What qualifications does a finance company need?

Legal analysis: A securities company applying for margin financing and securities lending business qualification should meet the following conditions: (1) It has the qualification of securities brokerage business; (2) The corporate governance is sound and the internal control is effective. (three) in the last two years, it has not been investigated by the China Securities Regulatory Commission or is being rectified because of suspected violations of laws and regulations; (4) It is in good financial condition; (5) The customer assets are safe and complete, the third-party depository of customer transaction settlement funds is effectively implemented, and the customer information is complete and true; (six) the establishment of a sound customer complaint handling mechanism, able to properly handle disputes with customers in a timely manner; (seven) has established a customer suitability system that meets the requirements of supervision and self-discipline; (eight) the safe and stable operation of the information system; (10) Other conditions stipulated by the China Securities Regulatory Commission.

Legal basis: Article 88 of the Securities Law of People's Republic of China (PRC). When selling securities and providing services to investors, securities companies should fully understand the basic information, property status, financial assets status, investment knowledge and experience, professional ability and other relevant information of investors in accordance with regulations; Truthfully explain the important contents of securities and services, and fully reveal the investment risks; Selling and providing securities and services that match the above conditions of investors. When purchasing securities or receiving services, investors shall provide the true information listed in the preceding paragraph in accordance with the explicit requirements of securities companies. If a securities company refuses to provide information or fails to provide information as required, it shall inform the consequences and refuse to sell securities or provide services to it in accordance with regulations. If a securities company violates the provisions of the first paragraph and causes losses to investors, it shall bear the corresponding liability for compensation.