What is the impact of the issuance of the Internet Finance Guiding Opinions on the development of P2

P2P can develop healthily with formal regulation.

P2P financial innovation by American-AustrianEconomistsIt was first proposed by Joseph Schumpeter.

In addition, including Hengfeng Bank.

A number of banks, including China Merchants Bank, Bank of Lanzhou and Baoshang Bank, have directly participated in the risk control and management of their P2P online lending platforms in different forms. The disadvantages of banking P2P are mainly reflected in the low rate of return, and the expected annualized rate of return.

in between. It is slightly higher than bank wealth management products, but it is at a low level in the P2P industry, and its attractiveness to investors is limited. In addition, many traditional commercial banks only regard the Internet as a leak in a sales channel, and the innovation ability and market-oriented operation mechanism of the banking P2P platform are not perfect.

The advantages of banking P2P are mainly as follows:

First, it has abundant funds and sufficient liquidity;

Second, the quality of the project source is excellent, and most of them come from the bank's original small and medium-sized customers;

Third, it has strong risk control capabilities, taking advantage of the natural advantages of P2P in the banking system and entering the central bank through the banking system.

The credit database grasps the borrower's credit profile in a shorter period of time, thus greatly reducing the risk.

P2P Internet Finance was proposed by the one surnamed Li, you can check the 2018 conquest report, where it is clearly written.

Answer]: C Analysis: In July 2015, the People's Bank of China and other ten departments issued the "Guiding Opinions on Promoting the Development of Internet Finance Jianming and Jingkang", which clearly stipulates that P2P online lending can only be used as an information intermediary, and many P2P online lending platforms have been cautious in the past and also acted as a "credit intermediary".

After the issuance of the Guiding Opinions, the P2P industry will be supervised by the CBRC.

According to Article 8 of the "Guiding Opinions on Promoting the Healthy Development of Internet Finance", online lending. Online lending includes individual online lending (i.e., P2P online lending) and online small loans.

Individual online lending refers to direct lending between individuals through Internet platforms. Direct lending on individual online lending platforms falls within the scope of private lending, and is regulated by laws and regulations such as the Contract Law, the General Principles of the Civil Law, and the relevant judicial interpretations of the Supreme People's Court. Individual online lending should adhere to the function of the platform, and provide intermediary services such as information exchange, matchmaking, and credit evaluation for investors and financiers.

Individual online lending institutions should clarify the nature of information intermediaries, primarily providing information services for direct lending between borrowers and borrowers, and must not provide credit enhancement services or illegally raise funds. Online micro-loans refer to the micro-loans provided by Internet enterprises to customers through the microfinance companies controlled by them. Online microloans should comply with the existing regulatory regulations of microfinance companies, give full play to the advantages of online loans, and strive to reduce customer financing costs.

The online lending business is supervised by the China Banking Regulatory Commission.

The "Guiding Opinions" clarify the responsibilities of various regulatory departments, among which the Internet payment business is supervised by the People's Bank of China, the online lending, Internet trust and Internet consumer finance business are supervised by the China Banking Regulatory Commission, the equity crowdfunding financing and Internet sales business are supervised by the China Securities Regulatory Commission, and the Internet insurance business is supervised by the China Insurance Regulatory Commission. Therefore, the P2P industry is supervised by the CBRC.

Mistletoe leaves fall on the mountain road, citrus aurantium flower Ming post wall.

It has always been regulated by the China Banking Regulatory Commission.

This is not very clear, and mutual loans are recommended.

Analysis report on market prospect and investment strategic planning of China's Internet finance industry

Since 2018, China's Internet financial platform and P2P thunderstorm continues, whether it is ** or local institutions, the regulatory authorities continue to high-pressure supervision, many platforms have left, the entire Internet finance industry has been shrouded in a "cold winter", but despite the cold winter, the investment and financing market of the Internet finance industry has not decreased, according to the data of the Internet Loan Home, in 2018, the financing amount of China's Internet finance industry reached 67.4 billion yuan, and 420 financing cases occurred. From the perspective of the layout of the new entrant industry, in 2018, China's leading Internet companies have made unprecedented progress in banking, insurance, and international financial layout.

