A Research On The Regulation Of Online Non-performing Assets Auction

In recent years,commercial Banks non-performing loan balance continues to rebound.Combined with the P2P lending,Internet banking,Asset Securitization,and the continuous development of the Internet Financial,total amount of Non-performing Assets of our country continues to rise.The serious situation of Non-performing Assets and the defects of low cost and high efficiency as well as the market are not active and asymmetric information exists in traditional disposal makes the commercial bank and financial asset management companies continue to innovate to seek diversified disposal ways.The disposal mode of Non-performing Assets based on the Internet platform occurred as an innovation model.The Non-performing Assets auction platform established by Taobao is one of the new changes in Non-performing Assets disposal.But in the perspective of trading safety and in order to maintaining market stability,how to regulate it to maintain the standardized operation of Internet Non-performing Assets market and protect the legitimate rights and interests of the overwhelming majority of investors and consumers have become important issues the regulators need to think about.This paper is divided into five parts in general to the discussion of the legal regulating of the internet Non-performing Assets auction.The first chapter is the basic theory of internet auction of Non-performing Assets;it is the basis of the discussion.The second chapter is the operation of the Internet auction of Non-performing Assets and using Taobao platform as an example to analyze the operation,and summarized its legal relationship.The third chapter discussed current situation and difficulties of the regulation of Non-performing Assets such as limitation of legislation,the standardization and security of the Internet auction is still questionable,the responsibility is not clear,and the protection of buyer’s rights is still inadequate.Thus the fourth and fifth chapters through the practical experience for reference to the United States and personal thinking bring forward the corresponding perfection suggestion on legal regulation,such as build the legislative framework;Provide institutional guarantee;Clear legal responsibility and improve the protection system of buyer’s rights by bring in the third online party evaluate,distinguishing the platform,and combining the industry self-discipline with legal regulation.