Supervision Proposes P2P Business Small Service Small And Micro Enterprises Mainly

P2P industry was born out of nongovernmental Small loans, and currently carry out tens of millions of dollars or even billions of large loan business. After the Hongling venture issued a loan of 100 million yuan to a company, the P2P industry began to debate whether it should do a lot of business. The core issue of judging the reasonableness of "big single" business is to select the target group of P2P platform services. In the P2P business chain, once exposed the loan enterprise "billion bad debts", the P2P platform also frequently runs the event, as well as provides the guarantee for the loan organization senior management also to be able to collectively "lose contact", this causes the P2P industry to encounter the trust crisis. To this end, the industry has consistently called for regulatory policies. Wang Yanxiu, director of the innovation supervision department of the China Banking Regulatory Commission (CBRC), has made clear ten rules for P2P supervision in the "2014 China Internet finance innovation and Development Forum", which suggests that P2P platform can only do small businesses.

Wang Yanxiu believes that the essence of Internet finance is finance. To this end, Internet banking still has high leverage, liquidity and systemic risks. For financial innovation, the principles of real demand, risk control and compliance management must be firmly followed. At the forum, Wang Yanxiu put forward ten regulations. thinking For example, the P2P platform is always information intermediary, unable to set up a pool of funds, perfect real name system, set up industry threshold, not provide guarantee, investor funds need third party trusteeship, information disclosure should be sufficient, not blindly pursue high interest rate financing projects, strengthen industry self-discipline, adhere to business small scale and so on.

A number of P2P industry people have explained in the interview with the Beijing Commercial Daily reporter that the above supervision ideas have been disclosed intermittently, and require the P2P platform to adhere to the small scale to support the development of individuals and small and micro enterprises. It is understood that the P2P industry was originally born out of private microfinance, and is currently developing millions of dollars or even billions of dollars in large loan business. After the Hongling venture issued a loan of 100 million yuan to a company, the P2P industry began to debate whether it should do a lot of business.

The regulators put forward P2P business small, but did not give quantitative criteria. Liu Bo believes that "big single business is not a clear definition, for a smaller volume of P2P platform, it may exceed 5 million yuan even if the list is large, some platforms do more than 1 million yuan for small and medium-sized enterprises." The core issue of judging the reasonableness of "big single" business is to select the target group of P2P platform services.

As for the supervision of small businesses, love investment Wang explains that this should be from a research report. If the loan amount is very small, the bad rate will be better than that. normal About 30% less, regulators are making norms for such considerations. If we only make personal consumption loans instead of providing liquidity loans to enterprises, it will be difficult to serve the real economy in the end. Therefore, we should refer to another indicator, that is, borrowers, whether they are individuals or small and micro enterprises, try to reduce leverage when lending.

Fan Shenlei believes that the P2P platform is to solve the problem of traditional financial credit capital mismatch. As an effective complement to traditional financial institutions, the coverage of P2P platforms and banks must be complementary. For every platform, whether it is the financial side or the Internet side, establish its own capability circle, then gradually multilevel market segmentation.

In addition, Guo Tianyong, director of the China banking research center of Central University of Finance and Economics, also believes that the P2P platform should not guarantee the guarantee. If the guarantee is only aimed at strengthening the awareness of customers, the real problem platform is also hard to compensate, so we should resolutely reject the internal guarantee and promote the spanparency of capital custody.

Ministry of Finance and General Administration of Taxation: small and micro enterprises raise the starting point of value added tax and business tax.

The Ministry of Finance and the State Administration of Taxation issued the circular on further supporting the policy of value added tax and business tax for small and micro enterprises, which stipulates that from October 1, 2014 to December 31, 2015, taxpayers of small and medium-sized taxpayers and business tax payers who sell 20 thousand yuan to 30 thousand yuan in monthly sales are temporarily exempt from value-added tax and business tax. The policy covers small and micro businesses, individual businesses and other individuals. The two sector promulgated this policy on the basis of the decision made by the Executive Council of the State Council in September 17th.

The effect of this policy is equivalent to raising the current value added tax and business tax threshold from 20 thousand yuan monthly sales (240 thousand yuan per year) to 30 thousand yuan (annual sales volume of 360 thousand yuan), and extending the scope of application from the existing individual businesses and other individuals to small and micro enterprises.