Research On County-level Government Supervision In The Prevention Of Internet Financial Risks

At the present stage,Internet finance is developing rapidly.At the same time,various chaos and problems emerge in an endless stream of Internet finance.As a new thing spawned by the development and changes of China’s financial practice,Internet finance has many advantages over traditional finance,such as high transparency,low intermediate cost,high efficiency of information processing,convenient payment and so on.At the same time,Internet financial risks are gradually emerging,such as operational risks,technological safety risks,legal and institutional risks,and so on and particularity pose a great challenge to China’s economic and financial security.Strengthening government supervision of Internet finance to prevent Internet financial risks is one of the hotspots of current public management research,and is also an inherent requirement to promote the healthy development of Internet finance.This paper takes the L county government as a case to elaborate.It analyses the current situation of supervision of Internet financial platform in L county,and comprehensively uses the relevant theories of management,administration and finance.The main body of the paper is divided into five parts: The first part introduces three core concepts of Internet finance,Internet financial risk and government supervision,and the related regulatory theory of risk prevention in this paper.The second part introduces the necessity of the government’s supervision of Internet financial risks,which elaborates from the perspective of government functions and Internet financial risks.The third part introduces the current situation of Internet financial risk supervision in L County,covering the outstanding performance of Internet financial risk and the current situation of risk supervision in L County.The fourth part analyses the main problems and causes of Internet financial risk supervision in L county,including backward government supervision means,lagging regulatory laws and regulations,lagging behind the construction of regulatory information system,and inadequate government protection of consumers’ rights and interests.The fifth part focuses on the countermeasures and suggestions to strengthen and improve the supervision of Internet financial risks of grass-roots governments.It is hoped that the research in this paper can improve the mechanism of Internet financial supervision for L County,and that enterprises and people can enjoy the dividends of social and technological changes brought about by the Internet era.At the same time,they should abide by the supervision system for new industries.