

42nd State-owned commercial banks, the postal savings bank, joint-stock commercial banks to amend the Constitution, by the CBRC, examine and decide; modifying the articles of city commercial banks, the local banking regulatory Bureau to receive, review and make decisions.

Chinese commercial banks change names, residence, ownership, the scope of the registered capital or business, shall make an approval decision decision decision to modify the corresponding provisions of the regulations and report within 6 months.

Article 43rd-funded commercial bank changes its domicile, should be consistent with the business development business premises, safety measures and other facilities.

State-owned commercial banks, the postal savings bank, joint-stock commercial bank changes its domicile, by the CBRC, examine and decide; city commercial bank changes its domicile, the local banking regulatory Bureau to receive, review and make decisions.

44th in Chinese commercial banks due to the adjustment of administrative division and other causes of administrative divisions, street, house number, change the actual position does not change, do not need to change their place of residence to apply for, but it should be on the 15th after the change is reported as the banking regulatory agencies issuing financial licenses, and renewal of financial licenses. Chinese commercial banks for housing maintenance, increase the expansion causes temporary residence within 6 months of changes, changes its domicile is not required to apply for, but it should be in their original homes, shelter bulletin, and 10th in advance to issuing financial licenses of banking regulatory agency reports. Temporary residence shall comply with the requirements of the police and the Fire Services Department.

Fetches the original residence of Chinese commercial banks, in advance 10th issued by the Ministry of public security door to fetch home security certificates and related fire-proof materials such as copy to the banking regulatory agency that issued the financial license, and shall be published.

45th in Chinese commercial banks change organization, should be consistent with the People's Republic of China company law, the People's Republic of China on commercial banks, as well as other provisions of laws and administrative rules and regulations.

Change of State-owned commercial banks, the postal savings bank, joint-stock commercial bank organization, accepted by the CBRC, review and make decisions; changing organization of city commercial banks, the local banking regulatory Bureau accepts and preliminary examination, Banking Regulatory Commission review and decision.

46th Division of Chinese commercial banks, should be consistent with the People's Republic of China company law, the People's Republic of China on commercial banks, as well as other provisions of laws and administrative rules and regulations.

Separation of State-owned commercial banks, the postal savings bank, joint-stock commercial bank, by the CBRC, examine and decide; separation of city commercial banks by the Banking Commissioner's Office and, where the preliminary review, China Banking Regulatory Commission review and decision.

Separation of existence, after the expiry of the notice in the Division, the survivor should be in accordance with the changes of conditions and procedures for the adoption of an administrative license; the new party should be opened in accordance with legal conditions and procedures via administrative permission.

The new Division, after the expiry of the notice in the Division, the new party should be opened in accordance with legal conditions and procedures via administrative permission; the original dissolution of the Corporation shall, in accordance with legal conditions and procedures via administrative permission.

47th in Chinese commercial banks merged, should be consistent with the People's Republic of China company law, the People's Republic of China on commercial banks, as well as the provisions of other laws, rules and regulations.

Merged party for State-owned commercial banks, the postal savings bank, joint-stock commercial bank, by the CBRC, examine and decide; others merge the local banking regulatory Commission Office and preliminary examination, Banking Regulatory Commission review and decision. Merger, merge after expiry of the notice period, merger parties shall in accordance with the changes of conditions and procedures for the adoption of an administrative license; terminated by merger shall, according to legal conditions and procedures via administrative permission.

Were merged into the Branch Office shall be in accordance with the conditions and procedures for opening branch offices by administrative license.

Merger by new establishment, merger announcements after the expiration, opening new party shall, in accordance with legal conditions and procedures via administrative permission; the original dissolution of the Corporation shall, in accordance with legal conditions and procedures via administrative permission.

48th article of the section changes, lower regulatory authority to accept, by the regulatory authority decided, by the regulatory authority within 3 months from the date of receipt of the complete application materials approved or not approved by written decision accepted, reviewed and decided by the same regulatory authorities, within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

Section II domestic branches change 49th Chinese commercial bank branches in the territory change includes changing the name, institutional upgrading, and so on.

CBRC 50th city in Chinese commercial bank branch name change by the CBRC, examine and decide; seat of the CBRC local branches of Chinese commercial banks change names by the CBRC, examine and decide.

