Small Loan Companies Of China Risk Regulatory Legal System Research

Small loan companies as a new type of financial organizations, service "three rural" to solve the problem of the shortage of many rural characteristics of industrial development finance for SMEs play a catalytic role, at the same time, with the gradual progress of the pilot work, micro-credit the legalization of the company will also help fight against "usury" illegal "underground banks" financing behavior, the purification of the financial markets, an active regional economy. It should be noted, however, due to the the imperfect existing laws and regulations as well as the special nature of the business of small loan companies and other reasons, so many risks in the development process, such as the narrow channels of funding sources, it is difficult to achieve sustainable development; legal regulation the vagueness of the subject and regulatory content, resulting in weak risk control. In view of this, in this article from the following five-part analysis of the legal system of small loan companies risk regulatory issues.First, this study by the discrimination of the legal concept of small loan companies, and comparative analysis with other financial institutions, has come to the small loan companies legal characteristics. Then use the theory of financial fragility, asymmetric information theory analysis of the causes of the risk of small loan companies, and summarizes the main risks faced by small loan companies from both internal and external. Secondly, as an entry point to the small loan companies risk regulatory status quo on the risk of regulatory problems and their causes in the small loan company. Then through the comparative analysis of the legal system of the United States, Bangladesh, Indonesia and other developing more mature risk of regulatory small loan companies, come for China to learn from the experience. Finally, through the analysis of small loan companies risk regulatory issues, learn from the useful experience of foreign countries under the premise put forward to the specific suggestions of the legal system of risk regulation.