Research On Regulatory Identification Of Fintech Enterprises

In recent years,the application scenarios of fintech have been deepened,covering various types of financial business processes,and new financial forms such as thirdparty payment and network financing have been derived.These financial innovations not only improve the efficiency of social and economic development,but also bring new regulatory challenges.The current legal and regulatory framework cannot fully cover these financial innovations,and the development of fintech has blurred the virtual and real boundary between finance and technology.Some large technology enterprises have gradually infiltrated into the financial business and even become financial enterprises,but they are outside the financial supervision and there is regulatory arbitrage space.Therefore,the qualitative supervision of some fintech enterprises has become the core of the basic theory of regulatory policy.This paper aims to conduct qualitative supervision of fintech enterprises.The typical case of W Group is selected to analyze fintech enterprises from three perspectives,namely income source,financial intermediary function and business risk,according to the nature of financial intermediary,and summarize the characteristics of such fintech enterprises.Finally,suggestions are put forward for China’s fintech supervision.This paper first summarizes the relevant research on the supervision of financial technology enterprises,and briefly expounds some basic concepts.Then,it summarizes the evolution path and supervision process of fintech enterprises.Starting from the current situation of supervision of fintech enterprises,it points out the problems existing in the supervision of fintech enterprises,and conducts in-depth analysis and judgment on these problems.The study found that for a long time,regulators did not know the identity of fintech companies,which led to frequent fintech supervision problems.Then,this paper analyzes the financial intermediary nature of fintech companies from a theoretical perspective,and provides a theoretical basis for subsequent case analysis.Finally,the article takes W Group,a representative enterprise of financial technology as an example,based on the financial intermediary nature of financial technology enterprises,analyzes its business operation mode and risks,explores the role of its technology in business,and analyzes the source of income,financial intermediary functions and business risks.Judgment and analysis of the nature of financial technology companies.Studies have shown that business income mainly comes from financial products and services,and financial technology companies that play a financial intermediary function and take financial risks in business processes tend to belong to financial companies.On the basis of distinguishing the identities of fintech enterprises,the article explores and puts forward feasible countermeasures and suggestions from three aspects: improvement of supervision system,improvement of supervision technology,and cooperation between departments.