Accumulated 64 Peer-to-peer platform operating difficulties or closed, run away phenomenon

There are 64 Peer-to-peer platforms operating difficulties or failures, running out of the phenomenon, 3-4 months after the on-line problem of more than half ... Circle Money, fraud, run away, the phenomenon of closure, in the high-speed growth, the overall size of the industry to reach the Bai, Peer-to-peer industry has been questioned.

Liu, the deputy governor of the central bank, appears to be important in the rumours swirling around the internet's financial regulatory policies. Recently, its use of "encourage development, tolerance error" response to the central bank of the red Line of the demarcation of the rumors.

Supervision is still under "observation period"

"At this stage, there is too much evaluation of the industry," he said. In fact, whether good or bad evaluation, there is still lack of complete time series and the corresponding data to support the industry also needs a certain period of development observation. "December 4, Liu in the Internet Finance Professional Committee held 2013 Internet Financial Forum, said during the observation, to encourage the Internet financial innovation and development, tolerance of mistakes."

It is noteworthy that on the same day, the Central bank promulgated the implementation of the "Credit Institution management measures", aimed at implementing the party's 18 plenary on "The establishment of a sound Social Credit system" requirements. And the lack of social credit system is China's peer-to-peer industry has been difficult as a foreign peer-like to achieve online audit credit Crux.

"Now only a few traditional financial institutions can get such data, our Non-bank Internet finance companies want the central bank to open the credit system to the Internet financial companies, because the core of finance or data, the support of Internet finance can be better." "Good credit net CEO Li Mingshun said.

"No regulation, no credit, will only create one after another Ponzi scheme." "In the eyes of many investors, lending to strangers through a peer-to-peer platform is a" drum-pass "game, which is the reason for a peer-to-peer company that offers small loan companies and financing guarantee companies a few months on the line.

Reaffirming the "Red Line Theory"

The prevailing financial-capital pool model in the industry is being questioned about the possibility of a Ponzi scheme.

In this respect, Liu reiterated its "Red line theory" of August 13 this year, that is, illegal fund-raising, illegal absorption of public deposits two red lines can not touch, especially Peer-to-peer platform can not run funds pool. August 13, Liu has comments on the current Peer-to-peer industry's popular fund pool model will be the platform function into line, is the concept of a change, through the evolution of capital pool, and then evolve the structure and duration of innovation, is the shadow bank.

"The transfer of traditional offline financial services to the line, to comply with the regulatory provisions of the offline financial services." Liu said the government would not condone fraud, fraud and other criminal activities.

In fact, since July, the central bank has repeatedly investigated and made repeated noises about peer-to-peer problems. As recently as November 25, the Central Bank Law department related people attended by the CBRC-led nine ministries to dispose of illegal fund-raising joint meeting, also to Peer-to-peer business development gave three points of risk warning. For a while, rumours of a central bank's regulation were rife.

Is the central bank trying to clean up its peer-to-peer boots to really hit the ground?

Although not to the central bank red Line demarcation of the positive stance, but Liu said, peer-to-peer platform "own guarantee, absorbing funds to do pool" is a typical fraud, is a crime. The central bank and other financial regulatory departments will cooperate with the public security organs and various Governments to combat the use of Internet finance to defraud crime activities, in order to promote the healthy development of normal internet finance.

"The State Council has heard the relevant report, the next step will be bigger arrangements." Liu said, at this stage, more emphasis on industry self-discipline.

Wing Lung loan CEO constructed to reporters, the next Internet Finance Professional Committee will also discuss the details of peer-to-peer industry.

The form of self-regulation, based on the establishment of the Internet Finance Professional Committee by the China Society for payment and liquidation, also gives the industry an imaginary space for possible future regulatory approaches.

A member of the boss told reporters that the future central bank is likely to the Peer-to-peer capital liquidation to make norms. It is also in line with the central bank's proposal to establish a Third-party fund custodian for Peer-to-peer. In the above-mentioned paper, "No matter how the Internet finance through the process reengineering, vague or change the performance of the financial business, as long as the risk of capital flow to seize the potential of the Internet, the key risk." ”

"At this stage, the regulatory layer will not be shot, but in the form of speech," shouted, "but as a peer-to-peer enterprise must be ' obedient '." "A person close to the central bank also told reporters that the next year for the Internet, including Peer-to-peer Financial regulation policy must be."