Legal Protection Of Internet Financial Consumers' Right To Know

As the Internet finance has developed with speed,the cases of damaging consumers? right to know are frequently happening.However,since the deficiency of our legislation,law enforcement and judicial,we have not formed a sound protection law system.The legislation lacks a specialized law to protect the Internet financial consumers,for the current legislation level is too low;concerning law enforcement,the administration is usually on the basis of ambiguous laws;the linkage function is limited between industry self-discipline associations and administrative supervision;the offline features of judicial conventional mechanism for solving dispute and the general principle of burden of proof are not conducive to the maintenance of Internet financial consumer rights to know,which is one of the basic rights of Internet financial consumers,and the precondition to realize the protection of consumers? privacy,security and other rights.If we ignore the protection of the right,it will reduce consumers? enthusiasm to participate in Internet banking,encouraging the other development of financial chaos on the Internet.This contradicts the whole trend of the progress of Internet banking.Herein,applying the method of case analysis,empirical analysis,comparative analysis and so on,this paper mainly analyses the predicament on legislation,law enforcement,judicial protection,and puts forward ?the protection of Internet financial consumer right to know in China?.On legislation,We should follow the Principle of appropriate protection in lawmaking,and draw up a special law for Internet financial consumers to define the concept of them and perfect credit disclosure mechanism.On Law enforcement,we should improve the administrative supervision and industry self-discipline: firstly,it will make a specific law for the enforcement of the administration;secondly,it will make the protection of the Internet financial consumer supervision system better.On judicial,we should set up a small electronic court in proceedings,as well as follow the principle of inversion of burden of proof.Combining China's current situation and experience of foreign mechanism to solve the disputes,we put forward a dispute settlement mechanism suitable for the Internet finance of our country about non-lawsuit.