Internet Financial Products Of Legal Regulation

In recent years, the birth of the Internet and the organic combination of financial neonatal- Internet financial products, and is challenging the traditional financial sector. This financial innovation product profoundly changing our consumption habits and lifestyle, and the potential of the prairie fire spread to the whole economic development pattern, has a broad market space and development potential.Exist at the same time, the financial product innovation of financial risks, the innovation of the Internet financial due to break through the traditional financial sector regulation ability, has been in a state of fuzzy regulation, after the produce from the legal level, the lack of effective directly to adjust its laws and regulations. From regulatory level, China's current pattern differentiated regulation in the face of some cross-border fuzzy interconnected financial regulation on restrictive financial behavior. From the regulatory philosophy, traditional Chinese face entity concept of financial regulation and measures in the face of the rapid development of Internet financial seem to be some disconnect, insufficient supervision of the effectiveness of the Internet financial products.The existence of these problems is not conducive to healthy order development of Internet banking, also affects the development and reform of traditional financial sector. Alipay value-added services platform "balance" business since the date of launch, customers and business amounted to a considerable number, scope and influence in the network financial products is large, so this article selects the "balance", represented by in-depth research and the "balance" regulation put forward concrete Suggestions, and take the belt surface is our country the healthy development of the whole interconnected financial products regulatory conception is put forward.The first chapter, the author firstly introduces the definition of the Internet financial, to explain the concept of the Internet financial made and several kinds of financial products pattern appeared on the Internet the comb, lists the five main mode of the Internet financial products. Secondly, the author has the greatest influence on Internet financial products in the "balance" as an example, the innovation of products of "balance" of business operational mode and the investment structure and the legal relationship between the players involved are analyzed. Move "Yuebao treasure" series of innovation are analyzed. In the final part of this chapter, the "balance" from a legal perspective on its own, analyzes the existing problems and its lists its several legal problems under the lagging regulation.The second chapter main content on the Internet at home and abroad financial products regulatory experience as samples, the author in the first part analyzed the foreign main mode of the Internet financial supervision system. Finally, from the aspect of national legislation and local legislation level about the present situation of legal supervision of Internet financial sector in China made a summary analysis, probes into the current of the Internet financial products the deficiency of legal supervision. To summarize analysis our country Yuebao the development direction of treasure and regulatory experience.The third chapter is to perfect our country Internet financial regulation legal system of its recommendations, the author first of all, from the perspective of China's Internet regulation in the whole financial industry analysis and probes into the problems existing in the financial sector, the Internet, in dealing with interconnected financial products legal regulation concept the author puts forward some views: one is to maintain the existing regulatory system, in the face of the Internet financial mixed management trend increase the financial coordination mechanism of the supervised respectively. The second is to establish perfect mixed management pattern as soon as possible. Three is to perfect basic financial development, matching with the law. Four is to treasure their Yuebao as a kind of banking financial institutions to regulate, duly be included in the deposit insurance system. The author thinks that China's Internet financial regulatory path should be insist on the real economy service as the goal, to grasp the limits of the Internet financial innovation; Build coordinating security and stability of the regulatory system, focusing on the evolution from institutional supervision to functional supervision; Strengthening industry self-discipline, deal with the relation between self-regulation and government regulation; To strengthen the construction of information disclosure system and protect the legitimate rights and interests of consumers and so on five regulatory path. In the final part of this chapter, the author to improve the Yuebao of financial products on the basis of the above analysis put forward specific regulatory advice, the first is proposed according to risk management Yuebao treasure money to pay the deposit reserve funds, investment restrictions adjustment, timely change money funds for equity valuation measures such as float. Second, regulate Yuebao of related financial service behavior, clear the positioning of the services they offer, eliminate the vague and confusing sell funds. Including clear its liability to pay compensation, eliminate worries about the financial consumers do right, responsibility and consistent. Constraints improper way of marketing, it reduces the side-door misconduct, effective protection of financial consumer rights and interests and maintain the healthy development of the Internet financial order.