CHENGDU, Feb. 15 (NBD) -- Online lending information intermediary institutions in southern province of Guangdong will be encouraged to introduce powerful shareholders and raise registered or contributed capital to more than 50 million yuan (7.29 million US dollars), according to the province's Detailed Rules for the Implementation of the Interim Measures for the Administration of Business Activities of Online Lending Information Intermediary Institutions. 

They will also be urged to establish a sophisticated internal control mechanism and hire experienced veterans as senior managers to improve operations and management. 

Currently, Guangdong's Finance Affairs Office is soliciting public opinions on the regulation. 

Information of online lending information intermediary institutions will be included in the system of credit management departments to facilitate information query and enhance risk control, the document stipulates.  

Email: lansuying@nbd.com.cn