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

In our country, since the emergence and development of the Small-loan companies, they have exerted enormous impact on addressing the financing of micro, small, medium sized enterprises and individuals, promoting social development.But at present, there are many supervision issues on small-loan companies, which is mainly reflected in the supervisory legislation, such as lacking of clear laws and regulations, low levels of existing supervisory rules and unreasonable supervisory regime and so on.These issues affect the further development. In order to enable it to achieve better development and provide better service to China’s economic and social development, solving the problem of China’s small loan company r supervision urgently has become imperative.Firstly, through introducing the development process of China’s small loan companies, this paper defines its definition, characteristics, legal nature,and compares the small-loan companies with commercial banks and the rural banks. Secondly, this paper analyzes the status and problems of supervision and problems of supervisory law. Thirdly, In order to provide reference and enlightenment for the improvement of small-loan companies’supervision, this paper compares with supervision practices on small-loan of Bangladesh, Indonesia, the United States. Finally, this paper puts forward suggestions for the improvement of supervisory legal system on small loan companies.