Study On The Legal Supervision P2P Lending Platform

P2P Lending Platform has been very common in China, which has a wide range of customers, However, its legal status is unclear. And the risks and problems in the operation gradually exposed. As for the lack of clear standards and the relevant laws and regulations, the P2 P Lending Platform has been wandering in a regulatory vacuum. Current regulation of P2 P Lending Platform only rely on self-discipline, the lack of effective and powerful regulation, P2 P Lending Platform carries the risk of unhealthy development; For example, P2 P Lending Platform run away, fraud, illegal fund-raising. China Banking Regulatory Commission in early 2015 started the reform of financial supervision structure, in which the Inclusive Finance Department is clarified as the regulatory body of P2 P lending platform. But regulatory rules have not been clearly promulgated, and P2 P Lending Platform is still in the regulatory "vacuum". Then,how to develop the P2 P Lending Platform in a good regulation is under discussion and with great research value.This paper first introduces the definition and development of P2 P Lending Platform, with analyzing of P2 P Lending Platform potential relative advantages; Then carries on the analysis of the operating modes. It further analyzes the legal nature and risks of P2 P Lending Platform. By finding out the defects of supervision of P2 P Lending Platform, the author analyzes the situation the present situation of supervision and regulatory policy. Finally the paper makes suggestions on how to improve laws and regulation by learning from the advantages of foreign P2 P Lending Platform practice.