51st article in the funding commercial banks branch upgraded for branch or II level branch upgraded for level branch, should meet following conditions: (a) Head Office internal control and risk management sound effective; (ii) Head Office allocated operating funds in place; (three) intends upgraded branch internal control sound effective, recently 2 years no serious illegal violations behavior and for internal management problem led to of major case; (four) intends upgraded branch has meet served qualification conditions of senior management personnel and familiar Bank business of qualified practitioners;

(Five) intends upgraded branch continuous 2 years profit; (six) has and business development phase adapted of organization institutions and regulations; (seven) has and business business phase adapted of business places, and security prevention measures and other facilities; (eight) has and business business phase adapted of information technology sector, has necessary, and security and collection rules of information technology system, has guarantees this level information technology system effective security run of technology and measures; (nine) silver prison will regulations provides of other carefully sex conditions.

State-owned commercial banks, the postal savings bank, joint-stock commercial bank branch was upgraded to a branch, followed by the upgrading of its head office to the local banking regulatory Bureau to apply, receive and initial review of CBRC, China Banking Regulatory Commission review and decision. State-owned commercial banks, the postal savings bank branch was upgraded to second-level branch, joint-stock commercial banks, city commercial bank branch was upgraded to branch, followed by the upgrading of its head office to apply to the local banking regulatory Bureau, banking regulatory Bureau to receive, review and make decisions.
52nd article branch following institutions upgraded for branch of, should meet following conditions: (a) intends upgraded institutions business situation good; (ii) intends upgraded institutions internal control sound effective, recently 2 years no serious illegal violations behavior and for internal management problem led to of major case; (three) intends upgraded institutions has meet served qualification conditions of senior management personnel and familiar Bank business of qualified practitioners; (four) intends upgraded institutions has and business business phase adapted of business places, and security prevention measures and other facilities;

(E) other prudent requirements as prescribed by the regulations of the CBRC. Chinese commercial bank branch branch was upgraded to the following bodies of the applicant should be a commercial bank branch or the head office.

City Branch of CBRC was upgraded to branch to apply for the following organizations, by the banking regulatory Bureau to receive, review and make decisions; seat of the CBRC branch was upgraded to branch to apply for the following organizations, accepted by the CBRC, review and decision.

53rd of this section changes, lower regulatory authority to accept, by the regulatory authority decided, by the regulatory authority within 3 months from the date of receipt of the complete application materials approved or not approved by written decision accepted, reviewed and decided by the same regulatory authorities, within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

Section III foreign institutional change banks in the 54th foreign institutional upgrading, changing working capital or registered capital, changes its name, major investment matters, change of ownership, Division, merger and other matters prescribed by the CBRC shall be licensed by the banking regulatory agency.

Major investment matters referred to in the preceding paragraph, refers to Chinese Commercial Bank's overseas agencies in the proposed investment of 100 million Yuan more than 5% per cent of the registered capital or working capital or investment equity investment in these matters. 55th State-owned commercial banks, the postal savings bank, joint-stock commercial bank foreign institutional changes should be applied to the CBRC, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial bank's foreign institutional changes should be by application of CBRC city commercial bank, head office the head office is located, by the banking regulatory Bureau to receive, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

Fourth chapter section legal termination 56th in Chinese commercial banks have one of the following circumstances shall apply for dissolution: (a) the operating period as prescribed by the articles expires or the provisions of the Constitution shall be dissolved when there, (ii) the shareholders ' resolution for dissolution; (c) the Division or merger to be dissolved. 57th State-owned commercial banks, the postal savings bank, joint-stock commercial banks by CBRC, examine and decide the dissolution.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial bank's dissolution of the preliminary review by the Banking Commissioner's Office and, where the regulator will review and decide.

Since the CBRC within 3 months from the date of receipt of the complete application materials to approve or disapprove the decision in writing.

Article 58th in Chinese commercial banks due to dissolved Division or merger situation, together with the Division or merger for approval.

Article 59th of banks incorporated in one of the following circumstances, before filing for bankruptcy to the Court, should be applied to the CBRC and approved only if: (a) unable to pay its debts, voluntary or request of the creditor bankruptcy; (b) dissolution and liquidation, the liquidation Group found the Agency's assets are not sufficient to repay its debts, should file for bankruptcy. Apply for bankruptcy of State-owned commercial banks, the postal savings bank, joint-stock commercial bank, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Apply for bankruptcy of city commercial banks, the local banking regulatory Bureau accepts and preliminary examination, Banking Regulatory Commission review and decision.

Since the CBRC within 3 months from the date of receipt of the complete application materials to approve or disapprove the decision in writing.

Branch section II termination of the 60th terminates its business operations domestic and overseas branches of Chinese commercial banks (be revoked), termination of the business shall be applied for. 61st Chinese commercial bank branch terminates its business operations in the territory of an application by the CBRC, examine and decide, CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Second-level branch terminates its business operations apply for the local banking regulatory Bureau, examine and decide.

