The Reseaech On The Risk Status And Regulatory Measures Of Yueqing Small Loan Company

Since the China Banking Regulatory Commission and the People's Bank jointly issued the "Guidance to the pilot work of small loan companies" in 2008,Zhejiang Province also carried out the pilot work of small loan companies throughout the whole province.After several years of development,Yueqing's small loan companies had achieved good economic and social benefits and also brought some problems to be solved.Taking the small loan companies in Yueqing and regulatory policies of government as the research objects,this paper chooses six small loan companies established since the pilot project in Yueqing City.This paper analyzes actual development status and existing problems of small loan companies in Yueqing with the methods of field visits,on-site check of the account and credit management system of the small loan companies,and first-hand information from the management,shareholders and employees of the companies,combining with domestic and foreign research on small loan companies and relevant theory about financial supervision,and the use of data to analysis the development trend of small loan companies.This paper analyzes the basic situation and existing problems of the small loan companies,expounding the current implementation of regulatory policies in Yueqing and summarizes the existing problems of regulatory policies such as the inreasonality of setting up of supervisor authorities,deficiency of legislation,ambiguous orientation of law,deficiency of regulatory power,lag of regulatory policy and so on.These problems are related to the top policy design,implementation of grassroots government and so on.On the basis of the successful supervision experience of foreign countries,the following measures are presented: optimizing the supervision system,playing the role of market mechanism,further improving the classificated supervision measures,and urging the small loan companies to perfect the internal control mechanism.The purpose of this paper is to study how to improve the current regulatory system and put forward corresponding suggestions and countermeasures by analyzing the existing problems of regulation policy of Yueqing,to provide a reference to supervision work for other grassroots government,and also a reference to regulatory policy for higher level government,promote the healthy development of the whole industry of small loan companies in Yueqing.