Research On Government Regulation Of P2P Online Lending In Credit Risk

P2P lending network(Peer-to-Peer lending), domestic translated as "all loans." It refers to both lenders and borrowers with the financial resources to achieve directly credited to a new financial model through the network intermediary platform. A correct understanding of the characteristics of P2 P net loan platform and under great risk industry thriving hidden, is a government department be the basis for effective supervision.This article will P2 P network lending and private lending, bank lending, microfinance loans and electricity supplier four conventional lending patterns contrast, summed up the following characteristics: high return of profits; short-term borrowings, cash flow quickly; high efficiency, low threshold more favored by low-income groups; investment diversification and reduce risk; many participants, to promote the interest rate market.From the perspective of risk considerations, P2 P industry, there is the following five risk factors: The first is credit risk, P2 P platform and investors to bear the risk of loss caused by the insolvency of the borrower’s credit; the second is the risk of financial security, investor funds account supervision Lack prone escaped fled, frequent financial fraud and other serious events; the third is the privacy and security risks, due to the limitations of funds and technology platform, could easily lead to transactions and participant data loss or risk of leakage.According to China’s current management situation P2 P net loan industry and foreign government regulators on P2 P net loan risk management experience for reference, this paper should gradually establish a risk control mechanism of P2 P net loan industry, according to the following three points:We should first improve our P2 P lending network monitoring system, the development of P2 P lending industry regulatory bottom line through the introduction of specific laws and regulations, determined to establish its legal status, a clear regulatory body, the construction of net loan internet access mechanism;Secondly, we should accelerate the process of social credit system construction P2 P network lending risk disclosure evaluation mechanism, enhance the P2 P network lending platform risk monitoring, intervention by a third party hosting platform to protect the safety of funds investors;Finally, as soon as possible to the creation of a network P2 P lending industry self-regulatory organization, build and improve industry demand for talent level registration examination system, create a favorable market environment and industry competition culture.