CBRC home within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

Chinese commercial bank branches in the territory and terminates its business operations the following branches of the application, the local banking regulatory Bureau city or state banking regulatory Bureau to receive, review and make decisions, within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Foreign bodies of the State-owned commercial banks, the postal savings bank, joint-stock commercial bank terminated business application, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Terminates its business operations overseas institutions of commercial banks to apply for the city, location of the city commercial bank banking regulatory Bureau to receive, review and make decisions.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

Fifth chapter adjustment business range and increased business varieties first section opened exchange business and increased exchange business varieties 62nd article in the funding commercial banks application opened except settlement, and sale meeting yiwai of exchange business or increased exchange business varieties, should meet following conditions: (a) main carefully regulatory index meet regulatory requirements; (ii) law collection rules business, internal control system sound effective, business status good; (three) has and declared exchange business corresponding of Exchange operating funds and qualified of exchange business practitioners;

(D) that complies with the requirements of foreign exchange business premises and related facilities; (v) other prudent requirements as prescribed by the regulations of the CBRC. 63rd postal savings banks, State-owned commercial banks, joint-stock commercial banks ' applications for operating in addition to settlement and sale of foreign exchange business or increase other than Exchange business, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial banks to apply for foreign exchange business or increase in foreign exchange business, place of the CBRC local city or state banking regulatory Bureau accepted, the banking regulatory Board for review and decision.

The banking Board from receipt of complete application materials directly within 3 months from the date of acceptance or approve or disapprove the decision in writing.

Second section raised issued debt, and capital added tool 64th article in the funding commercial banks raised secondary regularly debt, and issued secondary bonds, and mixed capital debt, and financial debt and the law must by Silver prison will license of other debt, and capital added tool, should meet following conditions: (a) has good of company governance structure; (ii) main carefully regulatory index meet regulatory requirements; (three) loan risk classification results real accurate; (four) dial prepared coverage standard, loan loss prepared meter mention sufficient;

(E) the last 3 years no serious violations and major cases due to internal management issues, (vi) other prudent requirements as prescribed by the regulations of the CBRC. 65th applications for postal savings banks, State-owned commercial banks, joint-stock commercial bank raised subordinated term debt, apply for issuing subordinated bonds and hybrid capital bonds or financial bonds and other debt, capital, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Application of city commercial banks offering of subordinated term debts, applying for issuance of subordinated bonds, hybrid capital bonds and financial bonds and other debt, capital, the local banking regulatory Bureau to receive, review and make decisions.

CBRC home within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

Section III opening derivatives trading business in the 66th eligibility for Chinese commercial banks to start derivatives trading business is divided into the following two categories: (a) basic qualifications: only engaged in hedging derivatives, (ii) General qualifications: in addition to basic qualifications may engage in derivative transactions can also engage in non-hedging derivatives trading. 67th article in the funding commercial banks application opened based class derivative products trading business, should meet following conditions: (a) has sound of derivative products trading risk management system and internal control system; (ii) has accept related derivative products trading skills specifically training half above, and engaged in derivative products or related trading 2 years above of trading personnel at least 2 name, related risk management personnel at least 1 name, risk model research personnel or risk analysis personnel at least 1 name,

Familiar sets period accounting operation program and system specification of personnel at least 1 name, above personnel are needed designed gang hand, mutual shall not who, and no bad records; (three) has appropriate of trading places and equipment; (four) has processing legal Affairs and is responsible for internal control collection rules check of professional sector and the related professionals; (five) main carefully regulatory index meet regulatory requirements; (six) silver prison will regulations provides of other carefully sex conditions. 68th article in the funding commercial banks application opened general class derivative products trading business, except meet this approach 67th article provides of conditions outside, also should meet following conditions: (a) perfect of derivative products trading Qian, and in the, and background automatically joins of business processing system and real-time risk management system; (ii) derivative products trading business competent personnel should has 5 years above directly participation derivative products trading activities or risk management of qualifications, and no bad records; (three) strictly of business separation system,

Ensure that the business of hedging and non-hedging business marketing information, risk management, effective separation of profit and loss accounting (iv) improvement of credit risk, market risk, operational risk, risk management framework, (v) other prudent requirements as prescribed by the regulations of the CBRC. The 69th State-owned commercial banks, the postal savings bank, joint-stock commercial banks ' application for opening derivatives trading business, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial banks ' application for opening derivatives trading business, the local banking regulatory Bureau to receive, review and make decisions.

