According to Article 4 of the Measures for the Administration of Auto Financing Companies, China Banking Regulatory Commission and its dispatched offices shall supervise and manage auto financing companies according to law. Therefore, there is a legal basis for China Auto Finance Company to be managed by CBRC.
Its purpose is to strengthen the supervision and management of auto financing companies and promote the healthy development of China's auto finance industry. These Measures are formulated in accordance with the Banking Supervision Law of the People's Republic of China, the Company Law of People's Republic of China (PRC) and other laws and regulations.
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The CBRC system has four levels of institutions in China, among which, the CBRC is located in Beijing Financial Street and has 27 departments. In addition to the conference organs, the CBRC has 36 banking regulatory bureaus in the capital cities of 365 and 438+0 provinces (autonomous regions and municipalities directly under the Central Government) and five cities with separate plans in Dalian, Ningbo, Xiamen, Qingdao and Shenzhen.
306 regions (prefecture-level cities, autonomous prefectures, and leagues) have banking supervision sub-bureaus, and 1730 counties (county-level cities, autonomous counties, banners, and autonomous banners) have supervision offices, covering basically all administrative regions in the country. The whole system is managed with reference to the Civil Service Law.
Baidu encyclopedia-auto finance company