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Hot city full coverage
It is understood that this special inspection involves a broader content, including personal housing mortgage loans, real estate development loans and financial capital into the real estate field whether the violation and the like. Named in the notice to the soaring prices of 16 hot cities are Beijing, Shanghai, Guangzhou, Shenzhen, Xiamen, Hefei, Nanjing, Suzhou, Wuxi, Hangzhou, Tianjin, Fuzhou, Wuhan, Zhengzhou, Jinan, Chengdu.
The CBRC requires checking the above 16 cities banking financial institutions as of the end of September 2016, real estate-related business circumstances, may be appropriate to extend retroactive or according to the actual situation and the requirements of the local banking regulatory bureau on December 5 will be submitted to a special inspection report.
The past two months, China Banking Regulatory Commission concerning the real estate credit business oriented increasingly cautious. Banking Regulatory Commission Chairman Shang Fulin Speaking earlier at a meeting held in mid-September, which stressed the need to strengthen the real estate credit risk stress testing and testing. In the October 21 meeting of the third quarter, the CBRC economic and financial situation analysis meeting, the CBRC once again proposed to strictly control the real estate finance business risks, including strict control of financial funds from banks into the real estate fields.
Local banking regulatory bureau has also taken action in accordance with the spirit of the CBRC. For example, in less than a month, the Shanghai Banking Regulatory Bureau requiring commercial banks to continue to strictly enforce limited credit policies to prevent disguised relax the requirements of the policy edge ball playing, and reiterated to the down payment funding review. Thus, the Shanghai real estate regulation and further overweight.
Real estate business full “physical”
The CBRC is checking these 16 hot urban commercial banks in real estate business, a comprehensive physical examination.
Specifically, the notice required to check whether the individual housing loans, according to “Shi by city policy” principle, strictly implement differentiated housing policy; whether strict enforcement of the minimum down payment requirements; whether conscientiously perform their down payment funds authenticity and solvency of loan applicants evaluation and inspection; whether earnestly implement the credit limit policy requirements.
Real estate development loans, will have to check whether a critical review of the qualifications of real estate development business; real estate project meets the minimum capital ratio requirements; whether to carefully examine the authenticity of sources of capital; whether there is a problem bank funds for the purchase of .
The circular also asked to inspect real estate and real estate enterprises to develop business management and control of the situation, one is found to provide home buyers down payment support to help forge proof of income and other irregularities in real estate, banking institutions whether to suspend cooperation, and carefully corrective rectification; the second is found to provide “fake mortgage” and “zero down payment” and other illegal activities in real estate development enterprises, whether to take timely measures, such as stopping the subsequent allocation of credit, stop adding new credit, and correct rectification.
Personal consumption loans, the notification requirement to check whether the bank to strengthen consumer loans, compliance and capital flows, management of personal business loans, credit card advances, the real estate development of downstream business loans and other business; whether there are irregularities grant or misappropriation of credit funds into real estate problem areas.
Money funds is another checkpoint. Notification requirements check whether the bank strictly enforce the bank financing capital investment of non-standard assets ratio limits; cf. whether self-loan management requirements, strengthen bank financial funds to invest in real estate in the field of supervision and management, the existence of illegal funds into the real estate field financial problems.
Real estate trust business compliance operation also included in this special examination, specific examination include: whether the strict implementation of regulations related to real estate trust business; whether to strengthen the trust funds for extension and flow monitoring; avoid regulation by whether the nested products requirements; whether to grant trust to pay the price of the land trust loans, real estate development enterprises whether to grant working capital loans to the Trust; Trust Company to act as if the sources of financing or lending channels, etc., directly or indirectly, paid the down payment loans for all types of agencies and other illegal acts facilitated; trust trust loans to individuals whether to strengthen the monitoring of capital flows to prevent funds being diverted to pay for home buyers down payment.
