Government Regulation Of Internet Financial Risks

The development of Internet finance has accelerated the economic development and brought convenience to our life.However,along with the development,there are also legal risks,money laundering risks,information security risks,technology risks and other Internet financial risks.Compared with the traditional financial risks,the Internet financial risks are faster,more virtual and more complex,which brings security risks to the Internet finance.The government's supervision of the Internet financial risks is put on the agenda.Although the government supervision of Internet financial risk has achieved some results to some extent,there are still many problems: the laws and regulations of Internet financial are not perfect;the means of scientific and technological supervision are relatively backward;the ownership of supervision system is not clear and so on.These problems indicate that there are still many deficiencies and areas to be improved in the government supervision of Internet financial risk in China.By referring to the relevant literature,taking the United States,Britain and France as examples,this paper analyzes and summarizes the experience of the government regulation of Internet financial risk in foreign countries.For example,in the United States,the regulatory mode mainly focuses on the construction of the legal system,the attitude of the British Industry self regulatory Association and the French prudential regulation are worth learning.Recognizing the problems existing in the government supervision of Internet financial risk in China,by consulting literature and actively learning from the successful experience of foreign government supervision of Internet financial risk to improve the government supervision of Internet financial risk in China.First,we need to improve the legal system of Internet financial risk supervision throughlegislation;second,we need to establish a regulatory evaluation system,a system based on big data for risk early warning,and a comprehensive and multilayered Internet financial risk supervision system;third,we need to improve the existing regulatory coordination mechanism,strengthen the communication and coordination between regulators and other government departments,Actively and steadily promote the reform of financial supervision system;fourth,the government should strengthen macro-control,strengthen the monitoring of Internet finance,strictly enforce the access system and exit mechanism of the industry,strengthen the disclosure and transparency of financial information,and master the supervision of Internet finance.