Central bank: Internet institutions shall not provide any form of gold account service.

category:Internet
 Central bank: Internet institutions shall not provide any form of gold account service.


The so-called Internet gold business refers to the activities of financial institutions selling their gold products through their own official websites and mobile terminals and agency agents entrusted to the Internet. The draft stipulates that financial institutions should choose Internet institutions within the scope of controllable risks and be responsible for the qualification of Internet institutions. In particular, the registered capital of the Internet institution should not be less than 30 million yuan, and it must be paid to pay the money capital. At the same time, we should have the staff who are familiar with the gold business. The draft also points out that the Internet agencies can provide product display services to the gold products of their proxy selling financial institutions, not provide services such as gold clearing, settlement, delivery and other services, no transfer services for gold products, and no transfer of agent products to other agencies into two or multilevel agents. At the same time, the publicity caliber of Internet agencies for selling gold products should be consistent with the financial institutions official website and the propaganda caliber of mobile terminals. Full text: Interim Measures for the management of Internet gold business (Draft for comment) The first article is to strengthen the supervision and management of the gold market, standardize the gold business of the Internet, prevent the risk of the gold market, safeguard the market order and protect the rights and interests of investors, and formulate this method according to the laws and regulations of the peoples Bank of China of Peoples Republic of China. The second article refers to the gold products in which the gold accounts hold the gold weight, value and rights and interests of the gold holders, as well as the assets of the gold - based assets, in addition to the gold trading. Gold products are limited to the gold trading places approved by the financial institutions, the State Council and the financial regulatory authorities to provide the market. The third Internet gold business refers to the activities of financial institutions selling their gold products through their own official websites and mobile terminals and agency agents entrusted to the Internet. The fourth gold account, as a bookkeeping system for gold products, provides gold account services by financial institutions in the Internet gold business, and Internet agencies are not allowed to provide any form of gold account services. The fifth financial institutions entrusted by Internet agencies to sell their gold products should have the qualification of the market maker of the gold inquiry market between the Shanghai Gold Exchange (including the market maker). The sixth financial institutions should choose Internet institutions within the scope of controllable risks and be responsible for the qualification of Internet institutions. The registered capital of the Internet institution should be no less than 30 million yuan RMB, and must be paid in real capital. At the same time, it should have staff who are familiar with the gold business. The seventh Internet agencies sell gold products for the sale of financial institutions, which are submitted to the general bank of the peoples Bank of China by the first level legal person of the financial institutions developed by the products, and the following materials are provided for the record. (1) the record report of the gold market is to be carried out, including but not limited to the specific description of the cooperative products, the new risk judgment, and the commitment of both sides to comply with the laws and regulations of the gold market. (three) other materials required by the peoples Bank of China. Eighth major adjustments to the Internet gold business such as agents changes in Internet institutions have been registered, and the relevant situations should be reported to the peoples Bank of China in a timely manner. The ninth financial institutions are responsible for the quotation of the products of the Internet gold business, the use of gold and funds, and the production of product introductions. The tenth Internet agencies can provide product display services to the gold products of their agency for selling financial institutions. They may not provide services such as gold clearing, settlement, delivery and other services, no transfer services for gold products, and no transfer of agent products to other agencies for level two or multilevel agents. The eleventh Internet agencies should be consistent with the propaganda caliber of financial institutions official websites and mobile terminals. When the twelfth financial institutions and Internet institutions introduce gold products to investors, they should explain the characteristics of the products to the investors and prompt the related risks of the products. We should do well in the management of investors appropriateness, establish effective investor protection mechanism and risk bearing capacity evaluation system. Before carrying out business, we should fully evaluate the risk bearing capacity of investors and sell gold products to investors with less risk bearing capacity. Thirteenth financial institutions and Internet institutions should do well in protecting investors information. The fourteenth Internet gold business should be in accordance with the regulations of foreign exchange management, payment and settlement, gold import and export, anti money laundering and protection of the rights and interests of financial consumers. Fifteenth the peoples Bank of China shall supervise and inspect the Internet gold business according to law. In violation of the present measures, the peoples Bank of China will carry out the sixteenth rules of punishment in accordance with the laws and regulations such as the law of the peoples Bank of China (the peoples Bank of Peoples Republic of China) and other laws and regulations. Source: Shanghai gold exchange website editor: Bai Xin _NT4464 When the twelfth financial institutions and Internet institutions introduce gold products to investors, they should explain the characteristics of the products to the investors and prompt the related risks of the products. We should do well in the management of investors appropriateness, establish effective investor protection mechanism and risk bearing capacity evaluation system. Before carrying out business, we should fully evaluate the risk bearing capacity of investors and sell gold products to investors with less risk bearing capacity. Thirteenth financial institutions and Internet institutions should do well in protecting investors information. The fourteenth Internet gold business should be in accordance with the regulations of foreign exchange management, payment and settlement, gold import and export, anti money laundering and protection of the rights and interests of financial consumers. Fifteenth the peoples Bank of China shall supervise and inspect the Internet gold business according to law. In violation of the present measures, the peoples Bank of China will carry out the sixteenth rules of punishment in accordance with the laws and regulations such as the law of the peoples Bank of China (the peoples Bank of Peoples Republic of China) and other laws and regulations.