The Reseach On Perfect Regulation Of Micro-Credit Company In Guangxi

To ease the financing difficulties of micro, small and medium enterprises and agriculture, rural and farmers, the sate encourages private capital to set up micro-credit companies. On the small and dispersive principles, the micro-credit companies provide credit loan to the weak economies which are off banking institutions. This greatly promotes the development of local economy. With the high risk of loan business, the related department should give perfect regulation to the micro-credit company to standard the operation of private capital and promote the development of micro-credit companies.In this paper, we take the regulation of micro-credit companies in Guangxi as the object of our study, and analysis the regulation shortages of the micro-credit company in Guangxi in terms of regulation power, access regulation, operation regulation and exit regulation with comparison research method. By means of reference the regulation experience of micro-credit institutions at home and abroad, we put forward a series of suggestions to perfect the regulation of the micro-credit company in a solution design form. First, the supervision department should increase the number of regulator of the financial office in the region, cities and counties, and strengthen their training. Secondly, the supervision department ought to reduce the demand of registered capital, enhance the comprehensive inspection for the main sponsors and keep their shareholding ratio of the main sponsors be less than50%or100%. Thirdly, we get the biggest financing proportion from banking institutions is233%of the net capital with the case simulation and statistical theory. And we suggest the supervision department should allow the micro-credit companies operate across the region and give them fiscal subsidies. In addition, the micro-credit company must classify the loan and withdraw the losses on the basis of default number of days. At the same time, the supervision department should clear the condition and deadline of stock right transfer. At last, it is necessary to draw a responsibility among regulate subjects. In the rest of this paper, we analysis solution design and point out the implementation obstacles with the record. It will be better to guide the micro-credit company to support the local economic and develop continuously and healthily only with the increasing perfect regulation.