Internet Financial Consumer Privacy Protection Of The Law

As the world wide web develops at a top speed,internet and financial services witness their deeply integrative development with economic globalization and deepening of financial reform,contributing to the booming development of mutual mixed and mutual promoted internet and finance.Conventional financial services are stretching its services from offline to online while emerging internet enterprises strive to march to financial field.Internet financial management,P2P lending,Crowdfunding,Yuebao,Licaitong,and other internet financial products become popular,and internet finance has become an upstart in the field.But unfortunately,with the corresponding regulatory and consumer protection mechanism is lagging behind the construction of Internet banking activities often appear to violate the privacy of financial consumers.Privacy right of internet financial consumers,as a privacy right in a specific area,has the nature of right of personality and property right,which highlights the importance of protection.There is no special legislation on the privacy protection of Internet financial consumers in China.But the current situation of China's privacy protection of Internet financial consumers shows that the relevant legislation is relatively scattered and abstract,the relevant provisions lack centralized and special content,there is no a unified supervision organization because of the boundlessness of the Internet,uncertainty of tort subject and fact in solving the disputes,the jurisdiction remains difficult and consumer's awareness of self-protection stays weak and so on.The existence of the problem to our country the Internet is difficult to obtain sufficient financial consumer privacy protection.In the European and American countries,Internet financial consumer privacy protection steps already walk in front of our country,some countries the protection of the rights has set up a relatively perfect system.Through the comparative study on European and American countries and regions in the legislation,we consider the relatively advanced legislative idea and the regulatory system framework,and combining the reality of our country national condition,in this paper,the current Chinese Internet financial consumer privacy protection present situation has made the following proposals for perfecting the law:First,in the legislation to perfect the existing laws and regulations,the relevant provisions of the when conditions are ripe to formulate unified Internet financial service act.Second,the Internet a target to clear regulation on financial regulation,the transformation of the mode of regulation.Once again,may establish a dispute settlement mechanism of the Internet financial report consumer services online complaints platform,online dispute mediation by a third party agencies and settling disputes arbitration system.Finally,should also lead consumers to increase awareness of self protection.Through the above measures to fundamentally driven on the construction of Internet financial consumer privacy protection system,in order to promote China's financial industry,rapid and healthy development of the Internet.