Legal Supervision Of P2P Network Lending Platform

P2P network lending is a new type of private lending between individuals and individuals through direct access to the Internet through the Internet.P2P network lending platform is specialized in P2P network lending information intermediary business,for the network borrowers and lenders to provide information collection,publication,credit assessment,credit matching services such as intermediary agencies.Under the existing financial supervision system,P2P network lending platform has the legal status is not clear,the lack of legal supervision and other issues.And its unique point-to-point,online business model,determines its serious risk dangers.The borrower faces the risk of personal information,the right to property security and the right to know;the lender faces the risk of default and property security caused by the asymmetry of the information;the network risk and platform of the net lending platform can not be effectively monitored Function,the nature of the alienation of the operational risks.According to the latest provisions of the Interim Measures for the Administration of Business Activities of Internet Borrowing Information Agencies,the legal supervision of P2P network lending platform in China is established with the core of risk prevention and control,and the cross-departmental cooperation and supervision system is established.The legal status and business boundary,The establishment of third-party capital custody system,limit the amount of investment,improve the information disclosure system,is to achieve China's P2P network lending platform risk prevention and control of the industry's important initiatives.