A Study Of Legal Issues Of Supervision On Small Loan Companies In Our Country

At the period of economic restRicturing,our economic and social development isunbalance."The only loan does not exist "small loan company engages microifnance servicesto ease the pressure on the" three rural "and micro-enterprise ifnancing. However, Theregulatory obstacles the sustainable development of small loan companies. In this paper，witha comparative study, drawing on the experiences and lessons of the international microfinanceregulatory,examining our regulatory status of the small loan companies and the problems ofsustainable development perspective, to explore the regulatory system is imperative for smallloan companies. Benign regulatory environment, a clear regulatory regime, transparentregulatory system are the extremely important factors in the regulation of small loancompanies’. Chinas regulation of small loan companies previously focused on the legal statusof the small loan companies and supervisor.However，the local government practice ofregulatory provide a way to deal with the difficulties. The mushrooming small loancompanies is to manifest that the legal status of the small loan companies and regulatory bodyis not the most important obstacles to the development of small loan companies. However, theregulation of small loan companies has the problem of unsound supervision of the legalsystem，unreasonable regulatory regime，regulatory elements and the rigid regulatorymeasures as well as other deifciencies. This paper analyzes the causes of these problems andproposes to solve the small loans regulatory framework for the legal issues of supervision, toprovide useful lessons for the supervision of the small loan companies, and to promoteregulatory reform process of the legal system.In the end,solving such problems tires topromote the the sustainable development of small loan companies.The article is divided into four parts, ifrst part discusses the general problem of the smallloan companies. First，this part deifnes the small loan companies, and compares the small loancompany and the rural banks.Thus，it introduces the significance of the small loan companiesat present.The second part,comparion and analysis the regulatory of the international smallloan companies to find out the terms of reference for China’s the regulatory of smallloan companies. First expounding the need for supervision of the international microifnace,and on the basis of this need, explains the regulatory system of the internationalmicrofinance. Thus,this part explains the regulatory practices and legal if，amework of the international microfinance.The third part the regulatory legal problems of the small loan companies in China and analyzes the problems with the legal perspective. In this paper, on the basis of drawing on the regulatory of international microfinance,experience that China’s regulation of small loan companies mainly including the following problems:the legal system is imperfect, the regulatory system is not perfect, rigid regulatory rules and measures, the risk of regulatory delays and other issues.The fourth part explains the legal framework to solve the the legal issues of supervision of the small loan companies. Mainly includes the improvement of regulatory legal system, the reconstruction of the regulatory regime, and discussing specific regulatory system and guidelines for the improvement, the strengthening of risk regulation and the rights of small loan companies.