The Risks And Legal Regulation Of P2P Lending Platform Network

In 2005, the world’s first Internet lending platform Zopa was established in the UK. Followed in 2007 established a pat on the loan, to fill the gaps in our network lending market. Since then, China’s Internet lending markets showed a rapid development trend. Network borrowing to meet the financing needs of small and micro enterprises, and promote the reform of the financial sector plays an important role. However, the current industry chaos, cohabitation. In the early development of the industry, the regulatory authorities have to wait and see some rationality, but once begun to take shape, it should be timely regulatory and legal follow-up. This paper describes the overview of the network lending, lending platform network reveals risk exposure, a profound analysis of the causes behind the risk, and legal and economic law from the perspective of the experiences of developed countries, based on the proposal put forward their own rationalization.This paper is divided into four parts:The first part introduces the overview of P2P lending networks, including operational processes, the current domestic several representative model, characteristics of the network lending. After borrowing reasons for the rise of the network simple analysis, both the reasons for the policy, but also the legal and ideological aspects of reasons. Finally, qualitative network lending, through analysis and demonstration, the author will prevail qualitative financial institutions.The second part, through case presentation, pointed out that the risk of lending in the industry networking platform to exist. About the case, the author is aware of either platform from the net loan announcement own website, either from the newspaper reports of the relevant extracts of the case to ensure the authenticity and typicality. In terms of risk, I dig all the risks as much as possible the presence of the platform, to ensure a comprehensive and individually analyzed.The third part of the analysis of the causes behind the risk. I believe that, P2P lending platform network exists so many risks, mainly for the following reason: status unknown, lack of supervision; no industry standards, lack of self-discipline; operating costs high, lack of management experience; personal credit system is not sound.The fourth part, the author first clear regulatory basi, rather than follow the old road along that there is a problem we must control. I believe that there must be regulatory basis. In basis, the author and economic law from the legal point of view, combined with the current industry platform to show good will provide support for the regulation. Subsequently, the author of the practice in Europe and America and other developed countries, the proposed provision of feasibility studies. Finally, based on China’s actual, reasonable suggestions.