Research On P2P Network Lending Risk Management In China

P2P lending as the Internet financial innovation products,is the most popular new network lending model.In 2007,China's first P2 P lending platform,the Paipai loan was established,on behalf of P2 P lending began to sprout in China,after the P2 P industry has been crazy growth model development.In recent years,the risk of China's P2 P lending industry continued to increase,the number of problem platform was also continued to skyrocket.According to the net loan eye is not entirely statistics,in 2015,China has a total of 950 problem platforms,involving nearly 100 billion of funds,more than 1 million investors in the mine.Such a huge number of frequent economic cases will certainly affect the economic interests of many retail investors,therefore,P2 P lending risk management worthy of in-depth study.And August 24,2016 the introduction of the "Interim Measures for the Administration of Business Activities of Internet Lending Information Intermediary Agencies" speed up the exit of the platform,according to the network loan eye is not entirely statistics,as of December 2016,the national P2 P network loan Platform cumulative problem platform to 2710,out of the rate of more than 50%.Such a high-frequency problem platform has put forward new requirements for platform risk management.From the domestic and foreign research on P2 P risk management,the current research does not systematically explain how China's P2 P companies to carry out comprehensive risk management,there is no detailed analysis of the company's operating micro-level.And as a new financial industry,the rapid development of network loan industry,for the previous study of the network loan risk management loopholes,the industry has been made up and regulate,but there have been new risk management issues waiting for us to explore and study.Based on the theoretical framework of COSO comprehensive risk management framework,this paper analyzes the current situation of domestic P2 P lending industry and the currentsituation of risk management in China's network lending industry,summarizes the problems and causes of P2 P industry and the problems and causes of risk management,Then,the author puts forward some countermeasures from the external macro-level analysis.The government should strengthen the supervision of the P2 P industry,improve the platform exit mechanism,improve the industry credit system,and strengthen the industry's self-discipline.Four aspects to optimize the P2 P industry development environment,followed by investment from the network platform to improve their own management,respectively,from strengthening the internal staff management,to determine the core target customer base,to strengthen investor qualification audit,improve the risk response mechanism and increase Information technology investment in five points to solve the problem that the network platform exists risk management issues,enhance the company's risk management level.The research of this paper will give reference to the investors and the person in charge of the company,and provide some reference for the future healthy development of P2 P network lending industry in China.