The Case Analysis On "failures" About Standardized Development Of P2P Lending Industry

Since the P2P lending platform introduced from abroad in2007, this new financial institution which canprovide convenient to both supply and demand has attracted much attention, investors find an investmentchannel which has a low threshold, easy operation and high returns, borrowers can also jump out of thetraditional framework of financing and have access to funds through new channels. This industry expandssubstantially after satisfying the demand of the public and has accumulated nearly billions of transactions bythe end of2013. However, when the industry develops at top speed, due to the lag of its relative regulatorymeasures, many problems and much risk in the industry appears. The P2P industry in our country has been inits first large scale of failures since October2013,this is the outbreak of its problems and risk. Then a list ofbad P2P platforms spreaded in the Internet which caused wide attention. The clamour for standarding theregulation of the industry grew louder.This article researchs following the logic order of why, what and how to regulate. The first partintroduces the existential value of P2P lending industry and explain the meaning why we should standardize itsbehavior rather than banning it. The second part firstly takes the failure event which has typical significance inthe development of the industry as example and describes it in details. Next we interpret the P2P industrydevelopment present situation in our country and then analyze this case. This part is divided into three parts:analyzing the irregulations involved in the case, analyzing the cause of the case, qualitative analysis ofregulatory issues. we try to explore the defects and problems in the industry from diverse perspective byanalyzing this complex case. The third part, combined with case analysis, this paper put forward thecorresponding countermeasures and suggestions which divide into basic means and auxiliary measures. Thisresearch provides some idea for the development of P2P lending industry’s standardized regulation, and alsoprovides approach foundation for the future study.