Under the cold winter of capital, the financing enthusiasm of mutual finance enterprises has not diminishedIn 2018, with the changes in the financial market and macro environment, especially the implementation of the "New Regulations on Asset Management" in the industry, the wealth management subsidiaries of banks were established at the end of the year, and the deepening reform of the financial industry came to a deep water area. Since 2017, the regulatory authorities have taken measures such as cooling down and stepping on the brakes for the crazy growth of the Internet finance industry, and the filing system is about to emerge. Since 2018, Internet financial platforms and P2P thunderstorms have continued, whether it is ** or local institutions, the regulatory authorities continue to high-pressure supervision, many platforms have left the market, the third-party payment field "strong supervision" trend has not decreased, "broken direct connection" has accelerated, some business risk exposure in the industry has been gradually exposed, ICOs, STO have been banned, virtual currency trading platforms have violated, blockchain has taken the lead in fulfilling the "filing system", and the entire Internet finance industry has been shrouded in a "cold winter".

1.The "Guiding Opinions" are clear.

The Ministry of Industry and Information Technology of BAI, the Cyberspace Administration of China, etc. joined.

zhi regulatory body, and to.

DAO requires that any organization or individual that opens an online website to engage in Internet financial finance business shall perform the first filing procedures with the telecommunications department in accordance with the law, otherwise it shall not carry out Internet financial business.

2.The Guiding Opinions put forward information disclosure, risk warning, and qualified investor systems, and clarify the legal and regulatory basis, dispute resolution mechanism, and law enforcement authorities for the protection of the rights and interests of Internet financial consumers.

3.The "Guiding Opinions" clearly require that the third-party depository system shall be implemented for customer funds, and that banking financial institutions shall act as fund depository institutions to manage and supervise customer funds.

The advantage of banks in fund depository is that the regulatory process is very clear, and the substantive supervision of P2P capital flow by the CBRC and the central bank can also be very direct, and the overall capital can be grasped more clearly; In addition, banks have been supervised by the CBRC for many years, and are more reliable in terms of operation processes or security than third parties.

4.The promulgation of the Guiding Opinions clarifies for the first time the regulatory norms of P2P - the CBRC supervises the P2P field, and classifies P2P as the category of "individual online lending", clarifies its nature as a fund matching intermediary, and once again emphasizes the information intermediary positioning of its platform, which shall not provide credit enhancement services and illegal fundraising, and belongs to the category of private lending, which is regulated by laws and regulations such as the Contract Law, the General Principles of the Civil Law and the relevant judicial interpretations of the Supreme People's Court.

The sequence of "stability" and "development" fully illustrates the two key points of China's financial work at the present stage.

Since "stability" is the meaning of the topic, financial institutions should strictly abide by the "red line" on the basis of bold innovation, especially when absorbing the idle funds of the people, it is recommended to set up a qualified investor system to sell financial products with matching risk levels to qualified entities.

Establish a financial stability and development committee, strengthen the PBOC's macro-prudential management and systemic risk prevention responsibilities, implement the regulatory responsibilities of financial regulatory departments, and strengthen regulatory accountability.

Adhere to the problem orientation, strengthen coordination for outstanding problems, strengthen comprehensive supervision, and highlight functional supervision and behavioral supervision.

At this stage, we observe that the more prominent problem in the field of Internet finance is the problem of illegal fundraising.

Illegal fundraising has a double harm: first, it damages the order of national financial management; Second, it has harmed the legitimate property of the common people.

The former is adopting methods such as penetrating supervision to prevent regulatory arbitrage and illegal institutions from continuing to jeopardize the existing financial management system.

In the latter, according to the reports of the people, the judicial organs are also actively responding to all kinds of illegal fundraising cases, resolving risks, and resolving disputes.

At this stage, we observe that the more prominent problem in Internet finance is the problem of illegal fundraising! Illegal fundraising has a double harm! The first is to damage the order of the country's financial management, and the second is to damage the legitimate property of the people!