On December 28, Guangxi guangtou asset management company announced that under the support and guidance of the credit investigation center of the people’s Bank of China and Nanning central sub branch of the people’s Bank of China, guangtou investment management completed the preparation for the access to the credit investigation system, and obtained the reply to the access to the credit investigation system of the people’s Bank of China on the same day, becoming the first in China, It is also the only local AMC that has been approved to access the credit investigation system of the people’s Bank of China.
Guangxi guangtou asset management company said that it attached great importance to the guidance of relevant leaders of the credit investigation center of the people’s Bank of China in the investigation process, took the lead in formulating the credit investigation access work plan, adhered to the strict implementation of the regulations on the administration of credit investigation industry, the provisions of the personal information protection law and the regulatory requirements of the people’s Bank of China, strictly adhered to the bottom line of information security, and made efforts in system compliance, system construction In terms of information security, we have made full preparations for access, which has been unanimously recognized by the credit investigation center of the people’s Bank of China and Nanning Central Branch of the people’s Bank of China.
On October 21 this year, Chen Binhui, general manager of the enterprise department of the credit investigation center of the people’s Bank of China, Guo Jing, assistant to the general manager, and his party went to Guangxi guangtou Asset Management Co., Ltd. to investigate the preliminary preparations for credit investigation and access. Chen Binhui, Guangxi guangtou Asset Management Co., Ltd. continued to improve the relevant requirements for access to the credit investigation system:
First, we should control risks. While realizing the access and submission of credit investigation, we should strictly prevent information confidentiality and security risks, adhere to the risk bottom line, and strengthen the construction of comprehensive risk management system in accordance with relevant laws and regulations;
Second, do a good job in system development and docking. Prepare for the pilot opening and docking, clarify the company’s credit reporting needs, and effectively combine the disposal of non-performing assets with the resolution of financial risks;
Third, enterprises need to strengthen the construction of internal control. We should not only improve the company’s system construction, improve employees’ data security awareness, ensure that information and data security are controllable and employees perform their duties in place.
It is understood that Guangxi guangtou asset management company’s access to the credit investigation system of the people’s Bank of China is related to the notice on carrying out the pilot work of non-performing loan transfer issued by the cbcirc, which officially approves the transfer of single household corporate non-performing loans and batch transfer of individual non-performing loans.
Article 9 of the above documents requires good connection of credit investigation records: if the non-performing loan still belongs to the scope of credit business after the transfer, the credit investigation rights and responsibilities such as credit investigation data submission and objection handling shall be transferred from the original transferor to the transferee from the date of non-performing loan transfer. The original transferor shall still be responsible for the credit investigation before the transfer. The original transferor and transferee shall do a good job in connection with the work and ensure the legitimate credit investigation rights and interests of the information subject. If the transferee needs the assistance of the original transferor, both parties shall agree in the creditor’s right transfer contract in accordance with the market-oriented principle.
Hu Xuemei, a partner of KPMG’s special asset portfolio, previously said that since AMC has not established a debtor credit investigation management system associated with the PBC credit investigation system, the connection of the credit investigation system is a relatively simple operation for banks, but it is a blank for AMC. “This has an impact on personal credit repair and personal loan collection.”
“Credit investigation authorization is not only an obvious problem in the current non-performing transfer of personal loans, but also a relatively late problem. That is, if the debtor pays back the money, but the local AMC can’t restore the credit investigation to the debtor, it will affect the collection efficiency.” A local AMC person explained that previously, the bank credit investigation could be submitted in time, but the local AMC submission channel has not been opened up. Therefore, some dredging work needs to be done between the central bank, local AMC and other institutions.
With the release of the above pilot notice, it has now lasted 11 months, and the participating institutions have greatly expanded their capacity in the early stage. As of December 24, 539 institutions had opened non-performing loan transfer business accounts, including 181 state-owned banks and branches, 195 joint-stock banks and branches, 109 financial asset management companies and branches, 49 local asset management companies and 5 financial asset investment companies.
Near the end of the year, the batch transfer market of personal non-performing loans is also accelerating. As of December 28, there have been 15 announcements on the transfer of personal non-performing loans this month, including Ping An Bank Co.Ltd(000001) , China Citic Bank Corporation Limited(601998) , Industrial Bank Co.Ltd(601166) , Postal Savings Bank Of China Co.Ltd(601658) , Guangdong Development Bank, etc.
(21st Century Business Herald)
