Measures for the Administration of Financial Leasing Companies

Measures for the Administration of Financial Leasing CompaniesIt is created to promote the development of financial leasing business and standardize the operating behavior of financial leasing companies. The free version of the Financial Leasing Company Management Measures is provided by Huajun Software Park for free download. The source file is in docx format, which is convenient for users to edit by themselves. For more information on the management measures of financial leasing companies, please pay attention to Huajun Software Park for free downloads.

Contents of the Management Measures for Financial Leasing Companies

(1) Have company articles of association that comply with the Company Law of the People's Republic of China and the provisions of the China Banking Regulatory Commission

(2) There are sponsors who meet the prescribed conditions

(3) The registered capital is a one-time paid-in monetary capital, with a minimum limit of RMB 100 million or the equivalent in freely convertible currency.

(4) There are directors and senior managers who meet the qualifications, and the number of employees with more than 3 years of experience in finance or financial leasing should not be less than 50% of the total number of employees

(5) Establishing effective corporate governance, internal control and risk management systems

(6) It has established an information technology structure that is compatible with business operations and regulatory requirements, has the necessary, safe and compliant information systems to support business operations, and has the technologies and measures to ensure the continued operation of the business.

(7) Have business premises, safety precautions and other facilities suitable for business operations

(8) Other prudential conditions specified by the China Banking Regulatory Commission

Elements of Management Measures for Financial Leasing Companies

As a financial leasing company’s promoter, a financial leasing company with independent legal personality registered outside China should meet the following conditions:

(1) Have a good corporate governance structure, internal control mechanism and sound risk management system

(2) Total assets at the end of the most recent year shall not be less than RMB 10 billion or equivalent in freely convertible currency

(3) The financial status is good and the company has made profits in the last two fiscal years.

(4) Comply with the laws and regulations of the place of registration, and no major cases or major violations of laws or regulations have occurred in the past 2 years

(5) The country or region is in good economic condition

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The Financial Leasing Company Management Measures are a free template. You can download the source file for you to edit, modify and replace. Huajun Software Park also providesOverseas Investment Management Measures,Measures for the Administration of Lawyer Service Feesdownload.