CBRC home within 3 months from the date of the acceptance to approve or disapprove the decision in writing. 70th fourth Festival to start credit card business credit card issuers apply for the credit card business of Chinese commercial banks are divided into application business and apply for acquiring business. Applicants should meet following conditions: (a) company governance good, main carefully regulatory index meet regulatory requirements, has and business development phase adapted of organization institutions and regulations, internal control, and risk management and asked accountability mechanism sound effective; (ii) reputation good, has perfect, and effective of internal control mechanism and case control system, recently 3 years no serious illegal violations behavior and for internal management problem led to of major case; (three) has meet served qualification conditions of Director, and Senior managers and qualified staff familiar with the Bank. Senior management personnel in the has credit card business expertise and management experience of personnel at least 1 people, has carried out credit card business must of technicians and management personnel, and full implementation grading authorized management; (four) has and business business phase adapted of business places, and related facilities and essential of information technology resources; (five) has in territory established meet legal regulations and business management requirements of business system, has guarantees related business system information security and run quality of technology capacity; (six) opened foreign currency credit card business of,

Shall be approved by the State administration of foreign exchange of foreign exchange, sales qualifications; (VII) other prudent requirements as prescribed by the regulations of the CBRC. 71st article in the funding commercial banks application opened credit card issuing business except should has this approach 70th article provides of conditions outside, also should meet following conditions: (a) has handle retail business of good based, recently 3 years personal save loan business scale and business structure stable, personal save loan business customer scale and customer structure good, bank card business run situation good, ID pieces validation system and levy letter system of connection and using situation good; (ii) has handle credit card business of professional system,

In territory built has issuing business host, and credit card business application management system, and credit assessment management system, and credit card account management system, and credit card trading authorized system, and credit card trading monitoring and counterfeiting trading warning system, and credit card customer service center system, and urged received business management system, professional operation based facilities, related facilities through has necessary of security monitoring and business test, can guarantees customer information and business data of integrity and security;

(C) in line with the overall business strategy and development plan of Chinese commercial banks will improve overall business competitiveness, according to actual business development continuing operating costs, basic break-even business monitoring and measurement, and so on. 72nd article in the funding commercial banks application opened credit card received single business except should has this approach 70th article provides of conditions outside, also should meet following conditions: (a) has opened received single business of good business based, recently 3 years enterprise loan business scale and business structure stable, enterprise loan business customer scale and customer structure more stable, ID pieces validation system and levy letter system connection and using situation good; (ii) has handle received single business of professional system support, in territory built has received single business host, and Special merchant application management system, and account management system, and received single trading monitoring and counterfeiting trading warning system, and trading authorized system, professional operation based facilities, related facilities through has necessary of security detection and business test, can guarantees customer information and business data of integrity and security; (three) meet in the funding commercial banks business business general strategy and development planning, conducive to improve business competition capacity, can according to business development reality continued carried out business cost measurement, and

Basic break-even business monitoring and measurement, and so on. The 73rd State-owned commercial banks, the postal savings bank, joint-stock commercial banks and apply for the credit card business, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Apply for the credit card business of city commercial banks, the local banking regulatory Bureau to receive, review and make decisions.

CBRC home within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Fifth section opened away from Bank Bank business 74th article in the funding commercial banks application opened away from Bank Bank business or increased business varieties, should meet following conditions: (a) main carefully regulatory index meet regulatory requirements; (ii) risk management and internal control system sound effective; (three) reached provides of exchange assets scale, and exchange business business performance good; (four) Exchange practitioners meet carried out away from Bank Bank business requirements, and in past business activities in the no bad records, which competent personnel should engaged in Exchange business 5 years above

Other 50% shall engage in foreign exchange business practitioners with at least 3 years (v) that complies with the requirements of the offshore banking business place and facilities; (vi) the last 3 years no serious violations and major cases due to internal management issues and (VII) other prudent requirements as prescribed by the regulations of the CBRC. The 75th State-owned commercial banks, the postal savings bank, joint-stock commercial banks ' applications for operating an offshore banking or increased business, accepted by the CBRC, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial banks increased applications for operating an offshore banking or business, the local banking regulatory Bureau to receive, review and make decisions.

CBRC home within 3 months from the date of the acceptance to approve or disapprove the decision in writing. Sixth section to apply for operating other businesses 76th State-owned commercial banks, the postal savings bank, joint-stock commercial banks ' applications for operating other businesses specified in the current regulations and, by the CBRC, examine and decide.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial banks ' applications for operating other businesses specified in the current regulations and, by the place of the CBRC local city or state banking regulatory Bureau accepted, the banking regulatory Board for review and decision.

The banking Board from receipt of complete application materials directly within 3 months from the date of acceptance or approve or disapprove the decision in writing.

