国家金融监管总局日前对外发布《关于加强商业银行互联网助贷业务管理 提升金融服务质效的通 知》，推动商业银行互联网助贷业务规范有序发展。 规范互联网助贷业务定价机制方面，通知规定，商业银行应当将增信服务机构向借款人收取的增信 服务费计入综合融资成本，明确综合融资成本区间，明确增信服务机构不得以咨询费、顾问费等形式变 相提高增信服务费率。 通知要求，商业银行及互联网助贷业务合作机构应当加强金融消费者权益保护工作，规范营销宣传 行为，遵守国家有关网络营销管理规定。应当向借款人充分披露贷款相关关键信息。商业银行应当加强 互联网助贷业务贷后催收管理，发现存在违规催收行为的，应当及时纠正。（记者王俊岭） 【纠错】 【责任编辑:张樵苏】 国家金融监管总局有关司局负责人表示，近年来，部分商业银行借助外部互联网平台发放贷款的互 联网助贷业务快速发展。相关互联网平台运营机构依托相对成熟的消费场景、交易客群、客户数据，与 商业银行形成互补，在协助商业银行为广大金融消费者提供更便捷的贷款服务、提升贷款服务效率等方 面发挥了积极作用，同时也暴露出互联网助贷业务存在权责收益不匹配、定价机制不合理、业务发展不 审慎、金融消费者权益保护不完 ...

距离互联网助贷新规正式实施不到3个月，一场行业"洗牌"正在加速演进。 近期，多家银行、消金公司密集披露互联网贷款业务合作机构名单，其中头部助贷平台频现，而中小助 贷平台黯然离场。这一现象的背后是在合规压力下，银行等金融机构对互联网助贷业务的风险偏好持续 收紧，倒逼市场向头部助贷平台集中。 中国证券报记者调查发现，此前，部分中小助贷平台通过协议嵌套、业务转包等方式变相抬高利率至超 24%，新规封堵了"隐形加价"的灰色操作空间。业内人士表示，在合规转型过程中，部分中小助贷平台 或面临商业模式能否持续的严峻考验。 明确24%利率红线 ● 本报记者 李静 合作名单"瘦身" 近日，北银消金、珠海华润银行、江南农商行、亿联银行、梅州客商银行、徽商银行等金融机构披露了 互联网贷款业务合作机构名单。从合作业务类型看，主要涉及营销获客、联合贷款、支付结算、风险分 担及逾期清收。 金融机构密集披露上述名单的背景是，4月3日，国家金融监督管理总局发布《关于加强商业银行互联网 助贷业务管理提升金融服务质效的通知》，要求商业银行总行应当对助贷平台运营机构、增信服务机构 实行名单制管理，通过官方网站、移动互联网应用程序等渠道披露名单，及 ...

Group 1 - The Beijing financial regulatory authority has issued a draft notice prohibiting internet lending services to university students [1] - The draft notice emphasizes that financial institutions must clearly define the comprehensive financing cost range with platform operators and guarantee that the cost of a single loan complies with the Supreme People's Court regulations [1] - The new regulations aim to prevent disguised increases in financing costs through methods such as "membership rights" and "value-added rights" [1] Group 2 - The draft also proposes to regulate cooperation with offline lending institutions, requiring banks to strengthen management of partnerships with lending agencies [2] - It prohibits banks from paying fees outside of agreed terms to lending agencies and forbids these agencies from charging consumers under the guise of providing financial services [2] - The draft bans cooperation with offline information intermediary lending agencies that do not have actual business operations [2]

Core Viewpoint - The regulatory body is accelerating its investigation into the "24% + rights" model in the lending industry ahead of the implementation of the new Internet lending regulations on October 1, indicating a shift towards stricter compliance and oversight in the consumer finance sector [1][2][3] Regulatory Focus on Comprehensive Costs and Compliance - The investigation targets the impact of membership rights fees on borrowers' overall financing costs and whether there are attempts to circumvent the 24% interest rate cap [2][3] - Complaints regarding forced bundling and hidden fees have surged, with over 5,000 complaints reported [2] - The new regulations require clear disclosure of service fees and prohibit any form of disguised interest rate increases [2][3] Industry Transformation and Compliance Challenges - The extension of the investigation to consumer finance companies reflects the regulatory body's commitment to ensuring compliance across the entire lending industry [3][4] - Consumer finance companies face significant challenges in maintaining business sustainability while adhering to new compliance requirements, especially given their focus on higher-risk borrowers [1][4] Risk Pricing and Compliance Development - The strict enforcement of the 24% interest rate cap poses unprecedented pressure on consumer finance companies, limiting their ability to price for risk effectively [4][5] - The "24% + rights" model is seen as a transitional solution that highlights the tension between sustainable business practices and regulatory compliance [4][5] Future Pathways: Technological Solutions and Differentiated Regulation - The industry may need to leverage technology to reduce operational costs and improve risk assessment, thereby decreasing reliance on high-interest rates [7] - There is a call for a more nuanced regulatory framework that allows for differentiated pricing based on risk levels, rather than a blanket interest rate cap [5][7] - The ultimate goal is to create a transparent and sustainable credit market that provides affordable financial services to borrowers in need [7]

