Gold accuses a group to must hold a card to manage! Bureau of stability of Central Bank finance is t

For a long time superintended method to have newest progress again without the financial holding company of the message.

On May 7, media coverage says, china superintends the financial holding company that the orgnaization is drafting to manage detailed rules, the license plate of financial holding company that asks financial holding company must obtain the Central Bank to issue first, undertake the card is managed holding.

Reporter of certificate business China suffers from many visit an object to understand, at present bureau of stability of Central Bank finance is taking the lead make gold accuse company management measure, method will allow strict and introductory cage, normative gold to accuse the correlation between company in-house subsidiary to trade from setting market, structure of equity of aggrandizement capital authenticity and enough sex requirement, normative company, large stockholder and tall canal hold a post the respect such as the requirement makes clear relevant provision.

Particularly notable is, civilian battalion gold accuses will be the key standard that gold controls company management measure and superintendency object.

"The key this year is superintended accuse in civilian battalion gold. " message personage discloses. Beyond question, final already to be being superintended of financial holding company in the round, relevant policy method is in research to establish level, hopeful be born carries out the word that go well this year.

Superintendency layer is met resolved should accuse a company to publish technical superintendency measure to carry out to gold superintend, because current gold accuses a few chaos that company place exists to be highlighted like the problem,basically be, must " helper " the canal accuses; On the other hand, superintended blank a few years to fall in the past, gold accuses company rapid development to expand, huge system is measured and dimensions also becomes orgnaization of systematic value finance increasingly, must bring into superintendency limits inside.

Personage of travel having center expresses to reporter of certificate business China, the blind dilate that gold controls a company and development increased the systematization finance risk of our country greatly, be badly in need of adopting legislative plan Fan Jifa is exhibited and aggrandizement is superintended. But legislative process will be more lengthy, and accuse a company to carry out to gold superintend extremely urgent, fall in this kind of circumstance so, publish the means of sectional regulations through superintending a branch first, accuse a company to carry out to gold comply with law superintend, became expedient.

"From sectional regulations publish flow to look, superintendency branch protocol is over after detailed rules, may seek an opinion publicly external, but the dear sex that because gold accuses company management,method publishs, predicting opinion is asked for period too won't long. After superintendency branch undertakes editing according to received social opinion, need to sign up for the State Council to approve again, obtain after approving can release formally carry out. " personage of this Central Bank says.

Integrated and various the viewpoint looks, further capital is taken off solid to empty, false note endowment or note circularly endowment, excessive lifting debt, company to administer right of large stockholder of diseased, abuse to wait is problem gold control a company " common fault " .

Refine of introduced from the northern and western nationalities or from abroad dawn ever showed president of bank of Chinese imports and exports, the gold with bigger risk accuses a group to put in a few apparent characteristics:

The leverage that is financial orgnaization is higher, be incontinent ground raises debt even in great quantities in the process of asset dilate;

2 it is legal person processing is diseased;

3 be dissimilation appears in management process, asset of insurance company make it invests a company, firm of banking of industrial make it;

4 it is these orgnaizations body amount is normally larger, the word of occurrence risk incidence is big, cause systematization banking venture possibly even.

In addition, personage of interior of one Central Bank expresses to reporter of certificate business China, because gold dominates company business field dimensions of multivariate, asset framework of giant, organization is complex, already became orgnaization of systematic value finance actually.

Although relevant superintendency detailed rules still is in protocol, have not decide finally, but the superintendency general orientation that gold accuses to run way is relatively clear.

Coulee of week of Central Bank president is in before this year " two meetings " during express, the superintendency that controls a company to gold will have key of tripartite side side:

It is the authenticity that emphasizes sth used to one's own advantage, enough sex and capital quality. He expresses, finance is high risk industry, because this is about,adequate capital absorbs a risk. The capital of holding company of a few banking is not true and at present complete, existing to be noted phonily socially endowment, note circularly endowment problem.

The 2 diaphaneity that are structure of ambitious attune equity. Control the person's condition the equity structure of financial holding company, actually to answer enough and transparent, can appear otherwise violate compasses operation.

3 it is the management that strengthens pair of correlation to trade. Between the financial orgnaization that finance accuses a group interior, or it is gold correlation may exist to trade between the hypostatic company that controls a group and overseas business, want the government that aggrandizement correlation trades, between financial orgnaization and holding company, and with other substance firewall system is built between the enterprise.

Consult right other the superintendency method of kind of finance orgnaization, many analytic personages think, the content of superintendency detailed rules should include at least:

1, undertake market admittance examine and approve to financial holding company;

2, source of partner, financing is examined; To thing of trustee of financial holding company, inspect and senior administrator hold a post the qualification undertakes approve;

3, undertake to financial holding company spot examination and blame spot are superintended;

4, violate compasses behavior to undertake the superintendency content such as administrative punishment wait to breaking the law.

Another be close to Central Bank personage to say to analysis of reporter of certificate business China, the superintendency focal point that gold charges company management measure predicts can main body is the following now all directions face:

It is to ask to hold a card to manage, to accusing the home or two two above do not carry out admittance to examine and approve with the legal person main body of type finance orgnaization.

