This means that the Internet finance industry will bid farewell to the "barbaric growth" era of "no threshold, no rules and no supervision" and be brought into the legal and standardized development track. The promulgation of the Opinions also marks that the Internet finance industry is about to usher in a major reshuffle. Internet finance enterprises with irregular operation and management will be difficult to survive, while formal enterprises will usher in good opportunities for development.

2. Interim Measures for the Supervision of Internet Insurance Business

Clarify the business qualification and industry development of Internet insurance. This is the first detailed regulation of Internet finance classification after the Central Bank, China Securities Regulatory Commission, China Banking Regulatory Commission and China Insurance Regulatory Commission issued the Guiding Opinions on Promoting the Healthy Development of Internet Finance. ?

Measures for the administration of online payment services of non-bank payment institutions

If Internet payment institutions want to finally return to the true nature of "payment business", they cannot have a pool of funds, a banking function, such as clearing business, or a capital channel. In this case, many third-party payment institutions said that the custody business was taken away by banks, which would greatly disrupt the strategic layout of third-party payment institutions.

4. Regulations on Non-deposit Lending Institutions (Draft for Comment)

It is conducive to improving the multi-level credit market, providing an institutional basis for the development of inclusive finance, and also to standardizing private financing, cracking down on illegal fund-raising and strengthening the protection of financial consumers' rights and interests.

5. Provisions on Several Issues Concerning the Application of Law in the Trial of Private Lending Cases

Ten kinds of behaviors that may belong to false private lending litigation are listed. If it is stipulated that it belongs to false litigation after trial, the people's court shall, in addition to rejecting the plaintiff's request, impose fines and detention on the litigants who maliciously manufacture and participate in false litigation in strict accordance with the regulations; If the case constitutes a crime, it must be transferred to a judicial organ with jurisdiction for criminal responsibility.

Baidu Encyclopedia-Legalization of Internet Financial Supervision

Baidu encyclopedia-internet finance law encyclopedia