男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Policy Watch

China steps up crackdown on illegal fundraising

By Jiang Xueqing (China Daily) Updated: 2014-04-22 07:23

China strengthened efforts to prevent and crack down on illegal fundraising creeping into sectors such as peer-to-peer lending and crowdfunding, Liu Zhangjun, an official at the China Banking Regulatory Commission, said.

With the rapid development of Internet finance, illegal fundraising is moving from offline to online, Liu, director-general of a task force established to tackle the problem, told a news conference on Monday. Many illegal investment and financing advertisements are spreading quickly and widely via online channels including websites, Internet forums, micro blogs and e-mail.

A regulatory vacuum has blurred legal boundaries for Internet financing and some people are exploiting that to raise funds illegally, he said.

China steps up crackdown on illegal fundraising
Cashing in on crowds

China steps up crackdown on illegal fundraising
The news conference was jointly held by the commission, the Supreme People's Court, the Supreme People's Procuratorate and the Ministry of Public Security.

The government is tightening regulation of new forms of financing and promoting their standardization. China established an inter-ministry task force to tackle the problem and the CBRC is leading research on how to regulate peer-to-peer lending.

We will encourage the development and innovation of P2P lending platforms as a new form of financing, Liu said. At the same time, we will make sure that the public understands clearly that the platforms are just intermediaries. They are forbidden from providing loan guarantees or building pools of capital.

To strengthen public awareness of the risks, the task force will launch an investor education campaign in May followed by publicity campaigns against suspected illegal fundraising advertisements across China.

Financial innovations and risks sit on each end of a seesaw, Yang Tao, a researcher at the Institute of Finance and Banking at the Chinese Academy of Social Sciences, said. Although it's important to strike a balance, we have to pay closer attention to the risk, for it has significantly increased recently.

Yang suggested the government make further and clearer definitions to the risk and nature of the enterprises that are under the cover of Internet lending. The central government will collect and screen information to reinforce efforts to monitor and flag suspected illegal fundraising, he said.

Some provincial governments are developing platforms to monitor illegal fund-raising and manage the risk of fraud.

The number of illegal fund-raising cases in 2013 - measured by total funds raised and participants - was the second-highest on record. Police solved more than 3,700 cases nationwide and recovered 6.4 billion yuan ($1.04 billion) in economic losses.

Illegal fund-raising has spread to over 87 percent of cities and prefectures in 31 provinces, autonomous regions and municipalities. Recent cases are concentrated in central and eastern provinces, with an increasing number being cross-provincial and thus having a huge impact.

China steps up crackdown on illegal fundraising China steps up crackdown on illegal fundraising
?

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 天峻县| 云浮市| 轮台县| 静宁县| 江西省| 贺兰县| 吉木萨尔县| 博野县| 浠水县| 格尔木市| 沿河| 依兰县| 合肥市| 南阳市| 许昌县| 龙门县| 蓬安县| 新竹县| 琼中| 衡水市| 珲春市| 石狮市| 瑞金市| 广德县| 大厂| 平凉市| 卢氏县| 江阴市| 哈尔滨市| 辽阳市| 湾仔区| 泸溪县| 封丘县| 绍兴市| 隆尧县| 中卫市| 洪江市| 遂川县| 华阴市| 广水市| 巴林右旗|