Research On Internet Financial Supervision Of Foshan

In the context of the widespread popularization of the Internet in China,a large number of Internet financial enterprises have been born and developed rapidly.Internet financial products such as Yu ’ebao,P2 P,crowdfunding and other Internet financial products have affected people’s lifestyle in various aspects.As a new product,the emergence of Internet finance has brought great challenges to the traditional financial industry.The original traditional financial ecological environment is subject to greater rigor.Traditional banking,insurance and other industries have been impacted by the Internet financial industry.In order to keep pace with The Times and not be eliminated by The Times,their business philosophy and management methods are bound to undergo fundamental changes.With the further development of Internet finance,many problems have been exposed that must be paid enough attention to.By December 2019,according to the relevant statistics of Wangdaizhijia,6,269 Internet companies and platforms have been suspended or have problems,and 6,612 P2 P companies and platforms have been suspended or have problems,which fully shows the seriousness of the risks of Internet finance.Different from traditional financial methods,Internet finance risks are more complex and involve a wider range.As the subject of supervision,the government must pay enough attention to it.It is undeniable that compared with the scale and speed of the development of Internet finance,the government lags behind in terms of regulatory concepts and strategies,thus leading to the occurrence of many Internet finance risk events.Therefore,it is of great practical significance to strengthen the research on government regulation of Internet financial risks,which contributes to the healthy and stable development of China’s financial industry and indirectly promotes the healthy and stable development of the world’s financial industry.This paper mainly studies how the Foshan municipal government supervises the risks of Internet finance.The paper is divided into four parts.The first part is the introduction,which introduces the research background related to this topic and the research status at home andabroad.The second part is the theoretical basic research,mainly elaborates the basic theory of Internet financial risk,the basic theory of government supervision of Internet financial risk,the theoretical basis of government supervision of Internet financial risk.Foshan city,the third part of the Internet financial risk regulatory status quo,problems and reasons analysis,foshan city,mainly introduces the development of the Internet financial and regulatory status quo,and foshan city government in the process of Internet regulation of local rules and regulations is not sound and supervision means backward,low efficiency of the government’s self-discipline and coordination,such problems as lack of protection of consumer rights and interests,and to analyse the causes of these problems.The fourth part is to improve the countermeasures of foshan municipal government’s Internet financial risk supervision,from the aspects of perfecting local laws and regulations,building a supervision system from multiple angles,strengthening the construction of supervision technology,strengthening the construction of supervision team,strengthening the protection of consumer rights and interests and so on.The author hopes that the relevant research in this paper can provide beneficial help for foshan Municipal government to strengthen Internet financial risk supervision.