Study On Risk And Management Strategy Of P2P Network Lending In China

In recent years, with the development of economic, P2P becomes one of the emergence of many new lending models. Above all, P2P refers to a qualified individual with some third-party Internet platform as the basis, the implementation process of borrowing money. The lender lend money from the investors via the process. The P2P network lending platform happened in 2005, and get big development in later days, with the prosperity of the P2P network lending, more and more problems presented, in order to promote and achieve a reasonable and orderly net lending development. We must pay attention to the problems in the development process, strengthen risk management of P2P network lending, in order to achieve our long-term development of P2P network lending.This paper focus on the risk management of P2P network lending, through the analysis of relevant research in China and abroad in recent years, the understanding of the development process of P2P network lending risk management, combined with China’s specific national conditions, proposed the existence of the risk of P2P networks loans and questions and issues on the basis of these proposed risk lending of P2P network control strategy. The paper consists of six parts. The first part is an introduction, mainly introduces the background and significance of the research, and major research, innovation and other issues are described. The second part is literature review, the first of documents related to the basic theory are discussed in detail, followed by analysis of the research in China and abroad, including the Summary Review on the Study and foreign research, and related research conducted Theory. The third part focuses on the development process of P2P network lending, and focuses on the US Lending Club, elaborated network lending process and risk control and other issues. The fourth part describes the development process of P2P network lending, business links, risk control and other issues, and pointed out the reasons for these risks arising. The fifth part based on the content front, to construct a network of P2P lending risk management system, aimed at control the risk of P2P network lending. The sixth part is the conclusion of this article, the full text of the overall conclusion and future research directions were analyzed. The research methods of this paper include literature research, case law and comparative law, focusing on analysis of the risk of P2P network lending activities and the corresponding risk control strategy.Through analysis, we draw the following conclusions:risk point of P2P network lending platform to run mainly in the trading session, are the basic risk and specific risk. The basic risk is mainly due to P2P in the early stages of development, it is not perfect on the legally binding norms, the presence of absence of industry self-regulation, industry information sharing mechanism and transaction security mechanism deficiencies, inadequate internal risk management system, risk management personnel urgent culture. Specific risks that the organization is not perfect, behind the development of risk management culture and so on. Therefore an urgent need to build a basic risk management mechanism system, create a regulatory subsystem, self subsystem and third party systems. As for the build quality from the promotion-related risk managers specific risk system, capabilities, and how to improve the company’s organizational framework, to enhance overall risk management and control mechanisms to proceed. It is based on the organic integration of basic risk management systems and risk management systems in particular to be able to establish and improve the P2P network lending platform of comprehensive risk management system.