77th article in the funding commercial banks application opened existing regulations not clear provides of business and varieties of, should meet following conditions: (a) company governance good, has and business development phase adapted of organization institutions and regulations, internal system, and risk management and asked accountability mechanism sound effective; (ii) and existing legal regulations not phase conflict; (three) main carefully regulatory index meet regulatory requirements; (four) meet Bank strategy development positioning and direction; (five) by Board agreed and issued written views;

(Six) has carried out business required of technicians and management personnel, and full implementation grading authorized management; (seven) has and business business phase adapted of business places and related facilities; (eight) has carried out the items business of necessary, and security and collection rules of information technology system, has guarantees information technology system effective security run of technology and measures; (nine) recently 3 years no serious illegal violations behavior and for internal management problem led to of major case; (ten) silver prison will regulations provides of other carefully sex conditions. State-owned commercial banks, the postal savings bank, joint-stock commercial banks to apply for start-up business and products mentioned in this article, by the CBRC, examine and decide.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing. City commercial banks ' applications for operating business and products mentioned in this article, by the local banking regulatory Bureau to receive, review and decision.

CBRC within 3 months from the date of the acceptance to approve or disapprove the decision in writing.

The sixth chapter directors and senior management of qualifications of the personnel licensing section of job qualifications, 78th in Chinese-funded commercial banks, Chairman, Vice Chairman, independent Director, and other members of the Board of Directors and Secretary of the Board, subject to the qualification license. In the funding commercial banks President, and Deputy President, and President Assistant, and risk Director, and collection rules Director, and total Audit Division, and Chief Accountant, and Chief Information Officer and with ranks senior management personnel, within trial sector, and financial sector head, head office sales General Manager (Director), and Deputy General Manager (Deputy Director), and General Manager Assistant, branch President, and Deputy President, and President Assistant, branch level franchise institutions General Manager, and Deputy General Manager, and General Manager Assistant, branch sales head, management type Branch President, and

Monopoly, branch and agency heads and other senior management personnel, subject to the qualification license.

Chinese commercial banks from the Chinese employed by overseas institutions of commercial banks in the territory, Chairman, Vice Chairman, the Governors (General Manager), Vice President (Vice President), the Chief shall be licensed by the qualification.

Others did not serve in these positions, but included in the practical implementation of the preceding three paragraphs of this section directors and responsibilities of senior management personnel, headquarters and branch office management for the Agency management, risk control personnel with decision-making power or influence, shall be licensed by the qualification.

79th article application in the funding commercial banks Director and senior management personnel served qualification, intends any people should meet following basic conditions: (a) has completely civil capacity; (ii) has good of law-abiding collection rules records; (three) has good of conduct, and reputation; (four) has served as intends any positions by needed of related knowledge, and experience and the capacity; (five) has good of economic, and financial practitioners records; (six) personal and the family financial sound; (seven) has served as intends any positions by needed of independence;

(H) to fulfil the faithfulness and diligence of financial institutions. 80th article intends any people has following case one of of, considered not meet this approach 79th article subsection (ii) items, and subsection (three) items, and subsection (five) items provides of conditions, shall not served as in the funding commercial banks Director and senior management personnel: (a) has deliberately or major fault crime records of; (ii) has violation social morality of bad behavior, caused bad effect of; (three) on had served institutions illegal violations business activities or major loss has personal responsibility or directly led responsibility, plot serious of; (four) served as or had any was took over , And revoked, and declared bankruptcy or revoked license of institutions of Director or senior management personnel of, but can proved I on had served institutions was took over, and revoked, and declared bankruptcy or revoked license not has personal responsibility of except; (five) for violation ethics, and conduct or work serious dereliction of, caused major loss or bad effect of; (six) directed, and participation by served institutions not tie law regulatory or case investigation of; (seven) was canceled lifelong of Director and senior management personnel served qualification,

Or by regulators or other penalties total more than 2 times the financial management Department; (VIII) does not have the qualifications as provided herein, improper means to obtain the qualification approval. 81st article intends any people has following case one of of, considered not meet this approach 79th article subsection (six) items, and subsection (seven) items provides of conditions, shall not served as in the funding commercial banks Director and senior management personnel: (a) as application served qualification Shi, I or its spouse still has amounts larger of late debt failed to reimbursement, including but not limited to in the financial institutions of late loan; (ii) I and near relatives merged holds the financial institutions 5% above shares, And from the financial institutions get of award letter total obviously over its holding some the financial institutions equity net; (three) I and by holding of shareholders units merged holds the financial institutions 5% above shares, and from the financial institutions get of award letter total obviously over its holding some the financial institutions equity net; (four) I or its spouse in holds the financial institutions 5% above shares of shareholders units served, and the shareholders units from the financial institutions get of award letter total obviously over its holding some the financial institutions equity net,

But to prove that credit has no connection with their spouses except for (v) there are other positions in the financial institution to be appointed, current functions have obvious conflicts of interest, or clearly separated in the financial institutions duty time and energy.

