Research On The Legal Supervision Of Chinese Internet Financial Management Platform

The advent of the Internet era has promoted the integration of finance and the Internet.The continuous development of Internet finance has promoted the innovation of the traditional financial industry.With the continuous improvement of mobile phone client software and the continuous emergence of various types of internet financial management platforms,more and more people have come into contact with internet financial management and personal finance via internet financial management platform.The platform we refer to refers to the online platform for providing financial services to various types of financial investors and consumers as well as financial institutions through network technology.Including self-operated online platforms such as Tiantian Funding Network,Ai Funds Network,etc.;and financial platform for cooperation with the Internet platform,including the use of e-commerce payment platform and financial platform to sell wealth management products and sales of wealth management products and a series of platforms.At present,China's Internet financial management platformsare mostly mixed operation modes.The financial products they sell include traditional financial products and innovative products,and their business models are complex and diverse.Due to the spontaneity and blindness of the financial market,as well as the large number of Internet users,and the rapid spread,it is necessary to effectively supervise the financial management platform.At present,China's financial services regulation of the Internet,on the basis of extended industries managed and supervised respectively at the same time introduced the relevant regulatory documents on the existing problems related to standard,and set up the related Internet banking association through self-discipline promote the orderly development of the Internet industry.However,due to the variety of Internet financial management platforms in China,the legal status and business scope of relevant Internet financial institutions are not clear,and the market access and exit system are not yet perfect.The security guarantee system for all kinds of transactions has not been improved.Although now developed some normative documents,but has not yet established is suitable for Internet financial regulatory system,using the traditional supervised respectively in integrated management platform for the Internet banking and its sales of financial products,and related business activities of the platform can carries on the effective regulation.In the process of supervision,it is easy to see the overlapping of the regulatory functions of various regulatory departments.The regulatory vacuum and responsibilities of each department are shifting each other,which is not conducive to the orderly and healthy development of the Internet financial management industry.The development of Internet finance in the United States and the United Kingdom was earlier and the industry standards were mature.Understanding the history of its own Internet finance development shows that the development of Internet finance must have effective supervision to provide protection.Although the development model and level of internet finance in different countries are different,and the level of development and supervision policies are not the same as those in China,the supervision of internet finance is through the improvement of relevant laws and regulations,the unified regulatory agency to avoid oversight and the emergence of regulatory vacuum.,while emphasizing the importance of industry self-discipline.There is still a certain reference value for the improvement of our country's supervision of internet financial management platform.Learn and learn from the experience of domestic Internet finance supervision and summarize it.Integrate the development of China's Internet financial wealth management and the current regulatory situation,and put forward feasible suggestions on the legal regulation of China's Internet financial wealth management platform,that is,further improve the construction of relevant laws and regulations on the existing basis,and improve the existing supervision mode of separate industries.To join the supervision of local governments,form a supervision system that the central and local governments work together,unify regulatory bodies,strengthen the self-regulatory organization of the industry to play the role of relevant regulations,standardize rele,vant business activities of the Internet platform,and strengthen the protection of consumers' rights and interests.