In order to standardize the entrusted loan business of commercial banks and promote the healthy development of entrusted loan business, the CBRC recently promulgated the Measures for the Administration of Entrusted Loan of Commercial Banks (Draft for Comment) (hereinafter referred to as the Measures). In recent years, due to the impact of interest rate liberalization on the profits of commercial banks and the rigid requirements of financial supervision on the capital adequacy ratio of commercial banks, Chinese commercial banks have actively promoted business transformation, in which developing off-balance sheet business has become a new strategic goal of commercial banks.

Since 20 14, due to the stricter supervision of trust loans and frequent redemption risks, the scale of trust loans has been greatly reduced, and some off-balance-sheet businesses have bypassed entrusted loans, resulting in a significant increase in entrusted loans, accounting for 15.2% of the annual social financing scale, which has become one of the important channels of social financing. Behind the rapid growth of entrusted loan business, there are also many uncertain risks. The potential risks of entrusted loan business are usually more difficult to control and manage than those arising from off-balance-sheet business. The "Measures" guide the entrusted loan business to return to the essence by clarifying the responsibility of the entrusted bank, and at the same time strictly limit the source and use of entrusted loan funds to reduce the risk of entrusted loan business of commercial banks.