What are the duties of bank supervisors?

Board of supervisors of commercial banks

The Board of Supervisors of commercial banks is the permanent supervision institution of commercial banks. The Board of Supervisors exercises the right of supervision and inspection over all businesses operated by the Bank and the behaviors of senior staff, so as to ensure the implementation of various policies of the Bank and prevent the Board of Directors from abusing their powers to harm the interests of the Bank and customers. The board of supervisors and the board of directors are in parallel and are responsible to the shareholders' meeting. Moreover, the supervision and inspection of banks is more authoritative than the special committees under the board of directors. The board of supervisors is the internal supervision organization of commercial banks and is responsible to the shareholders' meeting. In addition to performing their duties in accordance with the Company Law and other laws and regulations and the articles of association of commercial banks, they should also focus on the following matters:

The board of supervisors has committees and responsibilities.

According to Article 34 of the Guidelines for Corporate Governance of Commercial Banks

The board of supervisors may set up a nomination committee and a supervision committee according to the situation.

The Nomination Committee is responsible for drafting the procedures and standards for the selection and appointment of supervisors, conducting preliminary examination on the qualifications of supervisors' candidates, and making suggestions to the Board of Supervisors; Supervise the selection and appointment procedures of directors; Comprehensively evaluate the performance of directors, supervisors and senior managers, and report to the board of supervisors; Supervise the scientific and reasonable salary management system and policies of the whole bank and the salary scheme of senior managers.

In principle, the nomination committee shall be chaired by an external supervisor.

The Board of Supervisors is responsible for formulating the supervision plan and implementing relevant inspections on the financial activities of the Bank, supervising the Board of Directors to establish and improve the business philosophy, value standards and development strategy in line with the actual situation of the Bank, and supervising and inspecting the business decision-making, risk management and internal control of the Bank.

Duties and powers of the board of supervisors

1. Supervise the financial, legal operation and performance of duties of the board of directors and management of the Bank from the perspective of safeguarding the interests of depositors and shareholders;

2. The Board of Supervisors inspects and supervises the Bank's operating conditions, financial activities and the performance of directors and senior management by holding regular meetings, attending and reviewing various documents submitted by the Bank, listening to management's work reports and special reports, and conducting research and inspection, and makes annual evaluation on the performance of directors;

3. Responsible for supervising whether directors, managers and other management personnel violate laws, regulations, bank articles of association and resolutions of shareholders' meeting;

4. Responsible for checking the bank's business and financial status, and consulting account books and other accounting materials;

5. Be responsible for reviewing financial information such as accounting report, operating report and profit distribution submitted by the board of directors to the shareholders' meeting;

6. In case of doubt, you can entrust a certified public accountant and an executive auditor to help recheck in the name of the bank;

7. Supervise the board of directors to establish and improve business philosophy and value standards, and formulate development strategies that are in line with the actual situation of the Bank;

8. Regularly evaluate the scientificity, rationality and effectiveness of the development strategy formulated by the board of directors, and form an evaluation report; Supervise and inspect the bank's business decision-making, risk management and internal control, and urge rectification;

9. Supervise the selection and appointment procedures of directors;

10. Comprehensively evaluate the performance of duties of directors, supervisors and senior managers;

1 1. Supervise the scientific and reasonable salary management system and policies of the whole bank and the salary scheme for senior managers;

12. Communicate with the banking regulatory authorities on commercial banks on a regular basis.

13. Ask directors and senior managers to correct their actions when they harm the interests of the company;

14. Propose to convene an interim shareholders' meeting, and convene and preside over the shareholders' meeting when the board of directors fails to perform its duties as stipulated in this Law;

15. Submit the proposal to the shareholders' meeting.

.............., others.