National Financial Regulatory Administration, Measures for the Administration of Market Risks of Commercial Banks

Applicability: For the purposes of these Measures, the term “market risk” means the risk of a loss incurred by a commercial bank in its on-balance-sheet or off-balance-sheet business due to an adverse change in a market price (interest rate, exchange rate, stock price or commodity price). market risks exist both in a bank’s trading and non-trading business. Market risk herein does not include interest rate risk in the banking book, which is governed by the Guidelines for the Management by Commercial Banks of the Interest Rate Risk in the Banking Book (Revised) (Article 3).