Research On The Legal Supervision Of P2P Lending Platform

With the rapid development of the internet, the internet credit as a new financialservice also develops quietly and rapidly. At the same time, the internet credit as aplatform model is extended over the internet, P2P lending (Peer to peer lending)platform is a common model. It provides the borrower and the lender a financingplatform, and provides intermediary service for the promotion of the two sides toreach an agreement. Information, funds, contracts, procedures are realized through theinternet in this process. The new financial model is gradually favored by the public.However, P2P lending platform is in the initial stage of development in China, thereare still many deficiencies. On the one hand, the relevant law and regulation in ourcountry is not perfect, on the other hand, it is lack of effective supervision mechanism.Based on this, the model of P2P has no legal definition and effective regulation. Somaking a clear legal status of P2P lending platform and an effective supervisionsystem is the key to develop internet credit healthily. And this is the key problem thatthis paper is to solve.The paper includes three parts:The first part is about the survey of P2P lending. First of all, it introduces theconcept of P2P lending. Secondly, it describes the history of P2P lending in theforeign country and the development in China. Finally, it expounds some aspects of characteristic and effect about P2P lending.The second part is about the analysis on the law of the mode of P2P lendingplatform. Firstly, it introduces three traditional modes of P2P lending platform.Secondly, it describes the comparative analysis in the form of chart of P2P networklending platform. Finally, it summarizes the innovation mode of P2P lending platformand analyses the legal nexus.The third part discusses the risk and control measures of P2P lending platform.Firstly, it analyses the hidden risk of P2P lending platform in China. Secondly, aimingat the problems above, it summarizes the legal supervision suggestions of P2P lendingplatform, and hoping to draw the relevant departments’ attention.