Hebei Province local financial supervision and management regulations

Chapter I General Provisions Article 1 In order to strengthen the supervision and management of local financial services, prevent and resolve financial risks, maintain financial stability, and promote the healthy development of local financial services, according to relevant laws and administrative regulations, combined with the actual situation in this province, the formulation of these regulations. Article 2 The administrative area of this province to engage in local financial services and supervision and management activities, the application of these regulations.

The state financial supervision and management of other provisions, from its provisions. Article 3 The local financial organizations referred to in these regulations, refers to the establishment of the law, engaged in relevant local financial activities of microfinance companies, various types of trading venues, local financial holding companies, local asset management companies, financial guarantee companies, pawnbrokers, financial leasing companies, commercial factoring companies, as well as laws, administrative regulations and the State Council authorized the provincial people's government to supervise and manage the supervision and management of other organizations. Article 4 The local financial supervision and management shall adhere to the combination of promoting development and risk prevention, follow the principle of positive and prudent, safe and prudent, and strive to build a modern financial regulatory framework, promote financial services to the real economy, play the role of the market in the allocation of financial resources, and promote the economy and the financial virtuous cycle and healthy development. Article V local financial supervision and management of the implementation of local management, hierarchical responsibility.

The people's governments at or above the county level shall strengthen the organizational leadership of the local financial work, to fulfill the responsibility of local financial supervision and risk disposal, establish and improve the local financial supervision and management system, formulate contingency plans for local financial emergencies, to effectively prevent and resolve financial risks, and to coordinate the resolution of local financial supervision and management of the relevant major issues. Article 6 The local financial regulatory bodies of the people's governments at or above the county level, as well as the departments responsible for local financial supervision determined by the people's governments at or above the county level (collectively referred to as the local financial regulatory bodies), shall be responsible for the supervision and management of the local financial organizations as well as the relevant local financial activities in the administrative area, and shall do a good job of coordinating and guiding the work of the local financial services and financial development.

Departments and agencies of the people's governments at or above the county level, such as development and reform, industry and information technology, commerce, finance, housing and urban-rural construction, land and resources, civil affairs, public security, taxation, auditing, industry and commerce administration, market supervision and management, supervision and management of state-owned assets, etc., shall do a good job of the relevant work in accordance with their respective responsibilities. Article 7 The people's governments of provinces and municipalities with districts shall prepare financial development plans for their administrative regions and seek the opinions of the dispatching organizations of the state financial management departments in their respective areas. Financial development planning should include financial industry layout, financial resources, regional synergistic development, policy support, institutional cultivation, market construction, environmental optimization and other aspects. Article 8 engaged in local financial services, shall obtain the appropriate business qualifications in accordance with the law, and accept the supervision and management of local financial regulatory bodies and other relevant departments. Article IX local financial investment should be voluntary participation, bear the burden of profit and loss, bear the risk, and shall not harm the interests of the social public **** and the legitimate rights and interests of others. Article 10 The people's governments at or above the county level and their relevant departments shall strengthen the financial laws and regulations, as well as the publicity and education of the relevant knowledge, and improve the public's level of financial knowledge and risk prevention awareness.

Encourage and support the public and radio, television, newspapers, networks and other media for social supervision of local financial activities and public opinion supervision. Article 11 Any unit or individual has the right to local financial violations of the complaint and report. Local financial regulators should establish and improve the complaint and reporting mechanism, published acceptance, timely acceptance and handling of complaints and reports. Reporting is true, should be rewarded. Chapter II Local Financial Services Article 12 The people's governments at or above the county level shall formulate and improve the policies and measures for financial development, promote the construction of specialized integrated financial services platform, stimulate the vitality of financial innovation, co-ordination of direct and indirect financing, the traditional financial sector and the coordinated development of new types of local financial services, support the development of inclusive finance, to ensure that the general public enjoy reasonably priced, convenient and safe basic financial services.

Encourage and guide financial funds and social funds to invest in the field of energy conservation and environmental protection, promote the development of green finance, and promote the transformation and upgrading of economic structure. Article 13 Local financial organizations shall comply with the following provisions in carrying out their business:

(1) reasonably determine the financial products to be operated in accordance with the approved scope of business;

(2) establish a system for preventing financial risks such as preparation for asset liquidity risks, concentration of risks, and connected transactions;

(3) enter into lawful and standardized transaction contracts with customers;

(4) Truthfully advising investors and clients of investment risks and disclosing information that may affect their decision-making;

(e) Not engaging in insider trading, market manipulation and other illegal activities. Article 14 An application for the establishment of a microfinance company shall be examined by the people's government at the county level of the place of registration in accordance with relevant laws and regulations, and shall apply to the people's government of the city where it is registered for a license to operate.

The application for a microfinance company business license shall have the following conditions:

(a) a one-time paid-up capital of not less than RMB 50 million;

(b) the sponsor is an enterprise with legal personality, with more than three consecutive years of profitable performance and good faith record;

(c) the shareholders' capital contribution of their own funds;

(d) the directors, supervisors, and managers of the microfinance company shall apply to the municipal people's government in the area of registration for a business license. p>(d) the directors, supervisors and senior management have the professional ability and good integrity record required to fulfill their duties;

(e) there are sound business operation norms and internal control and risk management systems, and there are software trading systems and hardware facilities suitable for the operational requirements;

(f) other conditions stipulated by the laws and administrative regulations.