Internet finance industry top design Basic Molding

　The top-tier design of the internet finance industry, which is widely concerned by the industry, is about to be basically shaped.

Securities Times reporters from the relevant sources, in mid-July, the central bank convened a number of internet finance companies held a meeting, the central bank in the pending "on the promotion of sound development of the Internet financial Health" document and Internet financial companies to communicate.

People close to the central bank said the document could be released at any time.

Internet Finance is the supplement of traditional finance

The outlines of China's internet banking regulatory system are clearly outlined in the directive. The paper is divided into five parts, which are the significance of Internet financial development, the principles of development, supervision, supervision and supervision.

In the exposition of the significance of Internet financial development, the central bank's positioning of internet finance is a supplement to traditional finance, emphasizing that traditional finance is the mainstream. As a complement to the Internet finance has not changed the nature of financial risk, so still need to strengthen regulation.

"Directive opinion" also clear, the principle of Internet finance development serves entity economy, obey macro-control and economic stability, protect consumer's rights and interests, practise fair competition and supervision self-discipline.

An internet finance industry researcher said the information disclosed by the directive is basically in line with the previously circulated central bank, where regulators do not want to see the positive competition between internet finance and traditional financial institutions, and the need for internet finance to play a role in small, individual areas where traditional financial institutions are difficult to cover. The document not only defines the site for Internet finance, but also sufficient the space for Internet financial innovation and business development.

Coordinated supervision

As for the regulation of Internet finance, the guiding opinions are clearly for system supervision, classified supervision, cooperative supervision and innovation supervision.

In this respect, industry analysts said that the regulatory authorities will establish a basic regulatory system and standards, the Internet finance in accordance with third-party payments, net loans (Peer-to-peer), public financing, Internet insurance and other categories, the central bank, the Banking Regulatory Commission, the SFC, CIRC and other departments of the Internet financial institutions to cooperate in supervision. Innovation in support of Internet financial institutions should be carried out under the principles of development and risk control.

and the Internet financial supervision will focus on the Internet payment, Peer-to-peer network lending, public financing, Internet fund sales and Internet insurance, five major areas.

According to this document, the specific regulatory content of internet finance is mainly to set up Internet financial website filing system, strict minimum registered capital Requirement, establish information disclosure system, clear risk hint, establish qualified investor system, strengthen network information security, strengthen anti-money laundering, strengthen and pay attention to consumer rights and interests protection, We should strengthen the construction of industry self-discipline and credit infrastructure, strengthen the data statistic work, strengthen the finance and taxation support policy, and strengthen the research work of internet finance.

The regulatory self-discipline will be based on the newly established Internet Finance Association. In the future, if you want to set up an Internet financial website, you may need to apply to join the Chinese Internet Finance Association before you can apply for an Internet financial website.

Internet Payment Regulation

According to the directive opinion, Internet payment should adhere to the principle of small, convenient. Industry analysts said that this means that large payments, large investment banking will be clearly not the development direction of Internet payments, the central bank move to force the third party to pay back to the small micro-payment positioning.

The central bank's approach to internet payments began this March. In March this year, the central bank has issued to the Third-party payment enterprises, "Payment agencies network payment business management measures" and "mobile payment business development guidance" draft. Where the individual payment account of the transfer, consumption limits.

For the positioning of the network payment and basic purposes, the central bank at the time of the statement: Internet payment should always adhere to the development of E-commerce services and to provide the community with small, convenient, convenience, the purpose of micro-payment services.