82nd article application in the funding commercial banks Director served qualification, intends any people except should meet this approach 79th article provides conditions outside, also should has following conditions: (a) 5 years above of legal, and economic, and financial, and financial or other conducive to perform Director duties of work experience; (ii) can using financial institutions of financial report and statistics report judge financial institutions of business management and risk status; (three) understand intends served institutions of company governance structure, and company articles and Board duties.

Eligibility criteria for independent directors of Chinese Commercial Bank, also to be appointed should be legal, economic, financial or accounting specialists, and in accordance with the relevant regulations.

83rd article except shall not exists 80th article, and 81st article by column case outside, in the funding commercial banks intends any independent Director also shall not exists following case: (a) I and near relatives merged holds the financial institutions 1% above shares or equity; (ii) I or its near relatives in holds the financial institutions 1% above shares or equity of shareholders units served; (three) I or its near relatives in the financial institutions, and the financial institutions holding or actual control of institutions served;

(Four) I or its near relatives in cannot regular reimbursement the financial institutions loan of institutions served; (five) I or its near relatives served of institutions and I intends served financial institutions Zhijian exists for legal, and accounting, and audit, and management advisory, and guarantees cooperation, aspects of business contact or claims debt, aspects of interests relationship, that hamper its shoe vocational independence of case; (six) I or its near relatives may was intends served financial institutions big shareholders, and executives layer control or imposed major effect, that hamper its shoe vocational independence of other case. 84th article application in the funding commercial banks Chairman, and Deputy Chairman and Board Secretary served qualification, intends any people except should meet 79th article, and 82nd article provides conditions outside, also should respectively meet following conditions: (a) intends any State-owned commercial banks, and postal savings bank, and joint-stock commercial banks Chairman, and Deputy Chairman, should has undergraduate above degree, engaged in financial work 8 years above, or engaged in related economic work 12 years above (which engaged in financial work 5 years above). Intends any city commercial banks Chairman, and Deputy Chairman, should has undergraduate above degree, engaged in financial work 6 years above, or engaged in related economic work 10 years above (which engaged in financial work 3 years above); (ii) intends any State-owned commercial banks, and postal savings bank, and joint-stock commercial banks Board Secretary of, should has undergraduate above degree, engaged in financial work 6 years above, or engaged in related economic work 10 years above (which engaged in financial work 3 years above).

Intends any city commercial banks Board Secretary of, should has undergraduate above degree, engaged in financial work 4 years above, or engaged in related economic work 8 years above (which engaged in financial work 2 years above); (three) intends any in the funding commercial banks outside institutions Chairman, and Deputy Chairman, should has undergraduate above degree, engaged in financial work 6 years above, or engaged in related economic work 10 years above (which engaged in financial work 3 years above), and can more skilled to using 1 door and by any positions phase adapted of language.

Section 85th for Chinese commercial banks ' senior managers in all kinds of qualifications, people should be aware of the duties of the position to be appointed to be appointed, familiar with the proposed agency's regulatory framework, business model, known as the proposed agency's internal control system, with the risk management capacity commensurate with the proposed position. 86th article application in the funding commercial banks corporate institutions senior management personnel served qualification, intends any people except should meet 79th article, and 85th article provides of conditions outside, also should meet following conditions: (a) intends any State-owned commercial banks, and postal savings bank, and joint-stock commercial banks President, and Deputy President of, should has undergraduate above degree, engaged in financial work 8 years above, or engaged in related economic work 12 years above (which engaged in financial work 4 years above); (ii) intends any city commercial banks President, and Deputy President of, should has undergraduate above degree, engaged in financial work 6 years above, or engaged in related economic work 10 years above (which engaged in financial work 3 years above); (three) intends any State-owned commercial banks, and postal savings bank, and joint-stock commercial banks President Assistant (General Manager Assistant) of, should has undergraduate above degree, engaged in financial work 6 years above, or engaged in related economic work 10 years above (which engaged in financial work 3 years above); intends any city commercial banks President Assistant of,

