Research on Legal Supervision of Automobile Finance Companies
With the effective promotion of the national financial risk prevention and control battle,the strong supervision in various fields of the financial industry has gradually begun.In this context,in 2023,the State Financial Supervision and Administration revised and issued the"Management Measures for Auto Finance Companies"to further strengthen the supervision and management of auto finance companies,guide their operation according to law and compliance,and ensure stable and sustainable operation.With the basic purpose of regulating the development of the industry and preventing industry risks,the revision further highlights the differences and uniqueness of its functional positioning on the basis of guiding auto finance companies to focus on serving the expansion of automobile consumption and the development of the automobile industry,and in this way enhances the level of professional financial services of the company and promotes the reform of the supply-side structure in the automobile industry.The newly revised regulations improve the regulatory requirements for auto finance companies while strengthening the operation and management safety and compliance of auto finance companies.In the future,with the continuous improvement of relevant regulations,the high-quality development of auto finance companies will be achieved,bringing new development opportunities for the automotive industry.
auto finance companyautomobile consumption creditrisk preventionstrong supervisionhigh-quality development