Legal basis: "Guiding Opinions on the Pilot Project of Small Loan Companies" V. Supervision and Management of Small Loan Companies Only when the provincial government can make it clear that a competent department (financial office or relevant institution) is responsible for the supervision and management of small loan companies and is willing to assume the responsibility of risk disposal of small loan companies can the pilot project of setting up small loan companies be carried out within the scope of this province (autonomous region, city) and county. A small loan company shall establish a sponsor commitment system, and the shareholders of the company shall sign a letter of commitment with the small loan company, promising to consciously abide by the company's articles of association, participate in management and take risks. Small loan companies should establish and improve the corporate governance structure in accordance with the requirements of the Company Law, clarify the rights and responsibilities among shareholders, directors, supervisors and managers, formulate and improve effective rules of procedure, decision-making procedures and internal audit systems, and improve the effectiveness of corporate governance. Small loan companies should establish and improve the loan management system, clarify the business processes and operational norms such as pre-loan investigation, in-loan review and post-loan inspection, and effectively strengthen loan management. Small loan companies should strengthen internal control, establish and improve the enterprise financial accounting system in accordance with relevant state regulations, and truly record and comprehensively reflect their business activities and financial activities. Microfinance companies shall, in accordance with relevant regulations, establish a prudent and standardized asset classification system and provision system, accurately classify assets, fully make provision for bad debts, ensure that the adequacy ratio of asset loss provision is always above 65,438+0,000%, and fully cover risks. A small loan company shall establish an information disclosure system, and disclose the financial statements, annual operating conditions, financing conditions, major events and other information audited by intermediaries to the shareholders of the company, the competent authorities, the banking financial institutions that provide financing to them, and relevant donor institutions in accordance with regulations, and make it public when necessary. Small loan companies shall accept social supervision and shall not engage in any form of illegal fund-raising. Engaged in illegal fund-raising activities, in accordance with the relevant provisions of the State Council, the provincial people's government is responsible for the disposal. Inter-provincial illegal fund-raising activities need to be handled by the inter-ministerial joint meeting of illegal fund-raising, and the provincial people's government may request the inter-ministerial joint meeting of illegal fund-raising to coordinate the disposal. Other acts in violation of national laws and regulations shall be punished by the local competent department in accordance with relevant laws and regulations; If a crime is constituted, criminal responsibility shall be investigated according to law. The People's Bank of China tracks and monitors the interest rates and capital flows of microfinance companies, and brings microfinance companies into the credit information system. Small loan companies should regularly provide business information such as borrowers, loan amounts, loan guarantees and loan repayments to the credit information system.