Research On The Legal Problems Of Digital Financial Inclusion Regulation In China

Although "Inclusive Finance" has long been widely mentioned,it has not been fully implemented.As the main service targets for Inclusive Finance,small and micro enterprises and scattered small-scale farmers still face the problem of insufficient basic financial services.The G20 Hangzhou Summit proposed a new model of Inclusive Financial development,which is driven by digital technologies,namely "Digital Financial Inclusion",and pushing forward the development of Inclusive Finance into a new stage.At the same time,legal risks such as fraud risk,illegal fund-raising risk,intellectual property infringement risk,platform entry and exit risk and capital security risk continue to emerge,posing great challenges to the financial regulatory system.In order to reduce the risk of Digital Financial Inclusion and improve the efficiency and quality of financial regulation,we need the guideline of scientific and effective legal norms,which makes it necessary to probe into the legal system of Digital Financial Inclusion regulation in our country.By analyzing the related risk cases and the current situation of supervision and legislation of the present financial supervision system,the paper discusses the legal issues in the Digital Financial Inclusion regulation.The general idea is "Theoretical Overview-Development Status-Regulatory Status-Issues to Explore-Legal Improvement."This paper is divided into seven parts,the specific content is as follows:Introduction: The introduction part includes the proposition of the question,the theoretical and practical significance of the research,the review of the research at home and abroad,the research methods and innovations of the thesis.Chapter 1 The Introduction to Digital Financial Inclusion: By comparing with the traditional finance and Internet finance,I analyzed the basic connotation,characteristics and advantages of the Digital Financial Inclusion and the four major modes of operation(ie,the "net contact" mode of the core enterprises,the dominant mode of the internet bank,the development model of E-commerce platforms,the "cut-in" mode of network financing platforms),to provide a theoretical basis for the subsequent writing.Chapter 2 The Development Logic and Risk Challenges of Digital Financial Inclusion in China: Firstly,taking the digitalization of rural supply chain finance as an example,this paper analyzes the obstacles in the development of traditional rural supply chain financing business and some typical cases under the development model of Digital Financial Inclusion,and analyzes the development path and evolution logic of Digital Financial Inclusion.Secondly,it focuses on the legal risks arising from the development of Digital Financial Inclusion and points out the challenge of Digital Financial Inclusion to the existing financial system.Chapter 3 Current Status of Digital Financial Inclusion Supervision in China: On the one hand,the current status of legislation: separately analyzes the laws,regulations and policies on the regulation of the four models of Digital Financial Inclusion;on the other hand,the practice status: the current financial regulatory system applies the traditional separation regulation mode to the regulation of Digital Financial Inclusion,and adhere to the "penetrating" principle of supervision.While undertaking the preceding article,it paves the way for the later discovery of legal issues concerning the financial regulation of digital inclusion.Chapter 4 Revealing the Legal Problems existing in Digital Financial Inclusion Supervision in our country.The probing of the problems is mainly based on the legal basis of supervision(the lag of supervision and the imperfect laws and regulations of supervision);the main mode of supervision(the contradiction between separate supervision and mixed management,professional supervision institutional absence);funds safety supervision and control system(absence of third-party custody independence,potential money laundering and terrorist financing),legalized infrastructure(credit laws and regulations system,basic legal system for financing and data disclosure threats to consumers' rights).Chapter 5 The Legal System of Digital Financial Inclusion Supervision in China is perfected: In this chapter,the legal system of regulatory regulation of Digital Financial Inclusion in China is discussed in light of the legal issues in supervision.With a view to seeking a fundamental solution from the aspects of strengthening the normative guidance of the universal payment system,establishing a credit rating legal mechanism,expanding the scope of supply chain financing collateral,and perfecting the financial consumer rights protection system.Conclusion and Prospect: Based on the summary of the full text,the conclusion part reflects on the inadequacies of the article and looks forward to the future development trend and makes a further study on the legal system of Digital Financial Inclusion in our country and its regulation.