Legal analysis: bank employees are not allowed to participate in private lending, and they will be fired as soon as they are found. If bank executives are found to be involved in illegal fund-raising, their qualifications as senior managers will be cancelled. If the case constitutes a crime, criminal responsibility shall also be investigated. The regulatory authorities require bank employees not to operate or participate in the operation of pawn shops, small loan companies, guarantee companies and other institutions; Do not provide personal guarantees for others that are inconsistent with their own economic strength, and do not provide guarantees for private lending funds; And non-bank employees are not allowed to enter the office or business premises of banking financial institutions in various ways for private lending, illegal guarantee and illegal fund-raising activities.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 672 The lender may inspect and supervise the use of the loan as agreed. The borrower shall regularly provide relevant financial and accounting statements or other materials to the lender as agreed.

Article 673 Where the borrower fails to use the loan according to the agreed purpose, the lender may stop issuing the loan, recover the loan in advance or terminate the contract.