Inquiry Into The Effectiveness Of Internet Financial Supervision

In recent years,with the development of Internet mobile communication technology,Internet finance,represented by Internet third payment,crowd funding and online lending,has developed vigorously.On the one hand,the innovative financial model has injected new vitality into the financial industry,but also impact and change the traditional financial industry;On the other hand,with the rapid development of Internet finance,there are frequent risk events such as thunderstorms,campus loans and violent collection,which reflect the failure of supervision and pose new challenges to the existing financial supervision system.Therefore,how to balance the relationship between financial development,financial innovation and financial risk and carry out effective supervision is a hot issue that the government,relevant regulatory departments and academic circles have paid close attention to in recent years.Based on this background,this paper proposes to study the effectiveness of Internet financial regulation.Based on the theoretical understanding of effective Internet financial supervision,this paper combined with the development status,characteristics and causes of special risks of China’s Internet finance,sorted out the current Internet financial supervision system and evaluated the effectiveness of China’s Internet financial supervision.This paper holds that the mismatch between institutional supply and institutional demand is the most fundamental reason for the failure of financial supervision.To be specific,there are two major reasons for the mismatch between supply and demand,namely,the lagging supervision caused by the system updating and the financial development and changes and the imperfect supervision caused by the loopholes in the system.This paper finds that there are two main factors that affect the effectiveness of Internet financial supervision: first,the lag in system construction leads to the lag in the effectiveness of supervision;Second,the loopholes in the system make the supervision system imperfect,which is reflected in the low entry threshold of the industry,opaque information disclosure,imperfect infrastructure such as laws,regulations and credit investigation system.Based on Internet financial forms the most representative in the P2 P network credit platform as an example,through the interview staff and about 2685 platform statistics analysis,qualitative analysis demonstrates the P2 P network platform loan risk factors and relationship between the supply and demand imbalance of platform risk supervision system,at the same time,the influence factors of the P2 P network credit platform modeling analysis,quantitative research is its impact on the development platform.Finally,this paper makes a comparative analysis on the regulatory effectiveness of P2 P online lending platforms in China,the UK and the us,and then puts forward policy Suggestions on improving the effectiveness of Internet financial regulation in ChinaThis paper discusses the effectiveness of Internet financial supervision in China from the following six parts: the first part describes the research background and significance of the article,and combs and summarizes the relevant literature on Internet financial supervision at home and abroad;the second part describes the relevant theories and defines the concept of the effectiveness of Internet financial supervision;the third part combs and analyzes China’s Internet financial supervision;the fourth part analyzes and proves the regulatory effectiveness of the typical business forms of Internet finance,that is,taking P2 P online lending platform as an example;the fifth part compares and analyzes the regulatory effectiveness of domestic and foreign P2 P online lending platforms for reference;the sixth part summarizes the previous points of view,and puts forward corresponding suggestions for improving the regulatory effectiveness of Internet Finance in China Countermeasures and suggestions.