If the state has other provisions on financial supervision and management, those provisions shall prevail. Article 3 The term "local financial organizations" as mentioned in these Regulations refers to small loan companies, various trading places, local financial holding companies, local asset management companies, financing guarantee companies, pawn shops, financial leasing companies, commercial factoring companies and other organizations established according to law and engaged in relevant local financial activities and supervised and managed by the provincial people's government authorized by the State Council. Article 4 Local financial supervision should adhere to the combination of promoting development and preventing risks, follow the principles of positive, steady, safe and prudent, focus on building a modern financial supervision framework, promote financial services to the real economy, give play to the role of the market in the allocation of financial resources, and promote a virtuous circle and healthy development of economy and finance. Article 5 Local financial supervision and management shall be territorial management and graded responsibility.
The people's governments at or above the county level shall strengthen the organization and leadership of local financial work, fulfill the responsibility of territorial financial supervision and risk disposal, establish and improve the local financial supervision and management system, formulate emergency plans for local financial emergencies, effectively prevent and resolve financial risks, and coordinate and solve major problems in local financial supervision and management. Article 6 The local financial supervision institutions of the people's governments at or above the county level and the departments responsible for local financial supervision determined by the people's governments at or above the county level (collectively referred to as local financial supervision institutions) are responsible for the supervision and management of local financial organizations and related local financial activities within their respective administrative areas, and do a good job in coordinating and guiding local financial services and financial development.
Departments and institutions of the people's government at or above the county level, such as development and reform, industry and information technology, commerce, finance, housing and urban construction, land and resources, civil affairs, public security, taxation, auditing, industry and commerce administration, market supervision and management, and state-owned assets supervision and management, shall do relevant work according to their respective responsibilities. Article 7 The people's governments of provinces and cities divided into districts shall formulate financial development plans for their respective administrative areas and solicit opinions from the agencies dispatched by the local state financial management departments. Financial development planning should include financial industry layout, financial resources gathering, regional coordinated development, policy support, system cultivation, market construction, environmental optimization and so on. Article 8 To engage in local financial business, one shall obtain corresponding business qualifications according to law, and accept the supervision and management of local financial supervision institutions and other relevant departments. Ninth local financial investment, should be voluntary participation, self-financing, self-risk, and shall not harm the public interests and the legitimate rights and interests of others. Article 10 The people's governments at or above the county level and their relevant departments shall strengthen the publicity and education of financial laws and regulations and related knowledge, and improve the public's financial knowledge level and risk prevention awareness.
Encourage and support the public and the media such as radio, television, newspapers and the Internet to conduct social supervision and public opinion supervision over local financial activities. Eleventh any unit or individual has the right to complain and report local financial violations. Local financial supervision institutions shall establish and improve the complaint reporting mechanism, announce the acceptance methods, and accept and handle complaints and reports in a timely manner. If the report is true, it will be rewarded. Chapter II Operation of Local Financial Services Article 12 The people's governments at or above the county level shall formulate and improve financial development policies and measures, promote the construction of specialized comprehensive financial service platforms, stimulate the vitality of financial innovation, coordinate the coordinated development of direct financing and indirect financing, traditional financial formats and local new financial formats, support the development of inclusive finance, and ensure the public to enjoy basic financial services with reasonable prices, convenience and safety.
Encourage and guide financial funds and social funds to invest in energy conservation and environmental protection, promote the development of green finance and promote the transformation and upgrading of economic structure. Thirteenth local financial organizations shall abide by the following provisions when conducting business:
(a) according to the approved business scope, reasonably determine the financial products to be operated;
(two) the establishment of asset flow risk preparation, risk concentration, related transactions and other financial risk prevention systems;
(3) Signing legal and standardized trading contracts with customers;
(four) truthfully remind investors and customers of investment risks and disclose information that may affect their decision-making;
(5) No illegal acts such as insider trading and market manipulation. Article 14 To apply for the establishment of a small loan company, it shall be examined by the people's government at the county level in the place of registration in accordance with the provisions of relevant laws and regulations, and apply to the municipal people's government with districts in the place of registration for a business license.
To apply for a business license of a small loan company, the following conditions shall be met:
(a) a one-time paid-in monetary capital of not less than 50 million yuan;
(2) The promoter is an enterprise with legal person status, and has made profitable achievements and a good credit record for more than three consecutive years;
(3) The capital invested by shareholders is its own capital;
(4) Directors, supervisors and senior managers have the professional ability and good credit record required to perform their duties;
(5) It has a sound business operation standard, internal control and risk management system, and a software trading system and hardware facilities suitable for business requirements;
(6) Other conditions stipulated by laws and administrative regulations.