Analysis Of Off-site Supervision Of Micro-loan Companies

Micro-loan company is an emerging microfinance institutions. From 2005 the first approved the commercial nature of Micro-loan company set up to the end of 2014 june. The Micro-loan company has increase to 8394 companys and absorb much private capital. The rapid development of micro loan company, reflects the demand of private capital into the micro-finance industry. But we can not only see the prosperity of the industry, Micro-loan company still have some problem such as imperfect internal governance and external regulatory problems. The supervision of Micro-loan company is the priority at this stage of the work.By construct the micro- loan company off-site supervision system and set the appropriate reporting system, regulators can get regulatory information from the small loan companies. For the full and timely assessment of the overall risk of sustained, regulators also need on-site inspection and audit of information accuracy and the authenticity of the audit, so as to realize the efficient regulation. Off site supervision is an important part of the supervision system. Off site supervision is one of the important means of supervision with the rapid development of small loan companies. In this paper, based on the analysis of the status of China’s micro- loan company off-site supervision, by referring to the Grameen Bank in Bangladesh and Indonesia advanced to the small loan company off-site monitoring system, analysis of the causes of the small loan company off-site supervision and the supervision level, so as to establish a set of off-site monitoring system. The supervision system includes determining the responsibilities of regulatory authorities, enact laws and regulations to regulate the development of small loan companies, the establishment of monitoring index system reasonably and effectively, build and run effectively the off-site supervision system, to help the authorities implement off-site supervision. Finally, aiming at the problem of non spot supervision index system is not perfect, the regulatory body of small loan companies off-site regulatory process is not clear, the imperfect laws and regulations, technical support is not enough, the data size is not uniform and distortion, put forward the policy suggestions.