1. Send comments to :phjrbgzyc@cbirc.gov.cn by email.
2. Send the comments by letter to inclusive finance Department of China Banking Regulatory Commission,No. Financial Street 15, Xicheng District, Beijing (postal code: 100 140), and please indicate "Feedback on Interim Measures for the Administration of Internet Microfinance Business" on the envelope. Article 1 Purpose and Basis of Formulation These Measures are formulated in accordance with the Company Law of People's Republic of China (PRC), Regulations of the People's Republic of China on the Administration of Company Registration and other laws and regulations in order to standardize the online microfinance business of microfinance companies, prevent the risks of online microfinance business, safeguard the legitimate rights and interests of microfinance companies and customers, and promote the healthy development of online microfinance business.
Article 2 Basic Definitions The term "online micro-loan business" as mentioned in these Measures refers to the micro-loan business in which micro-loan companies use big data, cloud computing, mobile Internet and other technical means to analyze and evaluate the credit risk of borrowers, determine the loan method and amount, and complete online loan application, risk review, loan approval, loan issuance and loan recovery by using endogenous data information accumulated on the Internet platform and other data information obtained through legal channels.
Small loan companies operating online small loan business should be mainly carried out in the provincial administrative region where they are registered; Without the approval of the State Council Banking Regulatory Authority, microfinance companies may not carry out network microfinance business across provincial administrative regions.
Article 3 Functional Orientation Microfinance companies should follow the principle of small amount and dispersion in issuing online microfinance, conform to the national industrial policy and credit policy, mainly serve small and micro enterprises, farmers, urban low-income people and other key service targets in inclusive finance, practice the inclusive finance concept, support the development of the real economy, and give full play to the channel and cost advantages of online microfinance.
Article 4 Supervision System The banking supervision institution in the State Council shall formulate the supervision and management system and operation and management rules for online microfinance business of microfinance companies, and urge and guide the financial supervision departments designated by the people's governments of provinces, autonomous regions and municipalities directly under the Central Government (hereinafter referred to as the supervision and management departments) to supervise and manage online microfinance business and deal with risks.
The supervision and management department is responsible for the examination and approval, supervision and management and risk disposal of online microfinance business of microfinance companies.
For a small number of small loan companies that need to carry out network small loan business across provincial administrative regions, the the State Council Banking Regulatory Authority is responsible for examination and approval, supervision and management and risk disposal.