Proceedings of the 2014 International Conference on Social Science

Legal Consideration on the Internet Finance Supervision

Authors
FuQiang Zhang, Wei Lin
Corresponding Author
FuQiang Zhang
Available Online November 2014.
DOI
https://doi.org/10.2991/icss-14.2014.75How to use a DOI?
Keywords
Internet Finance; Legal Supervision; P2P; Crow Funding; Information Security
Abstract
On March 5, 2014, Premier Li Keqiang submitted the government report deliberated by Twelfth Session, Second Meeting of the National People's Congress, which proposed “accelerate the development of Internet Finance, improve Internet Finance supervision and coordination mechanism, monitor the flow of foreign capital closely, and protect from the systematic and regional finance risks”. It is the first time “Internet Finance” occurred on the official reports. The Central People's Government has sent the message of the encouragement and support on the market innovation, also they accepted that the new Internet Finance industry should be conducted and regulated. The paper first introduces the operational model of Internet Finance, differs it from the traditional finance industry. And then analyzes the current law and explores the endogenous risks, in the hope of searching for better solutions to supervise Internet Finance and accelerate its development.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Proceedings
2014 International Conference on Social Science (ICSS-14)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
November 2014
ISBN
978-94-62520-39-4
ISSN
2352-5398
DOI
https://doi.org/10.2991/icss-14.2014.75How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - FuQiang Zhang
AU  - Wei Lin
PY  - 2014/11
DA  - 2014/11
TI  - Legal Consideration on the Internet Finance Supervision
BT  - 2014 International Conference on Social Science (ICSS-14)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/icss-14.2014.75
DO  - https://doi.org/10.2991/icss-14.2014.75
ID  - Zhang2014/11
ER  -