The CBRC issued a new regulation requiring a loan interview face sign

February 21 Morning News, yesterday, the CBRC formally issued the "Personal loan management interim measures" (hereinafter referred to as "The method of lending"), "credit measures" stressed the implementation of the loan interview system, to prevent the emergence of individuals by the illegal elements of the bank loans, or the borrower's credit funds by others for misappropriation. The credit scheme expressly stipulates that lenders are not allowed to issue personal loans without a specified purpose. An individual should have a clear legal purpose for the loan when making a loan application.　　At the same time, the lender should conduct due diligence on the borrower's borrowing purpose and effectively prevent the risk of personal loan business. It is worth emphasizing that the "credit method" requires the implementation of the loan interview face sign system, to prevent the emergence of individuals by the lawless elements of bank loans, or the borrower's credit funds by others to misappropriate. In the case of low risk personal mortgage loans issued through electronic banking channels, lenders may not conduct loan interviews, but at least they should take effective measures to determine the borrower's true identity.　　At the same time, in addition to electronic banking channels for loans, lenders should require the borrower to sign the loan contract and other related documents in person. The loan scheme also stipulates that, except in exceptional circumstances, the personal loan funds shall be paid to the borrower by the way of the trustee's payment, that is, the lender shall pay the loan funds to the borrower's transaction object in accordance with the contract for the purpose of payment, according to the borrower's withdrawal application and the entrustment,　　and require the lender to review the loan funds before the release of the relevant transaction data and documents to meet the contract conditions, in the payment of the relevant details of the identification record. The relevant head of the CBRC yesterday stressed the need to prevent excessive credit, not vicious competition and surprise lending. Sometimes the misappropriation of loans originates from loans that exceed the borrower's actual liquidity requirements.　　The official said that the new rules are not only to ensure the normal operation of enterprises on the demand for liquidity, but also to prevent excessive lending led to misappropriation of funds. In addition, the new rules on loan payments and after the management of loans more stringent rules, may increase the personal and business from the bank loan process. But the CBRC stressed that the new rules would not increase the cost of credit and would not affect the total amount of credit. (Snow ting from Beijing)