Research On The Legal System Of Internet Money Fund Supervision

The rise of “Yuebao”led to the development of Internet financial services products, a series of “baby” products sprang up. In September 2013, The people’s bank of China puts forward the concept of the Internet financial for the first time, Internet financial is a new financial,It’s refers to pay on the Internet,cloud computing, social networks and search engines and other Internet tools, Implement intermediary business such as financing, payment and information. Internet financial pattern mainly has the raise、P2P、digital currency、Yuebao etc. this paper mainly discusses the baby products, the baby products, also known as the Internet money funds. At present, the fund products compared to the traditional fund products have obvious advantages, so its development faster, active the financial markets of the Internet, but because it is lack of regulation, so its development and risk coexist. First of all, in the aspects of protection of the rights of investors: it’s occurs client money disappeared, personal information leakage, low yields of risk frequency, information disclosure system is not sound, investors rights are damaged because of failing to grasp the relevant information; Second, In the aspect of market main body, whether the fund managers and the third party platform network release Internet monetary fund qualifications, relevant state organs how to carry on the regulation and supervision of market main body responsibility division; Finally, network technology, because in the network marketing funds, so the the problem of network security also nots allow to ignore.In succession in 2010, the People’s Bank of China has issued a <Non-financial Payment Services Management Method>and relevant measures for its implementation, this is our country financing a milestone on the Internet,<Non-financial Payment Services Management Method> has some rules in market access, protection of the investors rights as well as on the payment mechanism of anti-money laundering obligations. But compared with the developed countries and regions, our country on Internet monetary fund supervision and legislation still exist many shortcomings. From the international point of view, the United States in 1999 issued by Paypal, can say is a precursor to the Internet money funds, although in 2011 because of the difficulty to run to stop selling, but more than ten years of experience in supervision and legislation, there are many worthy of our learning. And the European Union as a relatively developed community, its economic development has been in the world. Based on the United States and European Union, in the Internet fund money market access, protection of the investors rights as well as regulatory and legal system of anti-money laundering. In this paper, through the advanced experience of the two countries or regions, in view of the existing situation in our country, puts forward some feasibility Suggestions.