Legal Regulation Of Private Lending

With the rapid development of the national economy,private capital accumulation has been greatly improved.As a kind of simple,flexible,fast and efficient capital financing channel,civil borrowing attracts social idle funds into production and circulation,promotes social reproduction and merchandise,and can play a useful role in the allocation of social capital resources.Fill,correct,etc.can not be underestimated the utility.It is fierce competition with the banking and financial system to break the financial monopoly,but also to promote the banks have to face challenges,improve service quality,objectively promote the improvement of the banking financial system.The development of private lending,will also bring some side effects,such as the impact of industrial economic development,lending procedures are not standardized lead to civil disputes continue,usury and other serious problems.Private lending in China's legislation is not perfect,coupled with the development of the earlier,has been unable to fully adapt to the current development of private lending.Based on the two gradients of developed and developing countries,this paper describes the current situation and legal regulation of foreign borrowing abroad,and summarizes the current situation and legal regulation about private lending in Hong Kong and Taiwan.From the supervision of content and self-discipline organizations to improve the two aspects of the regulatory system.The establishment of the corresponding risk early warning system,through the risk of prejudgment,the development of appropriate response mechanisms to reduce the private lending activities in the hidden and the reality of the risks.Improve the relevant provisions of the network lending platform,including the credit system,third-party guarantees and pre-loan review system,and for private lending and illegal fund-raising crime boundaries to define the standard.I believe that through the above provisions of the perfect,will make the future development of private lending more healthy,more harmonious social and economic environment.