Yu Yingjie: Peer-to-peer is more professional and more rational

Fast Pedestrian Network January 23 News (reported Wang) recently, by the Internet financial division of the Rapid Transit network held by the "Review of 2014 Outlook 2015" theme salon in Beijing. Sharon invited to Dacheng law firm (hereinafter referred to as Dacheng law) Yu Yingjie lawyer as a special chair, he in the Internet financial field to deal with the relevant cases of experience, put forward Peer-to-peer network loan industry is moving towards a more professional, more rational way of view.

Large into the law of the Internet financial team, by well-known lawyers Shaw, Yu Yingjie and other components, Yu Yingjie specifically responsible for investment mergers and acquisitions and traditional finance. In Yu Yingjie's view, the Internet financial industry is a young industry, has not grown into a mature business, of which three of the characteristics worth attention.
First, Peer-to-peer network loan development time is relatively short, has not experienced a complete industry development cycle. Because Peer-to-peer network loan industry is in the initial stage, so there are many problems to explore.
Second, Peer-to-peer network lending with the help of the Internet technology, there are many innovations in the active state. The same is Peer-to-peer network loans, but the graft of resources, the corresponding model are very unique characteristics of their own.
Third, before June 2014, more peer-to-peer net lenders had no financial background. Now, more and more financial backgrounds are joining the industry, and the industry is moving towards a more professional and rational path.
Speaking of the overall macro environment, Yu Yingjie said, overall, the State Council on the Internet financial holding tolerant attitude, Peer-to-peer network loan Platform "can be assured."
He argues that "the main purpose of the regulatory policy mechanism is not to close the peer-to-peer industry, the main purpose is to remove the industry's most terrible line, regulation to play a role in regulating the industry."
In the United States, Peer-to-peer network lending is regulated by the regulatory system. Because of the large number of investors involved, the need to do real information disclosure. More importantly, ensure the authenticity and logic of the project.
In practice, Yu Yingjie found that when many investors sought help, the investment projects involved were in a legal muddle, even on some well-known platforms. So, he suggested, look at a good platform, if the text, legal relations can be clear, "basic degree of reliability."
He also encountered some investors after the escape, eager to recover the missing, so stare at the lawyer, see what the lawyer do every day, "the situation is still very scary." So he advises investors, must be rational investment, should not only because of the temptation to lose rational judgment.