Is the speculator tragedy?
Editor’s note: This article is from the micro-channel public number “Daily News” (ID: nbdnews), Author: Every time there was correspondent.
On April 7, the reporter learned from the Shanghai Banking and Insurance Regulatory Bureau that the bureau recently organized commercial banks within its jurisdiction to carry out a special self-inspection of personal housing credit management and conducted a supervisory audit investigation. Among them, 135 commercial banks in Shanghai have completed the special self-examination of personal housing credit management, and the problems found include violations of loan usage, issuing mortgages to uncapped houses in the main structure, improper verification of down payment funds, and incomplete post-loan data collection etc.
It is understood that since March 1st, the Shanghai Banking and Insurance Regulatory Bureau has selected 16 banks within its jurisdiction to conduct a special audit investigation on illegal inflows of business loans and consumer loans into the housing market. Up to now, this regulatory audit investigation has found that 123 business loans and consumer loans of 339 million yuan were suspected of being misappropriated in the real estate market. At the same time, it has also been found that some banks have inaccurate identification of first houses, irregular data reporting, and external “loan assistance” agencies. Prominent violations, etc.
Shanghai Banking and Insurance Regulatory Bureau notified six types of typical violation cases
Through audit and investigation, the Shanghai Banking and Insurance Regulatory Bureau found six typical cases of violations, including: personal business loans used to pay the down payment for house purchases; corporate business loans used to pay for house purchases in violation of the regulations; consumer loans illegally used for the bank’s housing Loan down payment; some shell companies are concentrated as entrusted payment counterparties, receiving multiple personal business loans, and part of the loan funds are suspected to be returned to borrowers and used to purchase houses; real estate companies illegally provide down payment funds to house buyers; microfinance company loans Subscribing to the purchase of a house.
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Shanghai Banking and Insurance Regulatory Bureau, based on the self-inspection and regulatory audit investigations of commercial banks within its jurisdiction, has put forward requirements for banks to effectively prevent and control the illegal inflow of business loans and consumer loans into the real estate market, and improve the quality and efficiency of financial services in the real economy. The content includes:
Compare with relevant regulatory requirements, Rectify problematic loans within a time limit; for borrowers who apply for personal housing loans in violation of regulations, such as obtaining down payment funds, fraudulent behaviors, etc., their mortgage applications should be rejected and reported to the Shanghai Public Credit Information Service Platform as information on untrustworthy behavior; for business loans, If consumer loans and other credit funds are misappropriated in the real estate sector in violation of regulations, substantive control measures shall be taken in a timely manner; bank employee management shall be strengthened, legal compliance education for employees shall be strengthened, and borrowers shall be positively guided to use credit funds legally and compliantly in the conduct of business; Bank employees who acted should be held accountable internally or disciplinary action, etc.
At the same time, the Shanghai Banking and Insurance Regulatory Bureau has transferred clues about violations of microfinance companies, pawn companies, real estate companies, and real estate brokerage companies discovered during the audit to relevant departments of the local government to form a regulatory force to jointly combat violations of the real estate market behavior.
The Shanghai Banking and Insurance Regulatory Bureau stated that it will continue to intensify the supervision and inspection of the illegal inflow of business loans into real estate, and adopt corresponding supervisory measures in accordance with the law on the problems that have been verified. Serve the quality and efficiency of the real economy and promote the steady and healthy development of the Shanghai real estate market.
Multiple places “encircle and suppress” business loans illegally flow into the property market
The reporter noted that since the beginning of this year, many places have attacked the chaos of illegal business loans flowing into the property market.
On March 16, the official website of the Guangdong Banking and Insurance Regulatory Bureau disclosed that the banking institutions within its jurisdiction (excluding Shenzhen) had completed the self-examination of personal business loans in a total of 4501 bank outlets, and investigated 567.8 billion yuan of personal business loans and personal business loans. Consumption loans amounted to 216.5 billion yuan, and 279 million and 920 problematic loans were found to have flowed into the real estate market in violation of regulations. Among them, Guangzhou regional banking institutions found 147 million yuan and 305 incurred problematic loans that were suspected to have flowed into the real estate market in violation of regulations. The bureau requires banks to be accountable for rectification within a time limit. Banking institutions have adopted rectification measures such as termination of quotas, one-off full settlement, and early repayment in installments. It has taken warnings, notifications, criticisms, point deductions, etc. for internal employees who have violations. Accountability measures such as economic penalties.
On March 18, the Shenzhen Bureau of Banking and Insurance Regulatory Bureau notified three typical cases of illegal operating loan funds flowing into the real estate market: bank employees misled customers to take operating loans to buy houses; customer managers irregularly carried out business promotion on WeChat public accounts; Personal arbitrage of operating loan funds flows into the real estate market in violation of regulations. In response to the above-mentioned typical cases, the relevant banks have been ordered to rectify immediately and withdraw within a time limitIllegal loans, and hold the relevant responsible personnel seriously accountable.
On March 24, the Beijing Banking and Insurance Regulatory Bureau notified that banks within its jurisdiction conducted a self-examination on the compliance of personal business loans issued since the second half of 2020, and the self-examination found individuals suspected of illegally flowing into the Beijing real estate market The amount of operating loans is about 340 million yuan, accounting for about 0.35% of the total business loan self-inspection business. Some of them involve the bank’s imprudent business handling, and some involve the borrower’s deliberate evasion of review. Based on the bank’s self-examination, the Beijing Banking and Insurance Regulatory Bureau, in conjunction with relevant departments, selected key institutions to further carry out special inspections. It has been found that approximately 30 million yuan of credit funds suspected of illegal inflows into the real estate market have been found. The bureau has initiated the administrative penalty case filing procedures and investigation and evidence collection work for four banks.
On March 26, the General Office of the China Banking and Insurance Regulatory Commission, the General Office of the Ministry of Housing and Urban-Rural Development, and the General Office of the People’s Bank of China jointly issued the “Notice on Preventing Business-purpose Loans from Illegal Flowing into the Real Estate Sector”, requiring banks to strengthen borrower qualification verification. Strengthen credit demand review, loan term management, and strict post-loan management during loans. For individuals and companies that misappropriate business loans, the relevant administrative penalty information will be incorporated into the credit investigation system in a timely manner. At the same time, the three departments will jointly carry out a special investigation on the illegal inflow of operating loans into real estate before the end of May this year, and increase penalties for violations.