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How to standardize party member cadres' participation in private lending?
1. It is strictly forbidden to organize, engage in or participate in illegal fund-raising, illegal private lending, illegal absorption of public deposits and other activities;

2. It is strictly forbidden to provide convenience, guarantee and protection for illegal fund-raising, illegal private lending, illegal absorption of public deposits and other activities, or to connive at or cover up these activities by using the influence of authority and position;

Three, it is strictly prohibited to use the convenience or influence of authority and position, free or significantly lower than the normal interest to the management and service objects and other units and individuals related to the exercise of authority;

Four, it is strictly prohibited to use the convenience or influence of authority and position to lend funds to management and service objects and other units and individuals related to the exercise of authority, charge high interest or seek other illegitimate interests;

Five, it is strictly prohibited to use the convenience or influence of authority and position, entrust others to invest in securities and futures or in the name of other entrusted financial management, and obtain "income" without actual investment, or although the actual investment, the "income" is significantly higher than the investment income.

Extended data:

To judge whether party member cadres illegally participate in private lending, we should pay attention to the following issues:

1. Leading cadres in party member participate in normal private lending, which does not violate party rules and regulations, but shall not exceed 4 times the interest rate of similar loans from banks. Seriously exceeding the interest rate stipulated by the state and causing adverse effects, the corresponding party discipline responsibility shall be investigated in accordance with Article 29 of the Regulations on Disciplinary Actions against Party Discipline and Political Discipline.

2. Engaging in private lending in violation of regulations objectively shows that the lending behavior of party member cadres is obviously related to their functions and powers, which may affect the fair execution of official duties. In reality, judging whether there is a clear connection with one's own authority is not based on party member's subjective will and thoughts, but on the objective influence that the authority and position of party member cadres can have on the interests of the other party.

3. Pay attention to the difference between violating discipline and breaking the law. If party member cadres did not use their powers or positions to seek benefits for the party accepting the loan, but this kind of lending behavior is obviously related to their powers and does not rule out the possibility of using their powers to seek benefits for them in the future, it can be concluded that the party member cadres violated the party's integrity discipline.

It should be noted that some party member people use their authority or position to help each other or seek benefits in order to obtain so-called "returns" and obtain higher interest under the guise of private lending. This kind of behavior should be regarded as bribery.

References:

Bureau of retired veteran cadres of cangnan county committee-"five prohibitions" notice.

China discipline inspection and supervision newspaper-how to identify party member's illegal participation in private lending