Effective.

The notice is that all institutions must adhere to the three principles of early risk exposure, prudent operation, and scientific burden, and uniformly standardize the repayment methods of medium and long-term loans, including platform loans, and shall not focus on loan maturity. repay on time.

The Non-Banking Department of the China Banking Regulatory Commission has issued the "Notice on Regulating the Repayment Methods of Medium and Long-term Loans of Non-bank Financial Institutions", requiring further regulation of medium- and long-term loans of non-bank financial institutions, including loans to local government financing platforms. Repayment methods effectively prevent medium and long-term loan risks.