Research On Legal Risks And Regulatory Issues In P2P Network Lending

In recent years,due to the progress and popularity of Internet information technology,P2 P network lending as one part of the "Internet finance" is flourishing in China,but also revealed many problems.Chinese characteristics reflected by the development background and operating mode and other aspects is the main reason for the frequent legal risk showing in P2 P network lending industry.The accumulation of risk highlights the need for supervision.In this context,"network credit information agency business activities management Interim Measures" was officially introduced on August 24,2016,end the unregulated situation of network loan industry."Interim Measures" defines the P2 P network lending platform as an information agency,and introduces a series of important regulatory measures,in particular sets the access threshold for the industry and customer funds bank custody and investor protection system,is conductive to realize risk prevention and investors' protection.However,regulatory measures in some areas,such as the establishment of credit sharing system,practitioners access mechanism,investor investment limits and market exit mechanism,still need to continue to improve based on China's national conditions.