The competent units of microfinance companies are: China Banking Regulatory Commission and China People's Bank. In May 2008, the CBRC and the People's Bank of China jointly issued the Guiding Opinions on the Pilot Project of Small Loan Companies, which clarified the nature of small loan companies. Microfinance companies are limited liability companies or joint stock limited companies established by natural persons, corporate legal persons and other social organizations that do not absorb public deposits and operate microfinance business. Small loan companies are legal persons and bear civil liability for their debts with the property of legal persons. Microfinance companies should implement the national financial policies and conduct business within the limits of laws and regulations in accordance with the principles of self-management, self-financing and self-discipline. Their legitimate business activities are protected by law and are not interfered by any unit or individual.
Legal basis:
Law of the People's Bank of China of the People's Republic of China
Article 28 The People's Bank of China may decide the amount, term, interest rate and method of loans to commercial banks according to the needs of implementing monetary policies, but the loan term shall not exceed one year.
Article 30 The People's Bank of China shall not provide loans to local governments and government departments at all levels, and shall not provide loans to non-bank financial institutions and other units and individuals, unless the State Council decides that the People's Bank of China may provide loans to specific non-bank financial institutions. The People's Bank of China shall not provide guarantee to any unit or individual.
Which regulatory authority does online lending belong to?
Local financial supervision departments and China Banking Regulatory Commission. The local financial supervision department is mainly responsible for the normative guidance, filing management and risk prevention of P2P lending intermediaries within its jurisdiction. As for the CBRC, it is mainly to formulate a supervision system for the business activities of information intermediaries in person-to-person lending.
Extended data:
Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds. Banks put concentrated money and monetary funds out through loans, which can meet the needs of social expansion and reproduction and promote economic development. At the same time, banks can also obtain loan interest income and increase their own accumulation.
The full name of CBRC is: China Banking Regulatory Commission. China Banking Regulatory Commission is a ministerial-level institution directly under the State Council, People's Republic of China (PRC), which is authorized to supervise and manage banking financial institutions in a unified way and safeguard the legal and steady operation of the banking industry.
The CBRC needs to formulate rules, regulations and measures to supervise banking financial institutions; Draft relevant laws and administrative regulations, and put forward suggestions for formulation and revision. To examine and approve the establishment, alteration, termination and business scope of banking financial institutions and their branches.
Online lending is also becoming a trend. With the advantage of the Internet, all the steps of loan application can be completed without leaving home, including understanding the application conditions of various loans, preparing application materials and submitting loan applications, which can be completed efficiently on the Internet. Due to the lack of bank credit system, overdue repayment sometimes occurs.
A large number of lender information published on the Internet platform, many of which are in the name of "loan companies" and "financing companies". In fact, financial institutions must be approved by the state to engage in financial services such as credit financing. Those who engage in financial activities without authorization are often punished for "illegal fund-raising", "illegal absorption of public deposits" and disturbing the order of financial management.
The Office of the Leading Group for the Special Work on Internet Financial Risks issued the Notice on Immediately Suspending the Establishment of Online Small Loan Companies, and decided that the company supervision departments at all levels shall not establish new online (Internet) small loan companies, and prohibit the newly approved small loan companies from conducting business across provinces (autonomous regions and municipalities).
Bank loan centralized department finance department or purchasing department
Finance department, centralized bank loan department. The purchasing department of the company is responsible for the purchase of goods in the bank, and the finance department is responsible for the loan in the enterprise, generally by the chief financial officer. Investment is risky, please make a careful decision.
What department does Xi 'an Loan Company belong to?
According to relevant information, it is supervised by the CBRC and the People's Bank of China. The Guiding Opinions on Company Pilot jointly issued by China Banking Regulatory Commission and People's Bank of China manages Xi 'an Loan Company and other loan companies, and defines the nature of the company. The company is a limited liability company or a joint stock limited company invested and established by natural persons, enterprise legal persons and other social organizations, and does not absorb public deposits.
Which department is in charge of the loan company?
Which department supervises the loan company?
There is no specific department, but it generally belongs to the supervision department of banks, because loans require bank loans, and individual loan companies are private and do not belong to them. The competent units of the loan company are: China Banking Regulatory Commission and China People's Bank. In May, 2008, the China Banking Regulatory Commission and the People's Bank of China jointly issued the Guiding Opinions on the Pilot Company, explaining the nature of the company.
This concludes the introduction of which department the loan company belongs to and what the loan company does. I wonder if you found the information you need from it?