Proceedings of The First International Symposium on Management and Social Sciences (ISMSS 2019)

On the dilemma and solution of Internet financial supervision

Authors
Lifang Su
Corresponding Author
Lifang Su
Available Online April 2019.
DOI
https://doi.org/10.2991/ismss-19.2019.27How to use a DOI?
Keywords
Internet finance; supervision; separate supervision; unified supervision
Abstract
The integration of the Internet and the financial industry has brought the traditional financial industry into the new era of Internet finance. The de-intermediation of Internet technology has not changed the nature of the financial industry. In the way of supervision of Internet finance, the traditional prudential supervision principle and separate supervision model of the financial industry are still applied. However, the traditional supervision mode ignores the mixed operation characteristics of Internet finance, causing the derailment of separate supervision and mixed operation in China's Internet financial supervision at present, which leads to the aggravation of financial risks. In order to effectively promote the healthy development of the Internet finance industry, we should change the supervision notion of Internet finance and realize the transition from separate supervision to unified supervision under the concept of modest regulation.
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Proceedings
The First International Symposium on Management and Social Sciences (ISMSS 2019)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
April 2019
ISBN
978-94-6252-697-6
ISSN
2352-5398
DOI
https://doi.org/10.2991/ismss-19.2019.27How 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  - Lifang Su
PY  - 2019/04
DA  - 2019/04
TI  - On the dilemma and solution of Internet financial supervision
BT  - The First International Symposium on Management and Social Sciences (ISMSS 2019)
PB  - Atlantis Press
SP  - 127
EP  - 131
SN  - 2352-5398
UR  - https://doi.org/10.2991/ismss-19.2019.27
DO  - https://doi.org/10.2991/ismss-19.2019.27
ID  - Su2019/04
ER  -