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

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Moody's: China's new measures on P2P lending are credit positive

By Chen Jia | chinadaily.com.cn | Updated: 2018-08-21 14:42
Share
Share - WeChat
The global credit rating agency Moody's called China's newly-issued regulations on peer-to-peer lending platforms are "credit positive". [Photo/IC]

The global credit rating agency Moody's called China's newly-issued regulations on peer-to-peer lending platforms are "credit positive", because they will strengthen protections to individual lenders and prevent risk spilling over to the broader financial system.

Moody's commentary came after Chinese regulators announced 10 measures to address risks related to P2P lending platforms on August 12. The P2P platforms enable individuals to lend directly to borrowers through the Internet.

The new regulations clarified responsibilities of P2P platforms and their shareholders, stipulated conditions for orderly liquidation of failed platforms, outlined penalties for borrowers that escape their debt obligations and prohibited registration of new platforms.

These measures were issued when P2P platform failures emerged in June and July, amid rising cases of corporate default, tightened liquidity and strengthened regulatory scrutiny in the broader system.

"We believe financial institutions' direct exposure to P2P platforms is limited," said David Yin, a VP and senior analyst with Moody's Investors Service.

The agency said Chinese banks' involvement in those platforms has been limited to serving as custodians and they rarely provide funding. But some non-bank financial institutions, such as trust companies and micro-credit companies, may face higher risk. As they lend to P2P borrowers, they would suffer losses if the platform failed.

"The new measures, consistent with other rules announced since the end of 2017, show that authorities will further tighten regulation of internet financing, which has become a breeding ground for fraud and misappropriation," Yin said. "And they will help stabilize the P2P sector and resolve failed platforms."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 宜丰县| 丰县| 武隆县| 紫金县| 昌吉市| 大渡口区| 莱芜市| 贵定县| 合阳县| 辽阳县| 武威市| 天峨县| 丹寨县| 会理县| 田东县| 京山县| 松滋市| 桃园县| 漾濞| 楚雄市| 汝城县| 西丰县| 宜昌市| 车险| 黄冈市| 谢通门县| 乳源| 宜城市| 甘谷县| 家居| 临沂市| 江北区| 图片| 大城县| 长泰县| 丹凤县| 阜宁县| 开封县| 西安市| 岗巴县| 武强县|