Core Viewpoint - The implementation of new regulations for internet lending is accelerating a reshuffling in the industry, leading to a concentration of resources among major lending platforms while smaller platforms are being forced out due to compliance pressures [1][2]. Group 1: Regulatory Changes - The new regulations, effective from October 1, require banks to manage a list of approved lending platforms, limiting partnerships to those on the list [2][3]. - Financial institutions are reducing their cooperation with smaller lending platforms due to increased compliance risks and a tightening of risk appetite [2][3]. Group 2: Market Dynamics - Smaller lending platforms previously utilized hidden fees to raise effective interest rates above the 24% threshold, but the new regulations have closed this loophole [3][4]. - Major lending platforms such as Ant Group, Meituan, Douyin, and JD.com are frequently appearing on the cooperation lists of various financial institutions, indicating a trend towards consolidation in the market [4][5]. Group 3: Risk Management - Financial institutions are focusing on risk management and compliance, leading to a preference for larger platforms with established risk pricing capabilities [3][4]. - Banks are implementing systematic rating mechanisms for assessing potential lending partners, evaluating factors such as shareholder background, management stability, and risk management capabilities [5].

Core Viewpoint - The new regulations on internet lending by commercial banks aim to enhance the management and compliance of lending practices, leading to a significant restructuring and differentiation within the industry [2][4][7]. Summary by Sections Internet Lending Business - Internet lending refers to the model where commercial banks collaborate with external internet platforms to provide loans to eligible borrowers, primarily serving personal consumption and small businesses [1]. New Regulations Highlights - Commercial banks and consumer finance companies must not only act as funding sources but also enhance post-loan collection management, correcting any identified violations promptly [2]. - Banks are required to accurately understand the actual fees charged by credit enhancement service providers, ensuring that the total financing cost for borrowers does not exceed the legal limit of 24% annual interest [2]. - A list management system will be implemented for platform operators and credit enhancement service providers, prohibiting collaboration with entities not on the approved list starting from October 1, 2025 [2]. Industry Response to New Regulations - Following the announcement of the new regulations, several institutions, including Guangzhou Bank and Chengde Bank, have proactively disclosed their lists of lending partners, indicating a trend towards collaboration with leading platforms [3][4]. - The disclosed lists predominantly feature top-tier platforms and various types of institutions, reflecting a significant shift in the industry landscape [3]. White List Disclosure - Guangzhou Bank has revealed a list of 17 cooperative lending platforms and credit enhancement institutions, including major players like Lexin and WeBank [4]. - Chengde Bank's list includes companies under Ant Group and JD Group, showcasing the involvement of major internet firms in the lending space [4]. Business Models of Consumer Finance Companies - Consumer finance companies often establish lending platforms to match third-party funding sources, enhancing their business structure through a combination of off-balance-sheet and on-balance-sheet operations [6]. Industry Differentiation and Restructuring - The implementation of the list management system is expected to intensify industry differentiation, favoring larger, more compliant institutions that can meet regulatory standards [7][8]. - The capital strength of leading internet companies allows them to dominate the market, while smaller institutions may struggle to expand due to capital constraints [7]. Performance of Leading Institutions - Leading consumer finance companies, such as Mashang Consumer Finance, reported a net profit of 2.281 billion yuan in 2024, reflecting a 15.1% year-on-year increase, despite a decline in on-balance-sheet loan issuance [9]. - The company has established partnerships with over 90 financial institutions, with its open platform business lending amounting to 180.6 billion yuan in 2024, indicating a strategic shift towards open platform operations [10].