Research On Internal Risk Control Of P2P Lending In China

Healthy financial market needs a multilevel product to support capital market,that it is according to the financing needs of different investors and borrowers different preferences to design different types of assets. However, with financial institutions as the center of Chinese traditional financing channels, most lending business only for large companies with low debt ratio, but the huge financing demand that by large quantities of micro businesses and individuals form are not met. As the rapid development of internet information technology and the internet finance, P2 P platform rise quickly in various countries, also make up for the gaps in Chinese lending market. Since the domestic legal gaps and imperfect financial system, with the explosive growth of P2 P is a huge industry crisis. 2015 Chinese P2 P industry turnover exceeded one trillion yuan and investors more than 13 million, but there have been nearly 100 billion yuan runaway and the number of losses investors more than one million people. Therefore, the paper try to design a risk control mechanisms from business process that is generally applicable for all of the Chinese P2 P network lending platform.This paper use theoretical analysis and case study methods.The first chapter introduces the research background,study purpose and significance, research review and research framework.The second chapter introduces the concepts and theories about the paper.The third chapter describes the P2 P market in the rise and development, and introduced global P2 P industry pioneer, such as ZOPA, Prosper and Lending Club, which are the successful P2 P platform model. Then, with the analysis of P2 P market situation, the paper concluded the risk of P2 P platform from domestic typical platform.The fourth chapter based on P2 P business process path, trying to build a internal risk control mechanism of P2 P platform.The fifth chapter is case analysis, and improve its internal risk control mechanism.The sixth chapter is to summarize the research results and proposes future research.Innovation of this paper: First, this paper objects are the emerging internet banking model, with new ideas and practical significance. Second, the paper analyzes the angle is novel and the research is deeply. Third,different form many policy level researches, this paper pay more attention to the individual platform effective risk control mechanism design.