The Legal Regulation Of Small-loan Company Based On The Inclusive Financial Perspective

As a indispensible part of inclusive financial system,small loan company is a product of financial innovation.The emergence of small loan companies greatly make up the credit demond of the “Rural economy”and small micro enterprise.Since the first pilot begun in 2005,small loan companies have entered a new stage of rapid development and showed a thriving scene. In recent years, the small loan companies often appear the phenomenon of withdrawing shareholder, operating irregularly and deviating inclusive financial subject.The main reason is the imperfect legal system and the normative documents on the small loan companies. Although there are laws,regulations and regulatory documents on microfinance company regulation system, but there is still no special legislation on small loan company. The construction of the legal system about small loan companies is not perfect.It includes “the small loan company pilot guidance ”and“the interim provisions on the small loan companies restructuring set up village Banks”.These rules include the color of financial repression and the limitation of small companies,but didn’t reflect the fair and the concept of inclusive finance. So the laws regulate the development path of small loan companies including inclusive financial concept.On the basis of inclusive financial concept and connotion,the paper proves the necessity of inclusive financial with the theory of financial deepening and economic law justic.And then,the paper certifies the feasibility of small loan companies by analysising the value of inclusive fiannacial.After analysising the small loan companies situation,the paper concluded the necessity of legal regulation.The paper concluded the legal problems during the process of development,by analysising small loan companies regulation.After studying overseas development experience,author make comparison and reference of foreign microfinance companies to avoid operation risk and supervision system: the trend of the market-oriented operation of small loan companies has become a proper supervision.Upon this trend, government should actively promote the development of legislation.