Study On P2B Network Lending Model Law Of Internet Trust

While the Internet is rapidly growing in China,various financial products such as securities,funds,and insurance expand their business in conjunction with the Internet.For financial industry which has a higher return rate,trust has its unique system advantage over other financial products.Because of our legal system of thetrust,traditionally,the trust industry has been unable to catch the express train of the Internet to obtain rapid progress.With the "Internet +" concept has continued to spread,many traditional trust companies are active in seeking integration into the Internet,and eager to get more benefits through new product models,one of which is P2 B network lending model.The P2 B network lending,which issometimes called "Internet Trust",is such a financing model that a large number of private funds are fused to help small and medium-sized enterprises solve their financing problem,andthe risk factor is lower than that of the P2 P network lending.Therefore,this study focuses on the P2 B network lending,which is an Internettrust model,hoping to apply the network lending mode tothe Internet trust to reform our current Internet Trust Legal System.Because the P2 B network lending is a new financial model,whose legal status is not being regulated by any specific laws,regulatory risk,default risk,and moral risk may be still uncertain.This study proposes a series of solutions to advice on how the P2 B network lending model,or "Internet Trust",betterdevelops.This study consists of an introduction and a body text,which is divided into four chapters.The first chapter relates to the connotation and development of the Internet trust.This chapter first defines the Internet trust,and then elaborates the advantages and challenges of the Internet trust in this stage,holistically giving an analysis of the Internet trust.Subsequently,two development models of the domestic Internet trust are described and their business scalesare calculated.Finally,four major risks and their controlling measures of the Internet trust are discussed.The second chapter presents the P2 B network lending,as the most typical Internet trust product model,primarily through three aspects.In the first aspect,firstly,five main elements of the P2 B network lending,including a P2 B network lending platform,investing individuals,a finance company,a third-party payment platform,and a security agency,are introduced;secondly,the current operating mode of the P2 B network lending is described and summarized;Finally,several typical P2 B domestic network lending platforms are horizontally compared and classified.In the second aspect,the P2 B network lending platforms are introduced by four characteristics,highlighting the advantages of their business models.In the third aspect,the P2 B network lending,the P2 P network lending and the traditional trust are compared in view of investors,corporate finance and risk control to show the advantages of the P2 B network lending.Chapter 3 presents the problems of the P2 B network lending industry,by now mainly including the lack of domestic relevant laws and regulations,lax government regulation,insufficient platform risk control,unclear guarantee compliance.Although the P2 B network lending is an emergingfinancial model,for which problems are inevitable at the beginning,the key point,we think,is to address and timely resolve these problems and risks,making the domestic financial market stable and prosperous.The fourth chapter presents three levels of institutional innovation measures of the P2 Bnetwork lending model,or the Internet trust.The first level,in the perspective ofgovernment,requiresto continuously promote legislation,improve the existing laws and regulations,establishfinancial regulatory systems,and effectively regulate business reform.The second level,in view of the P2 B network lending platform,recommends to enhance the platform risk control standards,ensure the safety of borrowed funds,and improve the credit of the whole industry in combination with the central bank credit services.The third level,in light of financingenterprises,encouragesthe establishment of good credit and the compliment with industry ethics.The innovation of this study is to apply the P2 B network lending models to the Internet trust.The P2 B network lending is substantially the same as the Internet trust on the main elements.In the background of the "Internet +",the traditional trust is bound to be reformed,and therefore the Internet trust has a very bright future.This study shows that the P2 Bnetwork lending is the most suitable business model for the Internet trust.Thus,applying the P2 B network lending tothe Internettrust is a new attempt which is of great positive significance on our financial reform and innovation.