In order to regulate the overdue collection of Internet finance, protect the legitimate rights and interests of creditors, debtors, related parties and Internet financial institutions (hereinafter referred to as institutions), and promote the healthy development of the Internet finance industry, according to the Guiding Opinions on Promoting the Healthy Development of Internet Finance and the Implementation Plan for Special Remediation of Internet Financial Risks, the overall requirements and regulatory principles put forward, Interim Measures for the Management of Business Activities of Peer-to-Peer Lending Information Intermediaries and Notice on Standardizing and Rectifying Cash Loan Business, according to the Criminal Law of People's Republic of China (PRC), the Law of People's Republic of China (PRC) on Public Security Administration Punishment, People's Republic of China (PRC) and
Legal basis:
"Regulations on Financial Asset Management Companies" Article 10 A financial asset management company can manage and dispose of the assets formed by the acquisition of non-performing loans of state-owned banks within the scope of non-performing loans of state-owned banks, and can engage in the following business activities:
(1) Recovering debts;
(2) Leasing, transferring or reorganizing the assets formed by purchasing non-performing loans in other forms;
(3) Converting creditor's rights into equity and holding shares in the enterprise by stages;
(4) listing recommendation of companies within the scope of asset management and underwriting of bonds and stocks;
(5) Issuing financial bonds and borrowing from financial institutions;
(six) financial and legal advice, assets and project evaluation;
(seven) other business activities approved by the People's Bank of China and the China Securities Regulatory Commission.
A financial asset management company may apply to the People's Bank of China for refinancing.