Research On The Construction Of Supervision System Of Equity Ownership In China

Since the end of 2011 so far, China has entered the equity crowdfunding more than four years, with the introduction of a series of regulatory policies, China’s equity crowdfunding has been rapid development.As of January 2016, the number of equity crowdfunding platform for the 148, 2015 equity crowdfunding financing amounted to5.19 billion yuan, greatly improving SME financing problem for our small businesses and startups energize.However, China’s equity crowdfunding still in the early exploration stage of development, due to the lack of laws and regulations, resulting in regulatory equity crowdfunding the many problems and shortcomings.In this paper, literature analysis, qualitative analysis, theory and practice of combining financial risk supervision by the International Experience equity crowdfunding, summed up the development of better foreign equity crowdfunding regulatory experience of countries.From the United States, the United Kingdom and Italy regulatory legislation Equity Crowdfunding learn from the successful experience and quality platform brief overview of the development of these countries, then analyzes the current development of the equity crowdfunding.Select domestic wind control better "Ren Ren Tou" platform as a case to analyze the characteristics,advantages and regulatory platform for exploration.From a legal regulation,administrative supervision, self-discipline, regulatory and technical means of media analysis of public opinion five levels equity crowdfunding regulatory problems.This article suggestions: First, to strengthen legislation and improve the basic regulations,establish and improve equity crowdfunding supporting legal system, improve the development of the Internet industry laws;Second, a clear regulatory body and regulatory powers, to establish an equity crowdfunding risk early warning mechanism,strengthen the supervision of regional coordination between departments, the establishment of equity crowdfunding Stakeholder Forum;Third, accelerate the construction of national industry self-regulatory organization, strengthenself-protection and self-regulatory capacity to coordinate the organization, try indirect supervision by the platform, the implementation of flexible regulation;Fourth,strengthen supervision of technical means, the establishment of Internet security technology system, accelerate the construction of credit system,Finally, at the level of media supervision, improve relevant laws and regulations, enhance the independence of the media and of occupational ethics oversight.I expect to enrich equity crowdfunding regulatory theory, provide a reference for the regulation of equity crowdfunding.