The China Banking Regulatory Commission publicly solicited opinions on the "Administrative Measures for Enterprise Group Financial Company (Draft for Opinions)"

Since its release, the "Administrative Measures for the Financial Company of Enterprise Group" (hereinafter referred to as the Measures) has clarified the functional positioning and relevant risk supervision requirements of financial companies, and has played an important role in the steady and standardized development of the financial company industry. However, with the development of the economic and financial situation, the Measures can no longer meet the needs of the high -quality development and effective supervision of the financial company industry. The CBRC has comprehensively summarized the development and supervision practice of the financial company industry and fully solicited the opinions of relevant departments and market entities. To. The main revision content is as follows:

The first is to adjust the access standards and expand the opening of the outside world. The "Draft for Soliciting Opinions" refers to the announcement of my country's economic growth data with reference to the establishment of China's economic growth, and simultaneously improves the application threshold for financial companies to apply for establishment, reflects the supervisory orientation of strict access, selection of excellent selection, and guides enterprise groups to apply for financial companies rationally. It is clear that foreign -funded multinational groups can directly initiate the establishment of foreign financial companies to provide financial services to their member units in China and implement the requirements of open -abroad policies.

The second is to optimize the scope of business and implement hierarchical supervision. The "Draft for Soliciting Opinions" has canceled the non -core business of the financial company's existing failure to serve the development of the group, lower external costs, and stronger alternatives, further strengthen its main responsibility business, focus on serving the group, and return to the service entity Economic source. The "Draft for Soliciting Opinions" uses the internal deposits, loans, and settlement of the service group as the basic business that can be carried out by the opening of the financial company. Special business, implement business hierarchical supervision, give market entities positive incentives, guide financial companies with better operating conditions to improve the quality of financial services and better serve the real economy.

The third is to add regulatory indicators and strengthen risk control. Fully learn from the risk lessons of some financial companies in recent years, optimize the "Draft for Soliciting Opinions" and add regulatory indicators such as the bill business of financial companies, the group's external debt, etc., further strengthen the supervision of foreign business of financial companies, and urge financial companies to improve the recognition and warning of foreign business risks. And disposal level.

The fourth is to strengthen corporate governance and shareholders' equity supervision. The "Draft for Soliciting Opinions" new corporate governance and shareholders 'equity supervision requirements, clarify that shareholders, actual controllers and groups shall not interfere with financial companies' business operations, strengthen corporate governance and construction with financial companies, and enhance the independence of legal persons of financial companies.

At present, the "Draft for Soliciting Opinions" has officially solicited opinions from the society. According to the feedback from all walks of life, the CBRC will further revise and improve the "Draft for Soliciting Opinions" and release it in a timely manner.

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