The Guiding Opinions set a five-year goal for the high-quality development of the banking and insurance industries: by 2025, the financial structure will be more optimized, and a multi-level, wide-coverage and differentiated banking and insurance institutional system will be formed. * * * Take stock of 30 measures * * * Outline the high-quality development priorities and business "forbidden zones" of the banking and insurance industry.
Promote the formation of a multi-level, wide-coverage and differentiated banking and insurance institution system; Improve the financial product system that serves the real economy and people's living needs; To achieve a higher level of opening to the outside world and other key tasks, the CBRC once again requires banks and insurance institutions to implement the positioning of "housing and not speculating", strictly implement the requirements of real estate financial supervision, prevent funds from illegally flowing into the real estate market, curb the excessive growth of residents' leverage ratio, and promote the healthy and stable development of the real estate market.
In recent years, regulators have issued several documents to regulate the use of credit funds. For example, from 2065438 to May 2009, the China Banking Regulatory Commission issued the Notice on "Consolidating the Achievements of Combating Chaos and Promoting Compliance Construction", emphasizing that real estate development projects with incomplete "four certificates" provided financing in violation of regulations; Diversion of personal comprehensive consumer loans, business loans, credit card overdrafts and other funds to purchase houses as the key rectification content.
Shortly after the release of the above documents, the CBRC carried out a major rectification of real estate trust financing, and many trust companies obtained "window guidance". In August of the same year, the China Banking Regulatory Commission issued the Notice on Special Inspection of Real Estate Business of Banking Institutions in 20 19, stating that due to overheated housing prices and excessive real estate credit in some cities, the supervision will carry out special inspection of real estate loan business, especially for illegal and illegal acts of blood transfusion from banks to the real estate market through off-balance sheet and interbank channels, and will face severe punishment from the supervision.
Although preventing funds from illegally flowing into the real estate market has been repeatedly mentioned by the supervision, there are still institutions that "do not change after repeated education". According to the incomplete statistics of today's reporter in beijing business today, in the whole year of 20 19, a number of banks and their related responsible persons were fined for illegally flowing loan funds into the property market, including state-owned banks, joint-stock banks, urban and rural commercial banks and rural credit cooperatives. , the total fine exceeds 1 100 million yuan.
Judging from the above fines, the illegal entry of bank credit funds into the property market is mostly due to "inadequate credit management" and the management of post-loan capital flow, and the control of capital flow has always been a major difficulty in personal consumption loan business.
In the eyes of the industry, the main reason is that it is difficult to monitor the flow of funds after lending. Once the funds leave the banking system, it is difficult to monitor the specific flow of funds based on current technology. Su, a senior researcher at Sack Research Institute, told beijing business today today that the keynote of future supervision is still to strengthen top-level design, promote structural optimization and develop scientific and technological innovation on the premise of safety and risk control.
Yan Yuejin, research director of the think tank center of Yiju Research Institute, pointed out that this policy is clear, and bank insurance institutions should implement the positioning of "housing and not speculating", strictly implement the requirements of real estate financial supervision, prevent funds from illegally flowing into the real estate market, curb the excessive growth of residents' leverage ratio, and promote the healthy and stable development of the real estate market. Generally speaking, the control of illegal funds and leverage ratio by such policies will objectively help to purify the real estate financial environment and play a positive role in the healthy development of the future property market.