Should has undergraduate above degree, engaged in financial work 4 years above, or engaged in related economic work 8 years above (which engaged in financial work 2 years above); (four) intends any in the funding commercial banks outside institutions President (General Manager), and Deputy President (Deputy General Manager), and representative at Chief of, should has undergraduate above degree, engaged in financial work 6 years above, or engaged in related economic work 10 years above (which engaged in financial work 3 years above), and can more skilled to using 1 door and by any positions phase adapted of language; (Five) intends any risk Director of, should has undergraduate above degree, and engaged in credit or risk management related work 6 years above; (six) intends any collection rules Director of, should has undergraduate above degree, and engaged in related economic work 6 years above (which engaged in financial work 2 years above); (seven) intends any total Audit Division, and within trial sector head of, should has undergraduate above degree, made national or international recognized of audit professional technology senior titles (or through national or international recognized of accounting, and Audit professional technology Qualification exam), and engaged in financial, and accounting or audit work 6 years above (which engaged in financial work 2 years above); (eight) intends any chief accountant or financial sector head of, should has undergraduate above degree, made national or international recognized of accounting professional technology senior titles (or through national or international recognized of accounting professional technology Qualification exam), and engaged in financial, and accounting or audit work 6 years above (which engaged in financial work 2 years above); (nine) intends any chief information officer of,

Should have Bachelor degree and work in information technology for 6 years (any more than 4 years in senior management positions in information technology and finance for more than 2 years), practical implementation of the aforementioned officers in senior management positions, each Party shall comply with the corresponding conditions. 87th article application in the funding commercial banks branch institutions senior management personnel served qualification, intends any people except should meet 79th article, and 85th article provides of conditions outside, also should meet following conditions: (a) intends any State-owned commercial banks, and post savings bank level branch (directly under the branch) President, and Deputy President, and President Assistant, head office sales General Manager (Director), and Deputy General Manager (Deputy Director), and General Manager Assistant, branch level franchise institutions General Manager, and Deputy General Manager of, should has undergraduate above degree, Engaged in financial work 6 years above or engaged in economic work 10 years above (which engaged in financial work 3 years above); (ii) intends any State-owned commercial banks, and post savings bank II level branch President, and Deputy President, and President Assistant of, should has College above degree, engaged in financial work 5 years above or engaged in economic work 9 years above (which engaged in financial work 2 years above); (three) intends any joint-stock commercial banks branch (offsite directly under the branch) President, and Deputy President, and President Assistant, head office sales General Manager (Director), and Deputy General Manager (Deputy Director), and General Manager Assistant, branch level franchise institutions General Manager, and Deputy General Manager of, should has undergraduate above degree, engaged in financial work 5 years above or engaged in economic work 9 years above (which engaged in financial work 2 years above); (four) intends any city commercial banks branch President, and Deputy President, and President Assistant, head office sales General Manager (Director), and Deputy General Manager (Deputy Director), and General Manager Assistant, branch level franchise institutions General Manager, and Deputy General Manager of, should has undergraduate above degree,

Engaged in financial work engaged in economic work for more than 4 years, or 8 years (of which engaged in financial work for more than 2 years), and (v) Management Branch of Chinese Commercial Bank to be appointed President of branch or franchise institutions in charge, should have a college education, engaged in financial work engaged in economic work for more than 4 years, or 8 years (of which engaged in financial work for more than 2 years). The 88th person to be appointed does not meet the above requirements, but made the National Administrative Department for education at approved institutions granting Bachelor deemed to meet academic requirements.
The 89th person to be appointed does not meet the above requirements, but access to certified public accountants, registered Auditors or to positions of senior professional and technical qualification deemed to meet academic requirements, qualification requirements should increase financial working experience in 4 years. Section II qualifications for licensing the 90th State-owned commercial banks, the postal savings bank, joint-stock commercial bank Corporation and head office sales directors and senior management personnel qualifications applied for, by the institution submitted to the CBRC, accepted by the CBRC, review and decision.

Within 30th since the date of acceptance of the CBRC approved or not approved a written decision. 91st level of State-owned commercial banks, the postal savings bank, joint-stock commercial bank branches (branches), branch-level exclusive agency senior management personnel qualifications applied for, appointment and dismissal by the superior of the person to be appointed bodies submitted to the proposed local banking regulatory Bureau, accepted by the banking regulatory Bureau, review and decision.

Banking Board from the date of acceptance in the 30th to approve or not to approve of the written decision. The 92nd State-owned commercial banks, the postal savings bank, second-level branch of joint-stock commercial banks and the following agencies, city commercial bank branch, branch-level exclusive agency branch senior management personnel qualifications applied for, appointment and dismissal by the superior of the person to be appointed bodies submitted to the proposed place of the CBRC, accepted by the CBRC, review and decision.

CBRC with effect from the date of acceptance in the 30th to approve or not to approve of the written decision. Proposed establishment is located in the first paragraph of this article is not of the CBRC, by the person to be appointed superior to the proposed appointment and removal of bodies of local banking regulatory Bureau submit qualification application.

