The Study On The Supervision Of Private Investment And Financing Institutions In Rural Areas

In 2010,the state council had Launch the opinions of encouraging and guiding the healthy development of private investment,"which encouraged and guided private capital into the financial services and encourage private capital to launch a financial intermediary services ".In 2012,the financial comprehensive reform pilot zone was first introduced in Wenzhou,followed by the explosion of private investment and financing institutions such as investment management,investment consultation and financial services.The simple private investment and financing institutions registration procedures,flexible lightly regulation and capital operation had improved the micro,small and medium-sized enterprises and individual industrial and commercial households financing convenience,which was beneficial to expand reproduction,promoted the local economic development,enriched the residents' personal and family financing and investment channels as well as indirectly promoted the banking reform and transformation.Also it filled the formal financial institutions to the problem of shortage of money supply,Put folk lending in the sun,rationalization.Along with the economic downturn,since the second half of 2013,there are many problem of illegal private investment and financing institutions of compliance management.The social public in a disguised form fund-raising,frequent absorption funds,private investment and financing institutions from across failures,delisted.The victims are in rural areas and urban and rural integration of the masses.Parts of them appeared even investors their government,seriously disturbed the financial order and social order,to local government caused great pressure stability.Facing the problems of private investment and financing institutions,how to improve the supervision of such institutions is an important task before us.Adhere to the principle of combining theory with practice,this paper is on the basis of the theory of adverse selection,avoiding regulation,herding effect,selecting the regulatory situation of Yueyang to rural folk investment and financing institutions as the research object.Through the way of questionnaire survey,interviews,supplemented by the necessary structure for investigating and analyzing the present situation and problems of rural folk financing institution governance from the governance framework failure,lack of day-to-day management,crisis handling failure three levels: finding out the rural folk financing realistic problems existing in corporate governance.According to the investigation,combined with work reality,there are three aspects of the governance framework,daily supervision,crisis management,which analyzes the root causes and draw lessons from Hong Kong,the United States,regions and cities at home and abroad such as Singapore and Wenzhou,Ererduosi in private investment and financing management.Strengthening the supervision of rural folk financing institutions,putting forward to speed up the perfect legal laws and regulations,strictly executing access exit criteria,building system of risk supervision,implementing information disclosure on a regular basis,constructing multi-layer supervision mechanism,strengthening the investment risk education,which are to stay strictly in accordance with the management,etc.