On December 31, 2021, Shenzhen Zhongcheng Zhixin Financing Guarantee Co., Ltd. (hereinafter referred to as "Zhongcheng Zhixin") was fined 400000 yuan due to the illegal inflow of funds into the real estate field and the provision of false documents to the regulatory authorities.
The reporter learned from Shenzhen local financial supervision and administration bureau that according to the regulations on the supervision and administration of financing guarantee companies (Guoling No. 683), Shenzhen local financial supervision and Administration Bureau has investigated the case of Shenzhen Zhongcheng Zhixin Financing Guarantee Co., Ltd. providing false documents to the regulatory authorities, On December 31, 2021, the company made a penalty decision in accordance with item (2) of Article 42 of the regulations on the supervision and administration of financing guarantee companies, and imposed an administrative penalty of RMB 400000 on Shenzhen Zhongcheng Zhixin Financing Guarantee Co., Ltd.
According to the relevant person in charge of Shenzhen Local Financial Supervision Bureau, in June 2021, the Bureau conducted special inspection on individual financing guarantee companies and small loan companies within its jurisdiction in view of the illegal inflow of operating credit funds into the real estate field.
During the on-site inspection of Zhongcheng's letter, the Bureau found that the company cooperated with a small loan company to carry out debt transfer business. In order to further verify the business situation, the Bureau asked Zhongcheng to send a letter to provide relevant business contracts, online banking e-receipts and other materials, and conducted an extended inspection on the small loan company. After cross comparison of the materials provided by the two companies, it is determined that some of the materials submitted by Zhongcheng letter, such as the loan contract and the electronic receipt of online banking, are false documents, and their funds eventually flow to the real estate field, affecting the effectiveness of the national real estate regulation and control policy.
It is reported that some of the "creditor's rights transfer" business carried out by Zhongcheng letter with a small loan company is essentially prohibited by laws and regulations. It misleads the regulatory authorities by providing false materials to conceal its business essence, in violation of the relevant provisions of Article 42 of the regulations on the supervision and Administration of financing guarantee companies. Considering the illegal facts, the nature of the illegal act, the circumstances and the degree of social harm, it was determined that it was suitable for heavier punishment according to law, so it made an administrative punishment decision of RMB 400000.
The above person in charge said that in recent years, the local financial industry has developed rapidly and the types of financial services have been continuously enriched. It has played a positive role in serving the real economy, supporting the development of small and micro enterprises and promoting local economic development, and has become an important supplement to the traditional financial industry. However, at the same time, some local financial organizations also have problems such as non-standard operation and management and non-compliance of business, which hide certain hidden dangers.
According to its introduction, since the bureau undertook the supervision responsibility of "7 + 4" local financial industry, it has continuously consolidated the supervision foundation, improved the supervision system framework, strengthened the construction of supervision information, deeply promoted the industrial supervision norms, and maintained the high-pressure situation of supervision. In October 2020, the bureau made the first administrative punishment decision on Shenzhen Tianda joint Financing Guarantee Co., Ltd. In June this year, the Bureau carried out a special inspection on the real estate business, and took regulatory interviews, ordered corrections and suspended some business with a number of financing guarantee companies and small loan companies according to law to strictly prevent the illegal inflow of operating credit funds into the real estate field.
(Southern Metropolis Daily)
