The main responsibilities of the CBRC clearly stated that it is necessary to inquire about the accounts of banking financial institutions, their staff and related parties suspected of financial violations and freeze the applications of judicial organs to transfer or conceal illegal funds.

Prohibit the unauthorized establishment of banking financial institutions or illegal business activities of banking financial institutions; Establish a banking emergency handling system in conjunction with relevant departments, formulate a banking emergency handling plan, clarify the handling institutions and personnel and their responsibilities, handling measures and handling procedures, and timely and effectively handle banking emergencies.

Article 199 of the Contract Law of People's Republic of China (PRC) stipulates that when concluding a loan contract, the borrower shall provide the true information about the business activities and financial status related to the loan according to the requirements of the lender.

Article 202 stipulates that the lender may inspect and supervise the use of the loan in accordance with the agreement. The Borrower shall regularly provide the Lender with relevant financial and accounting statements and other materials as agreed.

Article 204 stipulates that the loan interest rate of financial institutions handling loan business shall be determined according to the upper and lower limits of the loan interest rate stipulated by the People's Bank of China.

Extended data:

Article 205 of People's Republic of China (PRC) Contract Law stipulates that the borrower shall pay interest within the agreed time limit. If the time limit for paying interest is not stipulated or clearly stipulated, it cannot be determined in accordance with the provisions of Article 61 of this Law.

If the loan term is less than one year, it shall be paid together with the loan; If the loan term is more than one year, it shall be paid at the end of each year; if the remaining term is less than one year, it shall be paid together with the loan.

Article 206 stipulates that the borrower shall repay the loan within the agreed time limit. If the term of the loan is not agreed or clearly agreed, and cannot be determined according to the provisions of Article 61 of this Law, the borrower may return it at any time; The lender may urge the borrower to return it within a reasonable period of time.

Article 6 of "Several Opinions of the Supreme People's Court on People's Courts Handling Lending Cases" stipulates that the interest rate of private lending can be appropriately higher than that of banks, and local people's courts can specifically grasp it according to the actual situation in the region, but the maximum interest rate shall not exceed four times (including interest rate) of similar loans of banks. Beyond this limit, the excess interest will not be protected.

Article 7 stipulates that the lender shall not include interest in the principal to seek high profits. If it is found during the trial that the creditor has included the interest in the compound interest calculated by FSC, if the interest rate exceeds the limit stipulated in Article 6, the excess interest will not be protected.

Baidu Encyclopedia-People's Republic of China (PRC) Contract Law

Baidu Encyclopedia-the Supreme People's Court's Opinions on the People's Court's Trial of Lending Cases