This month, the Beijing Municipal Financial Bureau will announce measures for the rectification and acceptance of online lending platforms, the Beijing Business Daily reported. Prior to this, Beijing Financial Bureau has issued the "fact recognition and rectification notice" to the network loan platform. At the press conference also put forward the "qualified one public one" rectification method. However, when the acceptance work really comes, it means that the industry shuffle intensified. In the future, more than half of the platforms will be eliminated or actively quit.
Five big problems need to be solved
According to an interview with the Beijing Business Daily, Shen Hong, deputy inspector of the Beijing Municipal Bureau of Financial Affairs, pointed out five problems existing online lending institutions have, stating that risk reserves must be renamed in the future, platforms that introduce funds from licensed institutions may not be identified as "P2P", and the collective bidding model will be banned. In other words, the above five problems will become the key to the compliance rectification of online lending platforms in Beijing.
For the noisy before whether the risk reserve is prohibited, this time there is a more clear statement. The risk reserve must first be renamed "risk relief". However, the "risk relief fund" is extracted from the profits of the platform, rather than set up by the platform. Many platforms do not need to worry about offline stores, because many platforms have no offline stores since their launch. The problem of capital deposit and management has long been a cliche. The platform without capital bank deposit and management is bound to be eliminated.
Groups are labeled as critical factors
Related to the network loan platform is the key to the collection of standard problem, in order to better connect borrowers and lenders, but also in order to reduce the lender's risk, improve the efficiency of the platform, increase the platform income, many platforms have collection standard. However, from the perspective of supervision, the collection standard adopts the form of "many-to-many", the information disclosure is insufficient, and it is prone to maturity mismatch and liquidity mismatch, so the collection standard will be prohibited.
It is because of the existence of collection marks on many platforms and the benefits of collection marks on platforms that banning collection marks will have an important impact on the industry. Although regulation is not required to be in place in one step, online loan platforms must come up with corrective measures. After rectification, no new collection mark is allowed. That is to say, according to the regulatory requirements, the future Beijing net loan industry will return to the essence, back to the era of loose bid and debt transfer.
Half of the platforms may become obsolete
According to the data of net loan home, as of May 3, the number of platforms that have reached the deposit and management with banks and officially launched reached 187. More than 200 platforms have signed depository agreements. That is to say, there are still about 80% platforms that have not reached the fund deposit and management agreement, and the rectification deadline is approaching. It is still unknown whether they can complete the fund deposit and management in time.
In addition to the bank deposit, the collection standard problem will also become the key factor for the compliance of the Beijing net lending platform. Institutions that fail to complete their registrations on August 24 May be required to continue their rectification or be banned, according to regulatory requirements.
"At present, the whole online lending industry has entered a deep rectification period, the industry dividend has no longer existed, some small platforms or temporarily unprofitable platforms are likely to choose a benign exit." The researcher of Cloud Money Bag said, "In the future, the number of online lending industry platforms will decrease sharply, and it is expected that the number of the entire industry will maintain at about 500. But it is worth waiting to see whether these 500 platforms will once again create a second spring in the industry after the compliance rectification is completed."
