Legal Regulation Of Internet Finance

In this paper, from the legal regulation on China’s Internet financial situation and financial supervision of Internet financial development in China to explore and put forward legislative proposals.The first chapter introduces the definition of the Internet financial, the Internet finance is not only a deep with the simple combination of Internet tools and financial industry but the Internet "concept and financial openness, equality, cooperation, share". Introduced the characteristics of Internet finance small and scattered, low cost, high efficiency, low threshold, strong innovation ability, and the present situation of Internet financial development in China and the traditional financial challenges. The second chapter elaborates on the Internet finance the existing laws and regulations, the Internet financial risk and regulatory problems, a series of principles of regulation:to prevent excessive regulatory principles, unified supervision principles and standards, to prevent regulatory arbitrage encourage innovation, moderate tolerance risk principle, establish and improve the information disclosure system, strengthening the market restriction the principle, strengthening and standardizing the industry self-discipline principle to strengthen network security principles, the principle of protecting the interests of consumers. The third chapter describes the protection of customer privacy of Internet finance, introduces our country’s protection of privacy under Internet and American legislative experience, to improve the Internet finance customer privacy protection legislation called for the establishment of china. The fourth part expounds the financial supervision problems of Internet finance, Internet Financial accelerated the formation of financial structure, this paper compared and discussed the American, Britain, Germany, Japan, mixed operation mode and operation mode of regulation. The Internet financial development makes the mixed operation pattern intensified form in the face of our chosen by Germany regulatory model more in line with the national conditions, both in the current CBRC, CIRC. CSRC on establishing a regulatory authorities unified, unified and coordinated management of the three party, and strive to achieve in the system design, not only guarantee the independence of the three, but also the coordination of considerable, in order to adapt to the development of financial management form.Finally, this paper puts forward a proposal to set up suitable ways for China’s financial supervision mode, establish the legal status of Internet conglomerate transform the ideas of supervision, promote the innovation of supervision, the removal of financial supervision over administration, establish extensive and the fair credit evaluation system and deposit insurance system.