The People's Bank of China's Financial Times said on Monday that the recent promulgation of a regulatory signal by the unification of regulatory standards for commercial banks and the suspension of microfinance companies. If this is the "first shot" of escalation in financial supervision after the 19th Congress, we can expect that more regulatory measures will be introduced in the future in remediation of financial chaos and the prevention of financial risks.
According to the report, the suspension of the establishment of a network of small loan companies is only a prelude to the strict supervision of the Internet finance. The next step is to clean up and rectify the small-loan company in the stock network. Regulators should guide the fund sources, interest pricing, information disclosure, advertising, post-lending, risk management and other aspects of licensed institutions to guide their compliance with development, prudent management and license transfer should also be strict management and refinement rules .
Recent hot issues in the financial sector, there are two events: First, the new rules and regulations openly solicit opinions, the second is the network of small loan companies to suspend the approval. The latter's main fuse is the recent credit at the cusp of cash.
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