The Risk And Prevention Of Peer-to-Peer Lending Platform

From 2013 to date,the size of the transaction and the number of peer-to-peer lending platform has grown rapidly in China.The rapid growth of the peer-to-peer lending platform has alleviated the situation that some micro-enterprises have difficulty in financing,has made the allocation of social resources more reasonable;However,the rapid growth of peer-to-peer lending platform under the context of very little constraints has also breed many problems.As of the end of December 2016 the proportion of the platform is stable at 45%,take huge economic losses to the vast number of investors,Therefore,it is imperative to identify and guard against the unique risks in peer-to-peer lending platform to protect the interests of investors effectively.Under the present situation,this paper takes the risk and prevention of peer-to-peer lending platform in our country as the research object,quantifies the risk factors of the problem platforms in recent two years,identifies the risk factor feature of the problem platforms,and enumerates the example of problem platform to allow investors to understand and guard against the problem platform.Finally,the corresponding risk prevention measures were put forward for the specific risks of China's current network loan platform.From the analysis of the platform of the outbreak in China in the past two years,the risk factors of China's problem platform mainly contains the comprehensive interest rate over 16%,lack of platform background and guarantee model is self-financing.Chinese peer-to-peer lending platform risk mainly are liquidity risk,credit risk,operational risk and legal risk.Among them,for the peer-to-peer lending platform liquidity risk there are two main situations,one is the expired platform can not be honored,one is difficulty in the transfer of platform claims.Mainly due to the period mismatch,leverage is too high,rigid payment two aspects;credit risk is mainly due to the smaller scale of operation of peer-to-peer lending platform,not enough financial strength,not enough strong management capabilities that our country can't form a perfect risk assessment system,the credit risk is transferred from the borrower to the platform;operational risk of the peer-to-peer lending platform,there are fraud,self-financing,demolition,insecure information systems four aspects;legal risk of the peer-to-peer lending platform is: the risk of illegal operation violates the legal red line,and uncertainty of laws and regulations and regulatory caused the uncertainty to peer-to-peer lending platform.China's authorities and peer-to-peer lending platform both are trying to study the measures of network loan platform risk.But China's platform risk prevention measures are still difficult to cope with the endless problem platform.In order to prevent the risk better,this paper study peer-to-peer lending platform risk prevention measures from two aspects.Among them,peer-to-peer lending platform external risk prevention mainly are the government,improve the laws and regulations;clear financial supervision and management boundaries,set the platform access threshold;monitoring platform differently in daily management,a comprehensive disclosure of platform information,improve the credit system and other measures to prevent all kinds of risks.peer-to-peer lending platform take the system of disclosure and evaluation risk system and credit guarantee mechanism to monitor the settlement of management funds,through platform information sharing and industry self-discipline,social integrity and other moral construction to reduce the credit risk and operational risk of platform operation.