P2P Network Lending Supervision Research

P2P(Peer-to-Peer)network lending is the combination of Internet finance and private finance.It makes effcitively up for traditional finance deficiency,alleviats extently the financing difficulties of long tail customers and raises the capital utilization ratio of investors.It has important practical significance to realize the value of inclusive finance and democratic finance.Therefore,after the financial crisis in 2008,P2P network lending developed rapidly in China,which greatly satisfied the demand for private capital investment.However,due to the diversified development and complex situation of P2P online lending,systemic risk events occur frequently in the industry causing seriously violation of the Stakeholders' rights.Therefore,whether regulators should supervise P2P network lending and how to supervise are hot spots in the current public and research fields.Basing on the analysis of the international experiences in the supervision of P2P network lending in the United States and the United Kingdom,combining the data analysis of the development status of P2P network lending in China,analyzing the reason of differences by comparing the US and UK P2P network lending supervision with China,and game analysis of P2P network lendings stakeholder by game theory,the paper proposes to establish a supervision system which takes the protection of lenders(investors)as the core and balances the protection of borrowers and platforms.Thus this paper starts from the there theoretical researches on P2P network lending,which are informationg asymmetry theory.?stakeholders theory and game theory,and introduces the current situation and risks of P2P network lending in China.This paper studies the P2P network lending supervision system and legislation in the United States and Britain,basing on the analysis of the experience of US and UK P2P network lending supervision and the reality of China's P2P network lending government regulation,this paper proposes the regulatory countermeasures for P2P network lending in China.