1. A financing guarantee company shall take safety, liquidity and profitability as its operating principles and establish a continuous and prudent business model for market-oriented operation.
2. Pre-administrative licensing shall be implemented for the market access and business scope of financing guarantee companies and their branches, and a license management system shall be implemented.
3. Prudent supervision over the capital, magnification, provision, corporate governance, internal control, risk concentration, related party transactions, information disclosure, and qualification management of senior executives and employees of financing guarantee institutions. According to the spirit of Document No.7 [2009] issued by the State Council, the State Council established the inter-ministerial joint meeting system for the supervision of financing guarantee business. The joint meeting consists of the Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Commerce, the People's Bank of China, the State Administration for Industry and Commerce, the Legislative Affairs Office and the China Banking Regulatory Commission, with the CBRC taking the lead. The office of the joint meeting is located in the CBRC and undertakes the daily work of the joint meeting.
Financing guarantee companies shall be administered by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government. The regulatory authorities determined by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government are specifically responsible for the entry, exit, daily supervision and risk disposal of financing guarantee institutions in their respective jurisdictions, and report their work to the inter-ministerial joint meeting. 1. The balance of financing guarantee liability provided by a financing guarantee company to a single guarantor shall not exceed 10% of its net assets, the balance of financing guarantee liability provided to a single guarantor and its related parties shall not exceed 15% of its net assets, and the balance of bond issuance guarantee liability provided to a single guarantor shall not exceed 30% of its net assets.
2. The balance of financing guarantee liability of a financing guarantee company shall not exceed 10 times of its net assets.
3. The financing guarantee company shall withdraw the unearned liability reserve according to 50% of the guarantee fee income in the current year, and withdraw the guarantee compensation reserve according to the ratio of not less than 65438+ 0% of the guarantee liability balance at the end of the current year. If the guarantee compensation reserve reaches 65,438+00% of the guarantee liability balance of the current year, the difference shall be withdrawn.