Recently, the Case Filing Division of the Nankai District People’s Court was invited to participate in the Tianjin Banking Industry High-Quality Development Seminar. Taking the early judicial recommendations on the issue of standardized Internet loan operations in the banking industry as the starting point, “small suggestions” can cure diseases before they occur and promote governance at the source of litigation. , providing court wisdom to prevent financial risks and strengthen banking industry governance.
Judge Wang Xinrui of the Nankai District Court’s Filing Division said that during the long-term trial of financial loan contract dispute cases, it was discovered that while major banks were rapidly expanding their Internet loan businesses, they were failing in loan processing procedures, litigation evidence preservation, overdue collections, and contract terms. There are loopholes. This kind of irregular operation can easily lead to bad debts and financial risks in practice, which is not conducive to the stable, healthy and sustainable development of the financial industry.
In order to improve the efficiency of dispute resolution and reduce the legal risks of Internet loans, Judge Wang Xinrui sorted out the common operational problems of major banks, thought about the causes of similar cases, and based on full communication and understanding with the banks, issued a judicial recommendation to the Tianjin Banks Association, based on the evidence Several suggestions were made on preserving, refining contract terms, and improving the loan process.
After the judicial proposal was issued, many member units responded positively.
Zhang Xiaobin, President of the Case Filing Division of the Nankai District People’s Court, and Wang Xinrui, Judge, were invited to participate in the Tianjin Banking Industry High-Quality Development Seminar hosted by the Tianjin Banking Association, and conducted detailed and extended interpretations of the six judicial recommendations at the meeting.
Through the form of judicial advice, we can guide the banking industry to pay attention to relevant issues and make rectifications, and strengthen the standardization of bank Internet loan operations, which will help the courts to effectively respond to the trend of expansion of bank Internet business and the growth of financial disputes.
In the future, the Nankai District People’s Court will further implement the trial concept of “grasping the front end and treating the disease before it occurs”, taking resolving disputes at the source and substantively resolving conflicts as its work orientation, giving full play to the people’s court’s legal guarantee power in financial governance, and “e.g. The awareness of “I am suing” promotes the improvement of the quality and efficiency of judicial trials and safeguards the high-quality and steady development of the financial industry within the jurisdiction.