Reporter Jiang Fan
Financial Associated Press, Sept. 21, the reporter learned that recently, the Guangzhou Mutual Fund Rectification Office issued a notice requesting that new or new network lending institutions established after August 24, 2016, and those that failed to submit an application for acceptance of rectification by April 25, 2018, should immediately stop the new tender, formulate assets clearance and capital. The work plan of Jin Qing.
At the same time, for the network lending institutions included in the special rectification, the institutions with small business volume, small balance to be received or no desire to continue to operate P2P network lending business are encouraged to withdraw from the market after the completion of the liquidation of funds.
The institutions with the intention to withdraw may take the initiative to report to the District Mutual Fund Rectification Office and submit the fund withdrawal and market withdrawal plans, and the District Mutual Fund Rectification Office shall be responsible for guiding the above-mentioned institutions to complete the withdrawal of funds to achieve risk-free withdrawal.
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