People's Bank of China released its Q2 2026 monetary policy implementation
report, flagging a push to build a comprehensive macroprudential management
system and enrich the macroprudential policy toolkit. From macro,
countercyclical and contagion‑prevention perspectives it will strengthen
monitoring, assessment and early‑warning of systemic financial risks and broadening
macroprudential coverage. The central bank said it will expand macroprudential coverage.
and financial‑stability functions, innovate financial instruments to preserve
market stability, and deepen macroprudential oversight of systemically important
financial institutions, progressively extending additional supervisory measures
into the non‑bank sector. For systematically important banks it will reinforce
add‑on supervision, require selected banks to improve recovery and resolution
plans, explore forward‑looking risk‑management guidance, and bolster
cross‑border crisis‑management group arrangements and supervisory
information‑sharing for globally systemically important banks.
