wholesale bulk jewelry sterling silver gold 1000 Implementation of administrative licenses of non -bank financial institutions of China Banking and China Insurance Regulatory Commission (2020)

Jack

November 26, 2022 at 3:28 am

basketball wives inspired jewelry wholesale Chapter 1 General Principles 1 is to regulate the administrative license behavior of the CBRC and its dispatched institutions non -bank financial institutions, clarify administrative license matters, conditions, procedures, and periods, and protect the legal rights and interests of applicants. "," Administrative Law of the People's Republic of China "and other laws, administrative regulations, and relevant decisions of the State Council, and formulate these measures. Article 2 The non -bank financial institutions mentioned in these Measures include: financial asset management companies, corporate group financial companies, financial leasing companies, auto finance companies, monetary brokerage companies, consumer finance companies, overseas non -bank financial institutions approved by the Banking Regulatory Commission Representatives in China and other institutions. Article 3 The CBRC and its dispatched agencies shall implement administrative licenses to non -bank financial institutions in accordance with relevant provisions and relevant provisions and these measures in accordance with the implementation procedures and measures of the administrative license implementation procedures and these measures. Article 4 The following matters of non -bank financial institutions must be administrative licensed by the Banking Regulatory Commission and its dispatched institutions: the establishment of institutions, institutions change, institutional termination, adjustment of business scope and increasing business varieties, qualifications for directors and senior management personnel, laws, administrative regulations, and administrative regulations Standardized other administrative licenses decided by the State Council.
The administrative licensing shall conduct anti -money laundering and anti -terrorist financing review in accordance with the requirements of the "Administrative Measures for Anti -Money Laundering and Anti -Terrorism Financing Financing of Banking Financial Institutions". Article 5 The applicant shall submit the application materials in accordance with the relevant provisions of the CBRC's administrative licensing matters and format requirements. Chapter II Institutional Establishment Section 1 The establishment of the corporate group of the Enterprise Group Financial Company Article 6 Establish a corporate group finance company (hereinafter referred to as finance companies) legal entities shall have the following conditions:
(1) It is indeed a centralized management enterprise group funds The needs can reach a certain business scale after reasonable prediction;
(2) the company's articles of association in accordance with the "Company Law of the People's Republic of China" and the CBRC; People;
(4) The registered capital is a one -time real -currency capital, and the minimum limit is 100 million yuan or equivalent can be freely exchanged for currency;
(5) Directors who meet the qualifications of the job, Senior managers, at least one person in key positions such as risk management, capital management, credit management, settlement, etc. have at least one person with more than 3 years of related financial practices;
(6) Financial company employees engaged in financial companies. Or those who have been in financial work for more than 3 years should not be less than two -thirds of the total number or more than one -third of the total number of people;
(7) Established effective corporate governance , Internal control and risk management system;
(8) Establishing information technology architecture that is compatible with business operations and regulatory requirements, information systems that support business operations, security and compliance, and have the continuous operation of security business operations operation Technology and measures;
(9) There are business places, safety precautions and other facilities that are compatible with business operations;
(10) Other prudential conditions stipulated by the rules of the CBRC. Article 7 The investors of the financial company should be member of the enterprise group members, as well as strategic investors with rich industry management experience outside the member unit; in principle Control.
In except for the state -owned enterprise groups that restrict foreign investors entering the special industry that are entrusted by foreign investors to enter the Special Industry of the Banking Regulatory Commission, new financial companies should have strategic investors who have enriched the management experience of the banking industry as the investor; The partnership, it provides consulting and suggestions from the establishment of institutional settings, system construction, business process design, risk management, personnel training and other consultations for the establishment of financial companies, and at least one senior managers with more than 5 years of banking industry experience Essence Article 8 Enterprise groups applying for the establishment of a financial company shall have the following conditions:
(1) It meets the national industrial policy and has a core main business.
(2) At the end of the last accounting year, the total assets of member units that are calculated in accordance with the regulations are not less than 5 billion yuan or the equivalent value can be freely exchanged for currency. %.
(3) The financial conditions are good. In the last two accounting years, the total operating income of member units that account for and account for accounts in the last two accounting years is not less than 4 billion yuan or equivalent can be freely exchanged for currencies per year. It can be freely exchanged for currency with less than 200 million yuan or equivalent; as a financial company's controlling shareholder, it should also meet the continuous profitability of the last three fiscal year.
(4) The cash flow is stable and has a large scale.
(5) With more than 2 years of centralized financial and funding management experience in enterprise groups.
(6) The parent company's recently paid capital at the end of the year at the end of the year is not less than 800 million yuan or the equivalent value can be freely exchanged for currency.
(7) The parent company has a good corporate governance structure or effective organizational management method, and it is not inappropriately related to related transactions.
(8) The parent company has a good social reputation, integrity record and tax record. There is no major violation of laws and regulations in the past two years, or it has been rectified and approved by the Banking Regulatory Commission or its dispatch agencies.
(9) The parent company shares the funds of their own funds and shall not pay non -ownership funds such as funds and debt funds.
(10) In principle, the balance of equity investment shall not exceed 50%of the company's net assets (including the investment amount); as a financial company controlling shareholder, the balance of equity investment shall not exceed the net assets of the company in principle 40%(including the investment amount); except for investment companies and holding companies stipulated by the State Council.
(11) The number of member units is large, and financial companies need to provide centralized management and services through financial companies.
(12) Other prudent conditions stipulated in the rules of the CBRC.

