Measures for the Administration of Private Lending of Companies

Legal analysis: The management methods of private lending of companies should follow the principles of compliance with laws, prudent operation, equality and voluntariness, fairness and good faith. Lenders of enterprise private loans should establish an effective whole-process management mechanism for personal loans, formulate loan management systems and operational procedures for each loan type, clarify the object and scope of corresponding loans, implement differentiated risk management, and establish an assessment and accountability mechanism for each operational link of loans.

Legal basis: Interim Measures for the Administration of Personal Loans.

Article 4 Personal loans shall follow the principles of compliance with laws and regulations, prudent operation, equality, voluntariness, fairness and good faith.

Article 5 Lenders shall establish an effective whole-process management mechanism for personal loans, formulate loan management systems and operating procedures for each loan type, define the corresponding loan objects and scope, implement differentiated risk management, and establish an assessment and accountability mechanism for each operation link of loans.

Article 6 A lender shall establish a personal loan risk limit management system according to the dimensions of region, variety and customer base.