The Research On Risk Assessment Of China's Internet Finance And Relative Suggestions

In recent years,the rapid popularization of Internet technology in China has led to the emergence of new financial formats represented by Internet finance combined with modern information technology,and has shown a rapid growth momentum in China.However,the risk of Internet finance is also gradually emerging,coupled with the different operation characteristics and modes of different modes of Internet finance,the risk difference is obvious,the risk degree of awareness and control is the key to the development of Internet finance,so it is of great significance to the current risk assessment of Internet finance.This paper studies the Internet financial risk and its countermeasures,based on the the theory of long tail,the theory of information asymmetry and the theory of financial vulnerability,understands the core and essence of Internet finance,compares different assessment methods of Internet financial risk,including conventional risk assessment methods and qualitative and quantitative.In order to assess the current Internet financial risks in China more objectively and comprehensively,it is necessary.Finally,the latter is chosen as the evaluation method.Then,under the different Internet financial models of third-party payment,P2P online lending,crowdsourcing financing and Internet insurance,the current situation of Internet financial risks in China is analyzed,and the risks consistent with traditional finance are identified,including credit risk,law and regulations risk,market risk,operation risk,liquidity risk and other risks,as well as the unique risks of Internet finance.Including technical security risks and information security risks.Based on the analysis of the current situation of China's Internet financial risk exposure,this paper summarizes six causes of Internet financial risk:financial vulnerability,information asymmetry in the financial market,lack of credit level,lack of supervision,information technology insecurity and irrational behavior of investors.Then based on the identification of the types of Internet financial risks,the paper constructs a risk assessment system of Internet finance in China,including 7 first-level indicators and 25 second-level indicators,uses the analytic hierarchy process and fuzzy comprehensive evaluation method to comprehensively assess the risks of Internet finance,and analyzes the importance of each risk index and the risk level of Internet finance in China according to the assessment results.He believed that credit risk,legal and regulatory risk,liquidity risk and technical risk were more prominent than other risks,and that the current Internet financial risk in China was at a "medium and high" level,and on this basis put forward countermeasures and suggestions for risk prevention.Including improving the credit risk management system of Internet finance,improving the supervision and legal system of Internet finance,strengthening the liquidity management of Internet finance,strengthening the security construction of Internet finance network and enhancing the operational capacity of Internet financial business.