The term "local financial organizations" as mentioned in these Regulations refers to microfinance companies, financing guarantee companies, regional equity markets, pawn shops, financial leasing companies, commercial factoring companies, local asset management companies and other organizations engaged in financial business authorized by laws, administrative regulations and the State Council to be supervised and managed by local people's governments. Article 3 Local financial work shall follow the principles of safety, prudence, standardization and orderly development, adhere to serving the real economy, prevent and control financial risks, deepen financial reform, and promote the high-quality development of financial services economy and society. Article 4 The provincial people's government shall, under the guidance and supervision of the State Council Financial Stability and Development Committee, strengthen its leadership over local financial work in the province, establish and improve the deliberation and coordination mechanism of provincial financial work, make overall plans for major issues of local financial reform, development and stability, and implement the responsibility of local financial supervision and management and territorial financial risk prevention and disposal.
The deliberation and coordination mechanism of provincial financial work should be connected with the local coordination mechanism of the Office of the State Council Financial Stability and Development Committee, and cooperate with the improvement of financial cooperation mechanisms such as central and local financial supervision and management, risk disposal, information sharing and consumer rights protection to study major issues in local financial work.
The people's governments of cities and counties (cities, districts) divided into districts shall strengthen their leadership over local financial work within their respective administrative areas, enhance the ability of local financial supervision and management, and assume territorial responsibility for preventing and handling financial risks in accordance with regulations. Article 5 Provincial local financial supervision and management departments shall be responsible for the supervision and management of local financial organizations and related financial activities in this province, and the local financial supervision and management departments of cities and counties (cities, districts) with districts shall do relevant specific work under the guidance of provincial local financial supervision and management departments.
The relevant departments of the local people's governments at or above the county level shall do a good job in local finance related work according to their respective responsibilities.
The local financial supervision and administration department as mentioned in these Regulations refers to the administrative organ established or designated by the local people's government at or above the county level to undertake the relevant duties of local financial supervision and administration within its administrative region. Article 6 The provincial people's government shall organize the construction of a unified local financial information system in the province, collect local financial supervision and management information, realize information interconnection and sharing by relying on the provincial big data sharing and exchange platform, and improve the informatization level of local financial supervision and management and financial risk monitoring and early warning analysis. Article 7 Local financial institutions shall carry out financial activities according to law, serve the real economy, fulfill their social responsibilities, operate independently and bear their own risks, and implement financial risk prevention and resolution of main responsibilities. Eighth local people's governments at or above the county level may, in accordance with the relevant provisions of the state and the province, commend organizations and individuals that have made outstanding contributions to local financial work. Article 9 The local people's governments at or above the county level and their local financial supervision and management departments shall carry out publicity and education on normalized financial laws and regulations and related knowledge, advocate the concept of rational financial consumption, and improve the public's awareness of financial risk prevention and their ability to identify illegal financial activities.
Radio, television, newspapers, internet and other media should carry out public welfare propaganda to prevent financial risks and strengthen supervision by public opinion. Article 10 This province promotes the construction of financial cooperation mechanism in the Yangtze River Delta region and with other provinces (autonomous regions and municipalities directly under the Central Government), and strengthens information sharing and collaborative linkage in local financial supervision and management, financial innovation, financial risk prevention and disposal, etc. Chapter II Local Financial Institutions Article 11 The establishment of local financial institutions shall, in accordance with laws, administrative regulations and state regulations, obtain relevant financial business licenses or business qualifications upon approval.
Without approval, no organization or individual may engage in or engage in the business activities of local financial organizations in disguise. Article 12 A local financial institution shall file the following matters with the local financial supervision and regulation department:
(1) Establishing branches;
(2) Merger and division;
(3) Changing its name, business scope, business area, domicile and registered capital;
(4) Changing the legal representative, actual controller, controlling shareholder, major shareholder, directors, supervisors and senior management personnel;
(five) other major matters that should be put on record as stipulated by the state and the province.
Where the matters specified in the preceding paragraph require examination and approval or are otherwise stipulated by the state, such provisions shall prevail. Thirteenth local financial organizations to carry out the following business according to law, should be filed with the local financial supervision and regulation department:
(1) Financial business supervised and managed by the financial management department of the State Council;
(2) Financial information services supervised and managed by the network information department;
(three) other businesses that should be filed as stipulated by the state and the province. Article 14 The local financial supervision and management department at the provincial level shall establish the information publicity system of local financial institutions, so as to publicize the list of local financial institutions and their relevant licenses, business qualifications and filing information in a way that is convenient for the public to know, and make dynamic updates.