2 it is to install specific capital to ask amply, and according to penetrable principle, those who emphasize gold controlling company capital is true and complete.

"Although differ type finance orgnaization (be like bank, insurance) it is different to the requirement of capital, but the finance that the capital that predicts to control a company to gold asks meeting basis is now available amply superintends a requirement, ask according to what accusing the type set of an orgnaization to differ. " should be close to Central Bank personage to say.

3 it is a setting " firewall " , normative gold accuses company in-house correlation to trade.

"This one is Chongzhongzhi is weighed, to the tie that in-house correlation trades and standard, install on the capital dimensions that the likelihood can trade from correlation not only ' red line ' , still can accuse company interior to be used of the collaboration crossing a boundary between different business, capital each other to gold wait for a respect to set is made clear and superintend a requirement strictly " .

The 4 asset states that are large stockholder, involve hypostatic enterprise to initiate especially when establishing gold to control a company, predicting meeting puts forward to make clear to industrial management state and strict admittance requirement.

In addition, according to media coverage, penetrate to come true superintend, administrative detailed rules and regulations still accuses requirement gold the company to command the layer stage of subordinate subsidiary, group framework cannot too complex.

Afore-mentioned keys that are analytic government measure superintend detailed rules, but actually, on object be superintendencied, next superintendency branches also can emphasize particularly on somewhat, that is civilian battalion gold accuse.

In recent years, as the be accelerated ceaselessly and confuses already run work up of financial innovation pace, the our country in practice already formed the gold of a variety of forms to control a company. Reporter of China of the business that occupy certificate is not complete statistic, at present a few big gold accuse a group of people of same interest to include: Gold of center look forward to accuses, local gold accuses, civilian battalion gold accuses, group gold accuses, Internet gold accuses to wait.

The body amount that gold of center look forward to charges is huge, can divide further again for: Gold of financial center look forward to accuses, gold of industrial center look forward to accuses. Data shows, up to 2016 end, nearly 70 central enterprises own subsidiary of of all kinds finance in all many 150, have hold of enterprise of 28 civilian battalion the equity of orgnaization of 5 above finance.

After the letter in afterwards, smooth big gold accuses a group, at present our country had formed tens of homes large finance accuses a group, the bureau enrolling business of capital of industry of center look forward to, medium oil and national electrified wire netting; Establish diplomatic relations in the workers and peasants that the bank fastens; China be in harmony of company of management of 4 big capital fund, letter is amounted to, Oriental, Great Wall. These center look forward to accuse large gold accuses a group capital fund is normally huge, mastering core industry and resource, financial license plate is basic already include is all ready.

Besides pattern gold of firm center look forward to accuses platform besides, at present not only provincial government majority is participated in, even the government of one class also is in the area travel of integrated place hock, assure, small borrow capital fund of be in harmony waiting for gold, undertake oneself gold controls distribution, these local gold accuse to be a place mostly state-owned and solely invested or control a company.

However, go a few years, company field dominates in gold inside, have a new force suddenly rises of a force -- civilian battalion capital. Because civilian battalion capital is manacled opposite less, fast have a ride on a horse encircles the ground, work energetically go up quickly financial domain, gold of a few civilian battalion accuses to float the sea is fastened for example, answer galaxy, versatile department, they all accuse core banking company, financial license plate is more all ready already. For example, extensive sea department, answer galaxy came true already basically " industrial + finance " double round drive.

Easy program of Central Bank president is in by March communal circumstance speak bluntly, minority is cruel growth finance accuses a group to existing bigger risk, smoke escape capital, loop is noted endowment, note phonily endowment, and trade through shocking correlation undertake the interest is carried wait for a problem to be highlighted quite, bring cross the orgnaization, contagion that crosses the market, state that cross trade risk.

And what say in mouth of easy key link " minority is cruel the gold that grow controls a company " , advocate if show partial civilian battalion fastens blame banking company to initiate financial gold,control a company, the risk that accumulates in the fast dilate that goes a few years is outstanding with each passing day.

Can predict, the gold that future publishs accuses a company to superintend method, or will capture a problem to highlight classification of financial holding company to use strategy; Superintendency key target, be in stay blame banking company (especially partial civilian battalion is) initiate the gold that establish to control a company.

Jin Penghui of president of branch of Shanghai of committee member of countrywide the Chinese People's Political Consultative Conference, Central Bank " two meetings " during with respect to the proposal, in view of measure of industry of banking of investment of Chinese of all kinds main body is at present various, but according to catch put small principle greatly, from consideration of systematic value angle, dimensions the orgnaization with higher rate of the excessive outside bigger, risk brings into superintendency category:

It is at present the gold of commercial bank dominant accuses a company to already was brought into to superintend, the superintendency regulation that expresses processing about the bank has been carried out move, risk hidden danger is relatively lesser, its superintend the business that basically is bank and blame bank subsidiary mainly to cooperate;

2 it is the financial holding company that ties dominant of financial holding company, local government to insurance, civilian battalion accuse group of banking of group of be in harmony of money paid for shares, Internet to wait, should give pay close attention to mainly and superintend.