Research On Supervisor Systerm Of Financing Behavior Of Small-loan Companies

To promote the fast development of small loan companies，China Banking RegulatoryCommission, People’s Bank of China jointly issued "on the small loan company pilotguidance"(hereinafter referred to as "guidance")。After six years of efforts, the small loancompany obtained the rapid development, and have played an important role for theprosperity of China’s financial market, for example, to guide the rational flow of privatecapital, for the legitimacy of private finance has opened up a formal way.Small loan companyoperate small loans business,but can not absorb public deposits. Lack of follow-up fundinghas become a bottleneck in the development of small loan companies. To achieve sustainabledevelopment, microfinance companies necessarily need a steady of capital injection.However,due to the small loan companies to limit their own conditions, it encountered many difficultiesin the financing process, limiting the development of small loan companies.How to solve the bottleneck of microcredit financing has become a matter of practiceand academia common concern. Currently, the financing difficulties of small loan companiesmainly in the institutional barriers to financing.For examplle"Guidance" defines the mainsource of funding for microfinance companies.Financing channels for small loan companies isvery narrow,mainly to increase endowment spread and from the banking financial institutionsinto the capital.Legal rank lower financing behavior of small loan companies regulated basis, but alsodid not rise to the laws and regulations levels.In the specific regulation, there is no strongprofessional regulatory bodies,existing excessive regulatory agencies.The presence of aprofessional regulatory body is not strong, the problem of regulatory powers isunclear.Micro-finance is a form of organization of financial innovation, on the basis ofcompliance management,should play its due vigor.Based on the above analysis, I think weshould gradually reduce restrictions on the financing channels of small loan companies,theimplementation of appropriate supervision of their financing behavior.This paper studies mainly focus on three aspects:the regulatory status of microcreditfinancing, the main regulatory issues that exist, how to improve on these issues.This articlewill from the following several aspects discusses the financing behavior of microfinancecompanies: First,combined with the development of small loan companies and evolution，briefly analyzing the meaning and properties of small loan companies.Second, the current financing behavior of small loan companies regulated to sort out the relevant laws andregulations, and examine the regulatory system microcredit financing behavior.Third,Analysisof the regulatory status of micro-credit financing behavior,identifying current problems in theregulatory system, such as the legal system of internal conflict, regulators clear powers andthe system itself, such as restrictions on the financing behavior.Combined with the status ofChina’s small loan companies to develop, improve the regulatory regime proposedmicrofinance companies financing behavior of specific recommendations.For example, tofurther improve the regulatory system, a clear regulatory powers subject, relaxation ofrestrictions on financing and so on.