Research On Risk And Regulatory Measures Of P2P Online Lending Platform

P2P network loan,also known as all loans,originated in the United Kingdom and has developed into a large-scale development in China since 2007.It is a kind of loan mode different from the traditional formal financial lending system,which is suitable for the private individual.The main feature of this model is that the lending relationship is mainly based on the Internet.Compared to traditional financial institutions,P2P net loan process is simple and rapid.Thus,the emergence of this model provides a new financing channel for small businesses and individuals in China,which made up for the traditional bank loan system deficiencies.With the continuous expansion of the scale of the P2P industry,the original model of the platform has also been constantly updated.Series of innovations have been made to improve the traditional model by domestic P2P companies based on market demands.P2P network lending platform has been introduced into China since 2007 and developed into an important part of the internet banking during the past decade.The emerging P2P network lending methods constantly updated the amount of private lending transactions.However,chaos did exist in the development process of P2P lending platform.Such chaos could be attributed to the lack of related laws and regulations for the P2Pnetwork lending platform.According to industry statistics,as of February 2015,the domestic P2P network lending platform rose from 1228 in 2014 to2143 and the total annual borrowing has far exceeded the United States and the United Kingdom.P2P mobile phone users alone have launched more than 4.5 billion of transactions,reaching a total amount of to 22.59 trillion yuan.With the rapid development of this emerging industry,P2P network lending has also displayed kinds of defects,such as a Ponzi scheme,illegal fund-raising,illegal deposits from the public,fraud and P2P network lending platform "frequent run away" event,leading the whole industry into a severe credit crisis.The legal position,legal risk and the corresponding regulatory measures of P2P industry in China have become the focus of heated debate.In order to implement the spirit of the party's the fifth Plenary Session of the 18 thCPC Central Committee "to regulate the development of Internet financial regulation of individual network lending,domestic regulators began to face the P2P network lending industry appeared a series of chaos like.Since 2015,the people's Bank of China,Chinese Banking Regulatory Commission and other departments issued on"promoting the healthy development of Internet financial guidance","network credit information intermediary business activities","Interim Measures for the administration of Internet financial risk special rectification work implementation plan" and "network credit information agency business activity management Interim Measures" and other documents,following the general requirements to encourage innovation,risk prevention,while avoiding disadvantages,healthy development,starting from the financial sector to further promote the healthy development of the global P2P network lending industry development and innovation.This thesis could be divided into four sections.In the first section there are three cases,e rent treasure,"Huaqiang wealth" platform collapse and Oriental venture platform collapse,were introduced,analysis of cases,to find out the case in the collapse of the platform characteristics,put forward problems and for the case of dispute are analyzed;in the second section,the basic theory of P2P network lending platform,the basic concept,the main operating mode of domestic P2Pnet loan and similar industries were discussed.In the third section,there was a brief description of the existing and potential legal risks in the domestic P2Pindustry.In the last section,the supervision status of our P2P net lending platform and the deficiencies of the existing regulatory measures were analyzed.Suggestions have been made to fulfill the P2P network lending industry in China.