Research On Government Regulation Of P2P Online Lending Risk

P2P online lending is the product of the combination of the rapid development of the Internet and financial innovation,and is an effective supplement to "inclusive finance" in China.Various problems have been exposed during the development of China's P2 P online lending industry,especially the large-scale outbreak of P2 P online lending risks in recent years,which has seriously affected the overall stable development of China's social economy.This also reflects that there are major defects in government supervision of P2 P online lending industry in China.At present,China's P2 P online lending industry has entered a period of historical pains.In order to enhance the effectiveness of China's P2 P online lending government regulation,to seek countermeasures to improve the effectiveness of government regulation,and to promote the healthy development of the industry,this study was carried out.This paper USES comprehensive risk management theory,government regulation theory and public interest theory,the methods of literature research,comparative research,analyzes the characteristics and operation mode of P2 P lending,P2 P lending financially dependent on the Internet technology,the user and is widely,dispersion,and the threshold is low,operation and flexible and efficient operation,the short lending period,cash flow is fast,high return on investment,high risk,etc,and has a variety of operating mode.These characteristics of P2 P online lending imply huge risks and hidden dangers.Secondly,the development status,existing risks and risk causes of P2 P lending industry in China are expounded.At present,China's P2 P online lending industry is shrinking in scale.The number of normal operating platforms has dropped to more than 300,and the total transaction volume has also dropped significantly,which can be attributed to the large-scale outbreak of risks and absence of government supervision.At present,China's P2 P online lending industry has five prominent risks,including default risk,illegal risk,liquidity risk,actual operational risk and technical risk.Risk and regulation are the unity of opposites,and they influence each other.These risk points increase the difficulty of government regulation and put forward new requirements for regulatory technology.Meanwhile,scientific and effective regulation can effectively prevent risks and promote the development of the industry.Thirdly,it studies the current situation and existing problems of government regulation of P2 P online lending in China.The government regulation of P2 P online lending in China has not kept pace with the changes of the industry in consciousness,and there is a gap between it and the actual regulationneeds.In this paper,the existing government supervision of P2 P online lending in China's social credit system is not sound,the government supervision system construction lag,the government supervision department's own construction needs to be improved,the government supervision laws and regulations need to be improved,the government supervision information channel needs to be further unblocked and so on.Finally,from the perspective of reality,the perfection of P2 P lending the government regulatory system in China put forward the proposal to seek the effective mechanism of government supervision,concrete Suggestions and countermeasures are set up the new concept of government supervision,strengthen the efforts in supervising the government laws and regulations,clear the government supervision main body responsibility,accelerate the construction of the government regulation system,rich means of government regulation.Only by comprehensively and effectively supervising the P2 P online lending industry and establishing and perfecting the internal and external risk supervision system,can the legitimate rights and interests of all parties of P2 P online lending be guaranteed and the healthy development of P2 P online lending industry be ensured to a certain extent.