Research On Ternary Regulatory Mode Of Internet Financial Platform

Internet finance brings convenience to the people.At the same time,it also has many problems,such as Ponzi scheme,illegal fund-raising,payment crisis and other common phenomena,which has seriously damaged the interests of consumers and disrupt the market order.The running mechanism of platform exists loopholes and does not act as a good information intermediary role.While the Internet financial supervision is still inadequate,a corresponding effective regulatory mode is a must.Fundamentally,Internet finance does not change the essence of finance,its regulation should be included in the traditional financial regulatory system.What's more,according to the particularity of Internet finance and the development of China's Internet finance,the Internet financial regulatory mode should also match with the condition.The article reviews a lot of literature to analyze the current research of Internet finance,so as to provide a theoretical basis for the study.Then,this article constructs the circle governance structure of Internet finance,and discusses the operation mechanism of the ternary supervisory mode of Internet financial platform based on the theory of circle structure.At the same time,the article analyzes the operation mechanism of the mode of Internet finance,that is,the relationship between government regulation,platform management and user supervision,and how to deal with the relationship between the three.The research method of case study is used to study the supervision mode of Internet finance in this paper.The article selects the Ali finance and Paipai loans as a case and analyzes the four different modes of Ali pay,Ali small loans,Yuebao and Paipai loans,which draws the following conclusions:Government,platform and users are the main body of supervision in the circle governance structure of the Internet financial platform.In the Internet financial platform ternary supervision mode,the government regulate exogenous order,guiding the development of the general direction;platform govern internal rules order,supplying the government regulatory functions;users help monitor the platform,being the formation of self-organized endogenous order.At the same time,it also puts forward the operation mechanism of the supervision mode of the Internet financial platform,so as to construct a supervision of public and private order with the circle of governance structure.The circles play an important role in a good order system.