Chinanews.com client, Beijing, November 3 (Reporter Li Jinlei) Internet microfinance will usher in heavy new regulations.
On the evening of November 2, the China Banking and Insurance Regulatory Commission and the People's Bank of China issued the "Interim Measures for the Administration of Online Small Loans (Draft for Comment)" to solicit public opinions.
The online microfinance industry will usher in a reshuffle.
The renminbi is placed neatly, waiting to be packed and sent to the vault.
(Data Map) Photo by Ai Qinglong
Do not carry out online micro-loan business across provinces
According to the consultation draft, the microfinance company's online microfinance business should mainly be carried out in the provincial administrative area of the registration place; without the approval of the banking regulatory agency of the State Council, the microfinance company shall not conduct network across provincial administrative areas Small loan business.
For very few small loan companies that need to carry out online small loan business across provincial administrative regions, the banking regulatory agency of the State Council is responsible for review and approval, supervision and management, and risk management.
Regarding the rectification and reform of existing cross-regional businesses, the draft for comments proposes that during the three-year transition period, microfinance companies that have not obtained the qualifications to operate cross-provincial administrative regions network microfinance business should apply for cross-provincial administrative region network microfinance The balance and the number of loan households are controlled within the scale of the stock, and the decline is reduced in an orderly manner and gradually cleared.
The operating license is valid for 3 years
The draft for comments clarified that the supervision and management department or the banking regulatory agency of the State Council shall issue and announce the online microfinance business license to the microfinance company approved to operate the online microfinance business in accordance with the law.
Among them, the online microfinance business license is valid for 3 years from the date of issuance.
If a small loan company intends to continue to engage in the business after the expiration of the online small loan business license, it shall submit an application for renewal to the license issuing department within 90 days before the expiration.
If the license issuance department approves the renewal, the validity period of each renewal is 3 years.
The bank staff counts the work situation map.
(Data Map) Photo by Ai Qinglong
Personal online micro-loans must not exceed 300,000 yuan
According to the draft, the microfinance company operating online microfinance business should reasonably determine the loan amount and term based on the borrower’s income level, overall liabilities, asset status and other factors, so that the borrower’s repayment in each installment does not exceed its repayment. Money capacity.
In principle, the balance of single-family online micro-loans for natural persons shall not exceed RMB 300,000, and shall not exceed one third of their average annual income in the last three years. The lower of the two amounts is the maximum loan amount; In principle, the balance of single-account online small loans of legal persons or other organizations and their related parties shall not exceed RMB 1 million.
Online micro-loans cannot be used for stock trading to buy houses
For users, after they get an online microloan, they can't do anything they want, and their uses are also limited.
The Draft for Opinions proposes that online micro-loans shall not be used for the following purposes: (1) Investment in bonds, stocks, financial derivatives, asset management products, etc.; (2) House purchase and repayment of housing mortgage loans; (3) Laws and regulations, the State Council Other purposes prohibited by the banking regulatory agency and regulatory authority.
Data map: Buyers are buying or consulting a real estate in Beijing Yizhuang.
The minimum contribution ratio of a single joint loan shall not be less than 30%
The draft for comments proposes that microfinance companies operating online microfinance business should not exceed 1 times their net assets through bank loans, shareholder loans and other non-standard financing forms; through the issuance of bonds, asset securitization products and other standardization The balance of funds deposited in the form of debt assets shall not exceed 4 times its net assets.
In a single joint loan, the proportion of capital contribution of a small loan company operating online small loan business shall not be less than 30%.
Prohibition of inducing borrowers to over-debt
According to the draft, business handling should follow the principle of openness and transparency, fully fulfill the obligation of notification, so that the borrower can clearly understand the loan amount, term, price, repayment method, etc., and specify it in the contract.
It is prohibited to induce borrowers to over-debt.
It is prohibited to collect loans through violence, intimidation, insult, slander, or harassment.
It is forbidden to collect, store, and use customer information without authorization or consent, and it is prohibited to illegally trade or disclose customer information.
Funds must enter the only special loan account before lending
According to the draft, microfinance companies operating online microfinance business should strengthen fund management, and implement special account management for loan funds (including their own funds and external funds). All funds must enter the only special loan account before lending .
Moreover, special loan accounts need to have the ability to deposit and withdraw funds to support the online microfinance business.
A small loan company shall report to the supervision and management department for the special loan account, and provide periodic reports on the operation of the special loan account and a detailed account of funds issued by the bank that opened the account.
(Finish)