A Study On Regulatory Strategy Of P2P Lending Market In China

P2P (peer to peer) also known as "person to person lending ", the Chinese translation for "peer-to-peer lender". Broadly speaking P2P refers to participants in any financial transaction behavior through the Internet. In a narrow sense about P2P refers to Internet Lending, is a new mode of borrowing based on internet, third-party payment, microfinance innovations. P2P lending into China in 2007, aided by the development of the Internet Financial development is rapid, turnover increased year by year. Especially in the past two years, the government to release a clear signal to encourage healthy development of the Internet financial circumstances, P2P lending market got rapid development, many financial institutions and industrial capital also enters the P2P lending market. However, due to the imperfect laws and regulations, the lack of regulation, low entry barriers, imperfect credit system, etc. The risk of P2P lending market began to highlight, "run away", collapse, and illegal capital flow into the stock market continuous appearance. The development of the P2P lending market has been distorted, the society also appeared a variety of voices. Our government should improve the regulatory strategy of P2P lending market as soon as possible; ensure the development of P2P lending market.This article is full of new ideas, through the research and reference of domestic and international journal papers, based on the domestic and foreign journals, degree thesis and monographs research, from the perspective of government regulation to dissect P2P lending market. By analyzing the development of our P2P lending market and regulatory overview, noting the presence of P2P lending market:the regulatory responsibility of the body is not clear; regulatory difficulties in the flow of funds; lack of access to exit mechanism, the industry was mixed; credit system is imperfect, market information opaque; lower risk control level, the platform "run away" situations such as frequent problems. And by borrowing from abroad P2P market regulatory policy, pointed out that our P2P lending market should take the "industry self-regulation" regulatory strategy, and used the game theory to verify its feasibility. Finally, give some advice, Security regulatory strategy.