Research On The Supervisory System Of Chinese P2P Online Lending

After a few years of progressing at a lunatic pace,in 2016,the P2P lending platform finally has its own supervision.Although the "chaos" has been controled,but these existing policies are not enough to hold the industry.The goverment is still trying and testing.This article is based on the supervisory system of the P2P lending in China,combined with present status of development,compared with the United States and the United Kingdom,try to find out how to prefect our own supervisory system.This article is divided into three parts.The first part introduces the concept and development of P2P lending;determines the nature of P2P lending platform as intermediaries in China;determines the regulator of the P2P lending platform;and introduces China's main regulatory measures,including:register system,quota system of financing,information disclosure system,the negative list system and the third-party deposit system.The second part introduces the regulatory system of P2P lending in the United States and in the United Kingdom.The United States focuses on its multi-level regulatory system,mandatory registration before the business activity,continuous and comprehensive disclosure of information;the United Kingdom focuses on its self-regulatory organization and loan management after the platform bankrupt.The third part,by reference to the United States and the United Kingdom,I try to make suggestions to meet the present situation of the P2P lending platform in China,including:improve the pre-supervision of P2P lending;strengthen the supervision by perfecting and giving full play to the role of its self-regulatory organization and by promoting the disclosure of information system;pay attention to post-supervision,and promote normalization and standardization of the financial market exit mechanism,perfect the methodes of dispute resolution;perfect the credit system in China.