By the banking regulatory Bureau to receive, review and decision. 93rd city Commercial Bank Corporation, branch, branch-level exclusive agency directors and senior management personnel qualifications applied for, by the Corporation to the proposed place of the CBRC submitted by city or state banking regulatory Bureau, from its preliminary review, the banking regulatory Board for review and decision.

The banking Board from receipt of complete application materials or handled directly within 30th of approve or not to approve of the written decision. The 94th State-owned commercial banks, the postal savings bank, joint-stock commercial bank from the Chinese employed by overseas institutions of commercial banks in the territory, Chairman, Vice Chairman, the Governors (General Manager), Vice President (Vice President) qualification applications submitted by the Corporation to the China Banking Regulatory Commission, China Banking Regulatory Commission will receive, review and make decisions.

Within 30th since the date of acceptance of the CBRC approved or not approved a written decision. City commercial bank from the Chinese employed by overseas institutions of commercial banks in the territory, Chairman, Vice Chairman, the Governors (General Manager), Vice President (Vice President) qualification applications submitted by the Corporation to the local banking regulatory Bureau, banking regulatory Bureau to receive, review and make decisions.

Acceptance of CBRC is located within 30th of approve or not to approve of the written decision.

95th who served as a financial institution to be appointed Chairman or senior management personnel, qualifications of the applicants submitted application materials, should also be submitted to the person to be appointed to the outgoing audit report or economic responsibility auditing report. 96th Executive qualifications and did not break serve for 1 year in a row over the person to be appointed within the same legal entity, parallel duties or became a low duty of a similar nature, do not need to reapply for approval of qualifications.

People should to be appointed after the 5th report to the location of the working bodies of the CBRC. 97th article in the funding commercial banks Chairman, and President, and branch President, and branch level franchise institutions General Manager, and management type Branch President, and franchise institutions branch institutions head, in the funding commercial banks from territory hired of in the funding commercial banks outside institutions Chairman, and President (General Manager), and representative at Chief any of vocational qualification not was approved Qian, in the funding commercial banks should specified meet corresponding served qualification conditions of personnel on behalf of shoe vocational, and since specified of day up 3rd within to is responsible for served qualification audit of organ report.

Duties on his behalf does not meet the qualifications of the personnel, regulators ordered Chinese banks to adjust within took the duties of personnel. Duty hours shall not exceed 6 months.

Chinese commercial banks shall, within 6 months of employing personnel with qualifications officially. Seventh chapter supplementary articles article 98th institutional change licensing matters,-funded commercial banks shall make a decision on the administrative license within 6 months from the date of completion of the change and to authorities and local bodies of the CBRC report.

Qualifications of Directors and senior management license, be appointed who shall make a decision on the administrative license within 3 months from the date of arrival and to the authorities and local bodies of the CBRC report.

Is not completed within the time limit prescribed in the preceding paragraph changes or any of, the licensing file failure, by the authorities for the cancellation of administrative licensing procedures.

99th Chinese commercial banks to set up, change and termination issues, involving amendment of registration of industry and commerce, taxation, and legal procedures, should be completed within 1 month of the change of the CBRC report or its agency.

100th permission of policy-oriented banking institutions, directors and senior management personnel qualifications for licensing requirements and procedures, reference to the relevant provisions of the State-owned commercial banks in these measures.

101th-funded commercial banks from overseas Chinese commercial banks employ overseas agency Chairman, Vice Chairman and other senior managers are not included in the present approach to the management, in accordance with the jurisdictional supervision of Chinese commercial banks country (region) of relevant laws and regulations related to work, after the officer shall report to the CBRC on 5th.

102th article this approach by said level branch is refers to in commercial banks corporate institutions of directly authorized Xia carried out work, in institutions management, and business management, and personnel management, daily business management in the directly or main accept corporate institutions guide or jurisdiction and on its is responsible for of branch; II level branch is refers to not directly accept commercial banks corporate institutions guide or authorized carried out work, in institutions management, and business management, and personnel management, daily business management in the directly or main accept superior branch of guide or jurisdiction and on its is responsible for of branch.

103th management branch in these measures refers to, in addition to other than their own, the following branches of other branches or sub-branches in organization management, business management, personnel management, has some or all of the jurisdiction of the branch.

104th in this way "above" all contain the number or level.

105th explain these measures by the CBRC. 106th these measures come into force on the date of promulgation, the China Banking Regulatory Commission, measures for the implementation of administrative licensing matters concerning Chinese commercial banks (the China Banking Regulatory Commission in 2013, 1th) repealed simultaneously.

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