1 thought on “wholesale bulk jewelry sterling silver gold 1000 Implementation of administrative licenses of non -bank financial institutions of China Banking and China Insurance Regulatory Commission (2020)”

Jack
November 26, 2022 at 3:28 am

basketball wives inspired jewelry wholesale Chapter 1 General Principles 1 is to regulate the administrative license behavior of the CBRC and its dispatched institutions non -bank financial institutions, clarify administrative license matters, conditions, procedures, and periods, and protect the legal rights and interests of applicants. "," Administrative Law of the People's Republic of China "and other laws, administrative regulations, and relevant decisions of the State Council, and formulate these measures. Article 2 The non -bank financial institutions mentioned in these Measures include: financial asset management companies, corporate group financial companies, financial leasing companies, auto finance companies, monetary brokerage companies, consumer finance companies, overseas non -bank financial institutions approved by the Banking Regulatory Commission Representatives in China and other institutions. Article 3 The CBRC and its dispatched agencies shall implement administrative licenses to non -bank financial institutions in accordance with relevant provisions and relevant provisions and these measures in accordance with the implementation procedures and measures of the administrative license implementation procedures and these measures. Article 4 The following matters of non -bank financial institutions must be administrative licensed by the Banking Regulatory Commission and its dispatched institutions: the establishment of institutions, institutions change, institutional termination, adjustment of business scope and increasing business varieties, qualifications for directors and senior management personnel, laws, administrative regulations, and administrative regulations Standardized other administrative licenses decided by the State Council.
The administrative licensing shall conduct anti -money laundering and anti -terrorist financing review in accordance with the requirements of the "Administrative Measures for Anti -Money Laundering and Anti -Terrorism Financing Financing of Banking Financial Institutions". Article 5 The applicant shall submit the application materials in accordance with the relevant provisions of the CBRC's administrative licensing matters and format requirements. Chapter II Institutional Establishment Section 1 The establishment of the corporate group of the Enterprise Group Financial Company Article 6 Establish a corporate group finance company (hereinafter referred to as finance companies) legal entities shall have the following conditions:
(1) It is indeed a centralized management enterprise group funds The needs can reach a certain business scale after reasonable prediction;
(2) the company's articles of association in accordance with the "Company Law of the People's Republic of China" and the CBRC; People;
(4) The registered capital is a one -time real -currency capital, and the minimum limit is 100 million yuan or equivalent can be freely exchanged for currency;
(5) Directors who meet the qualifications of the job, Senior managers, at least one person in key positions such as risk management, capital management, credit management, settlement, etc. have at least one person with more than 3 years of related financial practices;
(6) Financial company employees engaged in financial companies. Or those who have been in financial work for more than 3 years should not be less than two -thirds of the total number or more than one -third of the total number of people;
(7) Established effective corporate governance , Internal control and risk management system;
(8) Establishing information technology architecture that is compatible with business operations and regulatory requirements, information systems that support business operations, security and compliance, and have the continuous operation of security business operations operation Technology and measures;
(9) There are business places, safety precautions and other facilities that are compatible with business operations;
(10) Other prudential conditions stipulated by the rules of the CBRC. Article 7 The investors of the financial company should be member of the enterprise group members, as well as strategic investors with rich industry management experience outside the member unit; in principle Control.
In except for the state -owned enterprise groups that restrict foreign investors entering the special industry that are entrusted by foreign investors to enter the Special Industry of the Banking Regulatory Commission, new financial companies should have strategic investors who have enriched the management experience of the banking industry as the investor; The partnership, it provides consulting and suggestions from the establishment of institutional settings, system construction, business process design, risk management, personnel training and other consultations for the establishment of financial companies, and at least one senior managers with more than 5 years of banking industry experience Essence Article 8 Enterprise groups applying for the establishment of a financial company shall have the following conditions:
(1) It meets the national industrial policy and has a core main business.
(2) At the end of the last accounting year, the total assets of member units that are calculated in accordance with the regulations are not less than 5 billion yuan or the equivalent value can be freely exchanged for currency. %.
(3) The financial conditions are good. In the last two accounting years, the total operating income of member units that account for and account for accounts in the last two accounting years is not less than 4 billion yuan or equivalent can be freely exchanged for currencies per year. It can be freely exchanged for currency with less than 200 million yuan or equivalent; as a financial company's controlling shareholder, it should also meet the continuous profitability of the last three fiscal year.
(4) The cash flow is stable and has a large scale.
(5) With more than 2 years of centralized financial and funding management experience in enterprise groups.
(6) The parent company's recently paid capital at the end of the year at the end of the year is not less than 800 million yuan or the equivalent value can be freely exchanged for currency.
(7) The parent company has a good corporate governance structure or effective organizational management method, and it is not inappropriately related to related transactions.
(8) The parent company has a good social reputation, integrity record and tax record. There is no major violation of laws and regulations in the past two years, or it has been rectified and approved by the Banking Regulatory Commission or its dispatch agencies.
(9) The parent company shares the funds of their own funds and shall not pay non -ownership funds such as funds and debt funds.
(10) In principle, the balance of equity investment shall not exceed 50%of the company's net assets (including the investment amount); as a financial company controlling shareholder, the balance of equity investment shall not exceed the net assets of the company in principle 40%(including the investment amount); except for investment companies and holding companies stipulated by the State Council.
(11) The number of member units is large, and financial companies need to provide centralized management and services through financial companies.
(12) Other prudent conditions stipulated in the rules of the CBRC.

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