Line about head 10th first giving civil borrowing "system level legitimacy", meanwhile, Ministry of public security, and silver prison will also in national started strike hard illegal fund-raising action. According to media reported, Shandong currently has 400 billion or 500 billion of funds in civil borrowing market Shang flow. Shandong province federations of enterprise Department director Li Xifeng think, two large message a "Yang" a "anti", will means with civil borrowing will ended "disorder growth", entered according to law regulatory era, while in national of strike hard Xia, civil financial markets will ushered in large shuffle. Central Bank stand with four "first time" the morning of 11th, journalists call the number in the province of private financing intermediaries, all yearn for the first officially sanctioned., General Manager of Shandong kenyalong funds Lv Jianxin told reporters, in charge of the Central Bank 's, there are four key issue is the top financial regulators "first time" reference. "The first" debit "defining". " Private lending refers to the country
Family law approved in financial institutions other than natural persons, legal persons and other organizations, such as money lending between economic agents. " Lv Jianxin said, private lending for highest regulatory interpretation of people's Bank of China, now is the first time. "The first" legal status granted. Lv Jianxin thinks for a long time, debit and live in the cracks, this stance of the Central Bank for the first time defined the debit position in the financial system. "First time" with institutional legitimacy. in this regard, Lv Jianxin said this stance on vibration of a legal basis for the maximum, "after a dispute over loan in the past, because there is no specific law to follow, with a case of different judges will have a very different verdict." The first "clear private lending to the reasonable and legitimate protection. Regulation specification for debit still needs system guarantee "Lenders Ordinance and the relevant policies should be introduced as soon as possible, the only way to really improve the
Now Replica Givenchy Handbags private enterprises financing dilemma of sth "leading credit management and risk control specialists maijianfeng said the current national private lending norms, should gradually establish a system of laws, regulations and norms, and appropriate relaxation of the limits on private Replica Givenchy Handbags finance-related policies, norms, adjusting the private financial markets. Maijianfeng also believes that the prohibition of "official bank" into the private financial markets were also crucial, to the civil servant or other person taking advantage of his position, private use of State Replica Givenchy Handbags funds, access to the private lending market, acts of abuse, the State must be discipline, ensuring that private lending market norms. " In addition, increasing investor's self-risk prevention skills are also important. " Maijianfeng said. Trend industry reshuffle was imminent while Replica Givenchy Handbags specification Director of industry and commerce enterprises in Shandong province, Li Xifeng believes that since the credit crisis of Wenzhou, long outstanding loan issues are referred to the central level, recent belonging to various people
Financial policy-intensive release period. Replica Givenchy Handbags " Although some delays, but it is never too late, not too late, the future regulation, into which sector regulation will be the focus of attention in the industry. " Li Xifeng said after future private lending trade into the regulation, reshuffle was inevitable. "Debit interest shall Replica Givenchy Handbags not be higher than bank lending rate of 4 times in the same period, this limit is actually already provided, Central Bank reiterated that the event has a great relationship may be running away with Wenzhou boss sth" maijianfeng believes that the Central Bank's stance, intended to strengthen the regulation of private lending and guide industry self-regulation. According to the maijianfeng introduced, small and medium enterprises to the private lending market due to financing difficulties, this has become a common phenomenon of the last year or two. private lending market now has resulted in much higher interest than bank lending rates 4 times with the same period, lending into speculation. maijianfeng says, this is not normal, private loan lenders with investments in mind, and borrowers
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