Case Analysis Of Closure P2P Platform Of Orient Capital

In recent years, the rapid development of the Internet finance can be regarded as one of the new century’s most far-reaching changes in the financial industry. Internet technology as the representative of modern information technology continues to penetrate the traditional financial model, and generate a variety of financial innovation. P2 P network lending platform is one of the changes that the Internet finance brought in the area of financial support. The appearance and development of this new vector eased the financial difficulties of small and micro clients, but in practice, they played their financial intermediation function of the Internet, but also brought many problems because of the immature industry in the initial period.Orient Capital case is a representative case of platform collapse due to fund-raising. Because Orient Capital case is first P2 P case involving illegal fund-raising that has adjudgement, and it’s also the first judgment of P2 P lending platform financing itself by administration of justice. It is of great significance. This paper describes the typical problems of P2 P platforms arising in the Orient Capital case, and analyses the causes of them, proposing alert for healthy development of other platforms, then puts forward practical and targeted countermeasures on the basis of the case study.On the basis of foreign experience and combines with analysis of this case, this paper holds that P2 P platforms need to regulate the construction management inside as well as strengthen the management oversight and market complexes outside to avoid the appearing of troubles in the development of platforms. Inside of the P2 P platform, firstly this paper proposes to establish a rational organizational structure; secondly, establish self-regulatory organization and foster industry culture in the P2 P industry; finally, cite three means to improve management level inside the company. Outside of the P2 P platform, firstly, this paper proposes to, improve the external supervision system; secondly, foster industry self-regulatory organization and industry culture; thirdly, establish market ancillary services system.