Recently, PPmoney, the largest online lending company in Guangzhou, was caught in a running storm. The cause was that the media broke the news that the PPmoney people went to the building and all eight departments had been dissolved.
In this regard, the Guangzhou Financial Work Bureau attached great importance to the grievances. On the same day, Ou Junqing, the local director of the Guangzhou Financial Work Bureau, and his party went to the PPmoney Wanhui Group to conduct a survey.
On December 2, the director of the Guangzhou Financial Work Bureau, Qiu Yitong, told the media that there was no person going to the building and the site was running normally. Qiu Yitong said that Guangzhou's compliance inspection of the online loan industry is about to enter the administrative verification stage, and it is not good for the online loan company to make a specific evaluation.
According to the “Notice on Conducting Compliance Checks for P2P Network Lending Organizations” issued by the P2P Network Lending Risk Special Remediation Leading Group Office and the “List of Compliance Checklists for Internet Lending Information Intermediaries”, local regulatory authorities should be at the end of December this year. Completion of compliance inspections, including self-inspection, self-discipline inspection, and administrative verification. It is understood that most institutions in Guangzhou have submitted self-inspection reports before the deadline of October 10 this year.
Chen Baoguo, Chairman of PPmoney Wanhui Group, said that PPmoney Wanhui Group actively embraces supervision and conducts compliance construction in strict accordance with the P2P Compliance Checklist and the requirements of various regulatory authorities and industry self-regulatory organizations. On the 10th and October 25th, respectively, they submitted their self-inspection reports to the local financial bureau and the China Internet Finance Association to fully display the various aspects of the company's compliance operations. At present, the Group's capital and asset-side businesses have developed steadily.
PPmoney online loan CEO Hu Xin said that in the first 11 months of this year, the overall performance of the PPmoney online lending platform was stable, and the company's revenue and operating profit increased steadily in the first three quarters.
It is worth noting that the reporter of the International Finance News found that the public number of the red-channel identification of one of the media from the media that the “PPmoney people went to the building” message has been blocked, and the current content cannot be viewed. Open the public number page to remind us that this account is suspected of violating the "Network Security Law of the People's Republic of China".
Investing in P2P, security is the most important! You can go to the WeChat public account: financial notes, reply to "ratings" to view the latest online loan rating report.