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InterimMeasuresonInformationDisclosureofCommercialBanksOrderNo.6ofthePeople'sBankofChinaMay15,2002ChapterIGeneralProvisionsArticle1TheserulesareformulatedonthebasisofLawonthePeople'sbankofChinaofthePeople'sRepublicofChinaandCommercialBankingLawofthePeople'sBankofChina,whichaimtostrengthenmarketdisciplineofcommercialbanks,standardizeinformationdisclosureofcommercialbanks,effectivelysafeguardlegitimateinterestsofdepositorsandotherstakeholdersandpromotesafe,soundandefficientoperationofcommercialbanks.Article2TheserulesaretobeappliedtocommercialbanksthatareestablishedlegallywithintheterritoryofthePeople'sRepublicofChina,includingdomesticcommercialbanks,whollyforeignfundedbanks,jointventurebanksandbranchesofforeignbanks.Article3Commercialbanksshoulddiscloseinformationaccordingtotheserules,whicharetheminimumrequirementsforcommercialbanks'informationdisclosure.Whileabidingbytheserules,commercialbankscandisclosemoreinformationthanwhathasbeenrequiredbytheserulesattheirowndiscretion.Inadditiontotheserules,listedcommercialbanksshouldalsoconformtorelevantinformationdisclosurerulespublishedbyregulatorybodyofthesecuritiesindustry.Article4Informationdisclosureofcommercialbanksshouldbeproceededconsistentwithlawsandregulations,theuniformdomesticaccountingrulesandrelevantrulesofthePBC.Article5Commercialbanksshoulddiscloseinformationinastandardizedfashion,whileensuringauthenticity,accuracy,integrityandcomparability.Article6Annualfinancialstatementsdisclosedbycommercialbanksshouldbesubjecttoauditingbyaccountingfirmsthatarecertifiedtobeengagedinfinance-relatedauditing.Article7ThePeople'sBankofChinaistosupervisecommercialbanks'informationdisclosureaccordingtorelevantlawsandregulations.ChapterIIInformationtobeDisclosedArticle8Commercialbanksshoulddisclosefinancialstatements,andinformationonriskmanagement,corporategovernanceandbigeventsoftheyearaccordingtotheserules.Article9Commercialbanks'financialstatementsshouldincludeaccountingreport,annexandnotestothisreportanddescriptionoffinancialposition.Article10Accountingreportdisclosedbycommercialbanksshouldincludebalancesheet,statementofincome(profitandlossaccount),statementofowner'sequityandotheradditionalcharts.Article11Commercialbanksshouldindicateinconsistencebetweenthebasisofpreparationandthebasicpreconditionsofaccountingintheirnotestotheaccountingreport.Article12Commercialbanksshouldexplainintheirnotestotheaccountingreporttheimportantpolicyofaccountingandaccountingestimates,including:Accountingstandards,accountingyear,reportingcurrency,accountingbasisandvaluationprinciples;Typeandscopeofloans;Accountingrulesforinvestment;Scopeandmethodofprovisionsagainstassetlosses;Principleandmethodofincomerecognition;Valuationmethodforfinancialderivatives;Conversionmethodforforeigncurrencybusinessandaccountingreport;Preparationmethodforconsolidatedaccountingreport;Valuationanddepreciationmethodforfixedassets;Valuationmethodandamortizationpolicyforintangibleassets;Amortizationpolicyforlong-termdeferredexpenses;Accountingpracticeforincometax.Article13Commercialbanksshouldindicateintheirnotestotheaccountingreportcrucialchangesofaccountingpolicyandestimates,contingentitemsandpost-balancesheetitems,transferandsaleofimportantassets.Article14Commercialbanksshouldindicateintheirannexandnotestotheaccountingreportthetotalvolumeofrelatedpartytransactionsandmajorrelatedpartytransactions.Majorrelatedpartytransactionsrefertothosewithtradingvolumeexceeding30millionyuanor1%oftotalnetassetsofthecommercialbank.Article15Commercialbanksshouldindicateintheirnotestotheaccountingreportdetailedbreakdownofkeycategoriesintheaccountingreport,including:(1)Duefrombanksbythebreakdownofdomesticandoverseasmarkets.(2)Interbanklendingbythebreakdownofdomesticandoverseasmarkets.(3)Outstandingbalanceofloansatthebeginningandtheendoftheaccountingyearbythebreakdownofcredibilityloans,committedloans,collateralizedloansandpledgedloans.(4)Non-performingloansatthebeginningandendoftheaccountingyearresultedfromtherisk-basedloanclassification.(5)Provisionsforloanlossesatthebeginningandtheendoftheaccountingyear,newprovisions,returnedprovisionsandwrite-offsintheaccountingyear.Generalprovisions,specificprovisionsandspecialprovisionsshouldbedisclosedseparately.(6)Outstandingbalanceandchangesofinterestreceivables.(7)Investmentatthebeginningandtheendoftheaccountingyearbyinstruments.(8)Interbankborrowingindomesticandoverseasmarkets.(9)Calculation,outstandingbalanceandchangesofinterestpayables.(10)Year-endoutstandingbalanceandotherdetailsofoff-balancesheetcategories,includingbankacceptancebills,externalguarantees,lettersofguaranteeforfinancingpurposes,lettersofguaranteefornon-financingpurposes,loancommitments,lettersofcredit(spot),lettersofcredit(forward),financialfutures,financialoptions,etc.(11)Otherkeycategories.Article16Commercialbanksshoulddiscloseintheirnotestotheaccountingreportstatusofcapitaladequacy,includingtotalvalueofriskassets,amountandstructureofnetcapital,corecapitaladequacyratioandcapitaladequacyratio.Article17Commercialbanksshoulddi