4.5万亿金融租赁市场迎新规！机构管理+业务规范监管框架成型

Core Viewpoint - The newly released "Management Measures for Financing Lease Business of Financial Leasing Companies" by the Financial Regulatory Bureau signifies a new recognition and emphasis on the regulation of financing lease businesses in China, aiming to guide financial leasing companies to focus on their core mission of financing new equipment assets and continuously serve the real economy [2][6] Group 1: Regulatory Framework - The new regulation consists of 8 chapters and 68 articles, covering the entire process of financing lease business, including due diligence, risk assessment, contract execution, post-lease management, and risk management [2][3] - The regulation establishes a comprehensive and differentiated regulatory system to address prominent issues in the industry, such as inflated valuations and the existence of non-existent leasing assets [2][4] Group 2: Due Diligence and Risk Management - Effective management of leased assets is emphasized throughout all business stages, requiring financial leasing companies to thoroughly verify the suitability, ownership, value, and physical condition of leased assets during the due diligence phase [3][4] - The regulation mandates differentiated management requirements for various business models, including direct leasing and sale-leaseback, to effectively address the unique risk characteristics of each model [4][5] Group 3: Internal Control and Risk Prevention - Risk management and internal control are elevated to a critical position, with specific requirements for credit risk, concentration risk, operational risk, and related party transaction risk [5][6] - The regulation aims to enhance the internal audit and incentive mechanisms of financial leasing companies, thereby constructing a comprehensive risk prevention system [5][6] Group 4: Industry Development and Future Outlook - The regulation is a key step in the continuous improvement of the regulatory framework for the financial leasing industry, filling the regulatory gaps in business operations [5][6] - The timely introduction of the new rules addresses long-standing contradictions in the industry, aiming to constrain market chaos and fill the financing gap for new equipment assets [7]