Research On Risk Assessment And Control Of P2P Network Lending Platform Under Strict Supervision

Since the introduction of P2 P network lending in 2006,because of its advantages of convenience,flexibility,high efficiency and low cost,it has been widely welcomed by operators and investors,faced rapid development,and occupied a significant place in the field of Internet finance.The transaction volume,the number of borrowers and the number of platforms are also increasing.Up to now,6614 online loan platforms have been set up.However,due to the overall control of industry risks is not strict,and the external supervision is still weak,leading to frequent risk problems in China's online lending industry,such as platform alienation,management leader runaway,capital chain rupture,cash withdrawal difficulties,contract breach and other online lending chaos,which seriously affected the interests of investors,at the same time caused the public panic about P2 P online lending industry,and lost confidence in the industry.By December 2019,there are only 344 online loan platforms in normal operation,and the whole online loan industry has undergone a round of reshuffle.In view of this,regulatory agencies also frequently issue relevant policies to guide the development of P2 P online lending industry.The latest policy points out that local regulators will implement file recording for the platform,and the platform that fails to pass the inspection will face the choice of exit or transformation.The remaining online loan platform will be licensed for operation,and the strength,risk control and operation level of the platform must have certain quality.Therefore,for investors,P2 P platform and even the whole financial system,it is very important to effectively evaluate and control the risk and establish a reasonable P2 P platform risk prevention and control mechanism.In order to prevent the risk of P2 P online loan platform,this paper,referring to the bank rating method and the index system of the third-party rating agency,scientifically designs the P2 P online loan platform risk evaluation index system,which includes compliance index,asset quality index,user rating index,operation ability index and risk control index,and based on the current environment of clearing and transformation,selects a period based on the data from January to November 2019 disclosed by the online lending home and the Internet financial information registration service platform,the 13 well behaved industry head platforms were tested.The combination weighting method based on entropy weight and critic method is used to weight the risk evaluation index,and the TOPSIS evaluation method was used to evaluate the comprehensive risk of P2 P online lending platform.The main factors affecting the online lending platform were found.The risk factors are platform capital strength,loan dispersion and asset quality.In addition,the relevance test between the ranking of the model and the ranking of the third-party rating agencies verifies the effectiveness of the model.At the same time,the paper puts forward some ideas and suggestions for investors,P2 P network lending platform and regulators to reasonably prevent and control the risks of P2 P network lending platform.