Research On Risk Control System Of Online P2P Lending Platform In China

With the rapid development of Internet finance,as an important part of Internet finance,the online P2 P lending has been playing an important role in remedying the shortcomings of traditional financial institutions and opening up investment channels.The online P2 P lending platform appeared in China in 2007,and has developed rapidly since 2011.At present,the cumulative number of online P2 P lending platforms in China has reached 6442.Due to the lack of supervision early,there are many hidden risks in the development process of the industry.Since 2013,problems have gradually been exposed,such as Ponzi fraud,platform running and so on.At present,the cumulative number of problem online P2 P lending platforms in China has reached 2663.In 2014,China's regulatory agencies began to pay attention to the supervision of the online P2 P lending platform,and the regulatory policies were continuously introduced,eventually forming a “1+3” regulatory framework for the online P2 P lending industry.Since 2018,due to the deadline of online P2 P lending platform compliance acceptance will be,and the macroeconomic downturn,China's online P2 P lending industry has experienced a large-scale platform “thunderstorm”phenomenon.In July alone,the number of problem platforms increased by 253.It can be seen that the risk control of online P2 P lending platform has become an urgent practical problem to be solved.The research content of this paper mainly includes six parts: In the first part,I introduced the background and research significance of the topic,and studied a large number of literatures at home and abroad.In the second part,I sort out the relatedconcepts and theories of online P2 P lending,paving the way for later research.In the third part,I introduced the current situation of industry development,platform operation mode and supervision status,and analyzed the risks faced by online P2 P lending platforms in China.In the fourth part,I analyzed the current situation of risk control of “Renrendai” and proposed improvement suggestions.In the fifth part,I raised the research conclusion to the height of the whole industry and put forward suggestions for the risk control of online P2 P lending platform in China.In the sixth part,I summarized the whole research process and conclusion.In this paper,through a detailed study of the present situation of risk control of "Renrendai",the problems existing in the process of the risk control of "Renrendai" are concluded and the corresponding improvement suggestions are given.Finally,this paper combined the development of China's online P2 P lending industry and its risk status,and proposed improvement suggestions for the risk control system of online P2 P lending platform from platform level,industry level and supervision level.At the platform level,we should comply with laws and regulations strictly,attach importance to fund management,control risks comprehensively,and promote model transformation and upgrading.At the industry level,we should promote the platform to join the association,establish an information sharing system,and establish a platform rating system.At the regulatory level,we should strengthen public education,strengthen consumer protection,improve access system and exit mechanism.