Research On The Risk Control Of P2P Lending Platform Under The New Supervision Policy

At this stage,the development of Internet technology has gradually emerged with the combination of traditional industry trends,P2 P online lending platform is a typical combination of the Internet and the traditional financial model of the product.In the sub loan crisis before and after the turning point,China's economic downward pressure led to the increase of the operating pressure of the corporate capital chain,so to the private capital lending to a wealth of survival and development space.P2 P platform appears just under the economic downward pressure,the plight of SMEs financing difficulties,on the other hand also widened the way out of private capital.Thus,the P2 P industry in China has been the explosive development.P2P industry is a new industry,related academic research to be rich,especially for the platform run away problems emerging in recent years,extensive research on risk prevention on the P2 P platform is very important.This article through the research on the development history and current situation of P2 P industry,found that China's P2 P industry problems mainly focus on the social credit system,legal regulation,industry access threshold,the threshold and the quality of employees and other aspects,the existence of the risk is mainly concentrated on the credit risk,operational risk,legal risk,liquidity risk,etc..Through the study of domestic and foreign scholars to sort out the volume,the average loan period,the average interest rate,the cumulative amount of money and 30 days of net capital flow is a measure of the main operating indicators P2 P platform.The borrower concentration,the ratio of non-performing loans,loan losses and provision coverage ratio is the main index of the current risk research in P2 P industry,through empirical research on the data network home loan,constructed the regression model of Logistic P2 P platform.According to the analysis of model data,found that the influence of non-performing loans and provision coverage ratio of P2 P platform operation risk is the biggest.Through the model the study found that the higher the rate of bad loans,risk management platform is higher;the provision coverage ratio is smaller,the higher the risk management platform.According to the existing risk,this study from the strengthening of legal risk management and the two dimensions of policy recommendations are given,in which the former mainly by strengthening the administrative departments of supervision,the establishment of industry associations and industry standards,the development of improving the credit system,access to the regulatory mechanism for a proposal;the latter mainly from the capital,loan provision coverage the degree of concentration control,operational risk supervision,prevention and control of credit risk and effective public information disclosure advice.Of course,perfect the construction of risk control system for the P2 P industry,but also need to work hard from many aspects,on the basis of the existing problems of P2 P industry,gives some risk prevention suggestions,with a view to China's P2 P industry risk prevention policy recommendations.