Financial Supervision and Management Bureau: Commercial banks should carry out daily fair value reassessment of their trading book instruments.
The China Banking Regulatory Commission has issued the "Commercial Bank Market Risk Management Measures", which stipulates that commercial banks should conduct daily fair value reassessment of trading book instruments. The fair value reassessment should be undertaken by a risk management department, financial accounting department, or other relevant functional departments or personnel independent of the business operations department. Pricing factors used for fair value reassessment should be obtained from sources independent of the business operations department or verified independently.
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