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內地提高金融租賃公司最低註冊資本金要求

Mainland raises minimum registered capital requirement for financial leasing companies.

AASTOCKS ·  Sep 20 16:36

The China Banking and Insurance Regulatory Commission has issued the "Regulations on the Administration of Financial Leasing Companies", increasing the minimum registered capital requirement for financial leasing companies and enhancing risk resilience. It adds three types of major contributors: state-owned capital investment and operation companies, state-owned financial capital investment and operation companies, and overseas manufacturing enterprises. It appropriately raises the market access standards for major contributors, such as total assets, revenue, and registered capital, and the minimum shareholding ratio requirements, strengthening the shareholder responsibility of major contributors. The requirement for the shareholding ratio of major contributors in financial leasing companies is increased from no less than 30% to no less than 51%.

In accordance with the countercyclical regulation approach, the provision coverage ratio is lowered from no less than 150% to no less than 100%, in order to support financial leasing companies in increasing support for the real economy while ensuring that the loss provisions effectively cover expected credit losses.

The translation is provided by third-party software.


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