Fortieth provincial cities and counties (cities, districts) governments shall establish a financial risk prevention mechanism for microfinance companies, urge relevant departments to establish management systems, implement corresponding regulatory responsibilities and disposal mechanisms, identify and warn risks in time, and effectively prevent and dispose of risks.
Forty-first provincial SME Bureau shall establish a supervision and inspection system combining off-site supervision and on-site inspection, and relevant departments shall conduct regular or irregular inspections on microfinance companies according to their functions. According to the regulatory needs, the Provincial Bureau of Small and Medium Enterprises may require small loan companies to hire intermediaries with corresponding business qualifications to conduct special audits or audits of small loan companies, and the relevant expenses shall be paid by the small loan companies.
Forty-second the establishment of small loan companies industry annual review system. Small loan companies submit the work report of the previous year to the local small and medium-sized enterprise work department before March 3 1 every year, and after the opinions are signed by the small and medium-sized enterprise work department at or above the county (city, district) level, they shall be submitted to the provincial small and medium-sized enterprise bureau for annual review. Small loan companies shall submit the annual inspection opinions of the industry issued by the provincial Small and Medium Enterprises Bureau when conducting the annual inspection of industry and commerce.
Small loan companies shall provide the following information during the annual review of the industry:
(1) Copy of business license (with company seal);
(2) Balance sheet and income statement (company seal);
(3) Names of shareholders and promoters and their capital contributions;
(4) The operation of the company;
(five) the company's annual work summary;
(six) other materials required by the Provincial Bureau of Small and Medium Enterprises.
Forty-third small loan companies in the course of operation, one of the following circumstances, the provincial SME Bureau in conjunction with the relevant departments shall be ordered to make corrections; If the circumstances are particularly serious, the Provincial Bureau of Small and Medium-sized Enterprises shall cancel the pilot qualification of local small loan companies, and, jointly with relevant departments, draw the administrative department for industry and commerce and other relevant departments to impose administrative penalties such as fines, order them to suspend business for rectification or revoke their business licenses. If the case constitutes a crime, criminal responsibility shall be investigated according to law.
(1) Withdrawal of registered capital during the operation period;
(2) setting up branches without authorization;
(3) Altered or terminated without approval;
(4) engaging in illegal business activities beyond the business scope approved and registered, and engaging in business activities only after obtaining a license or other approval documents;
(five) beyond the approved county (city, district) administrative area to engage in business activities;
(six) illegal fund-raising or disguised fund-raising, absorbing or disguised public deposits, violating interest rate policies and other financial violations;
(seven) refusing or obstructing off-site supervision or on-site inspection;
(eight) failing to provide statements, reports and other documents and materials in accordance with the provisions, and providing statements, reports and other documents and materials that are false or conceal important facts;
(9) Failing to disclose information as required;
(ten) other violations of national laws, administrative regulations and policies and these measures.
Forty-fourth small loan companies should establish industry self-discipline mechanism, set up industry associations, implement industry self-discipline management, resist unfair competition in the industry, and maintain a reasonable, orderly and fair market environment. Strengthen the education and training of employees and improve their professional level and comprehensive quality.
Forty-fifth establish a social supervision mechanism, make full use of and give full play to the power of social supervision, strengthen the restraint and supervision of the business behavior of microfinance companies, unblock the channels of complaints and reports, and improve the effectiveness of supervision.