Bank account management for central budget units is facing tighter oversight. The Tianjin Regulatory Bureau of the Ministry of Finance has recently deployed a series of measures, forming a complete closed loop from routine approval and annual inspections to rectifications, aiming to prevent violations at source and reinforce budgetary discipline.
As the first gate of fund supervision, account opening has adopted a list-based approval process. The bureau issued the Detailed Implementation Rules for Bank Account Management of Central Budget Units in Tianjin, translating policy requirements into a clear list of required documents, achieving one-time notification and improving review efficiency. Applications without policy basis or actual business needs are resolutely rejected.
In daily management, the bureau emphasizes policy dissemination and early warning mechanisms. Through platforms such as joint Party branch learning, it conducts policy lectures and on-site guidance to address non-standard operations. Simultaneously, relying on the central integrated budget management system, it focuses on early warnings related to large fund transfers, appropriations to specific accounts, and unauthorized fund usage, promptly verifying and handling them to prevent misappropriation and cash-out risks.
Annual account inspection is positioned as a key link to identify idle accounts and risks. The bureau has refined a biennial inspection mechanism, established detailed classification ledgers, and prioritized units with previous inspection failures, frequent account changes, or frequent issues in budget execution supervision. By integrating regulatory data across stages, it cross-verifies account information with fund flows and budget execution, building a full-chain supervision network. The service model has been fully upgraded to online processing, supporting mailed materials to achieve zero-travel, while organizing offline learning to clarify requirements. The regulatory approach has shifted from a single-department effort to multi-party collaboration, actively learning from peer regulators and conducting special training to pool efforts.
For identified problems, the bureau has established a list-based rectification process to prevent recurrence. Inspection results are linked to subsequent budget review, execution supervision, and disciplinary checks, with follow-up reviews to ensure rectification. It also promotes a shift from passive rectification to proactive governance among budget units, improving long-term institutions.
Going forward, the bureau will explore integrating information technology with traditional supervision, establishing a sound long-term mechanism to ensure fiscal funds operate safely, normatively, and efficiently within compliant accounts.