The Research On The Online Finance's Risk Conducting Mechanism And The Problem Of Regulation

The third party payment has been developing rapidly in recent years,innovating on the mode and technology,making them to be the focus of attention from the society.Online finance has been incorporated into the government work report for four years,the central government pays more and more attention to online finance's risk,gradually tends to be more strict on regulatory attitude.By the literature review of traditional finance risk conduction,online finance risk and regulation,it was concluded the thought of the research on online finance risk conducting mechanism and the research on the regulation.First of all,capital interactive mechanism was adopted in this paper,from the angle of capital flow direction and flow,to research the traditional finance and the potential risk of online finance and transmission path,built the risk conducting mechanism.As to the online finance,this article gave a detailed analysis from the perspective of overall and various patterns.Secondly,based on the two dimensions of happening of risk and conduction of risk,this article studied the problems of the online finance regulation,used the three aspects of functional regulation,behavior regulation,prudent supervision and the protection of consumer.To the behavior regulation,this article built the dynamic evolutionary game theory between regulatory authorities and the online finance enterprise,as a result,to increase revenue and increase innovation in accordance with the penalties was the reasonable choice of the regulators should take,regulators can adjust the strategy reasonably,to innovation incentive and punishment to set a reasonable limit according to the phase diagram of dynamic evolution,combined with the specific circumstances dynamically.As to Prudential regulation,this article focused on risk supervision,built the engine of online finance risk prevention and control.As to prevent risk conduction dimension,this article combined the financial risk conduction mechanism,gave the conduction path some reasonable regulatory advices to set up information sharing mechanism,the establishment of risk such as emergency funds,trading data record,a single bank managed,etc.Finally,the article enumerated the risk system of Jingdong Finance,and e-rent treasure event as two cases,to prove the rationality of the risk prevention and control engine,risk conducting mechanism and the regulation.