On the Risks and Solutions of the Bank Depository in P2P Client Funds
Guilin Gao, Changchao Hou
Available Online December 2017.
- https://doi.org/10.2991/icemse-17.2017.33How to use a DOI?
- Network loan platform, Client's funds, Bank depository
- In accordance with the law, the funds obtained from the clients of P2P network platform in China must be deposited with the bank. However, the bank depository of the customer funds can't really solve the platform's control of customer funds, and the fund pool and self-financing can be completed indirectly, which is not conducive to the development of the industry. This paper analyzes the real difference between China depository and trusteeship is the real review of P2P loan platform by empirical analysis of the depository and using comparative analysis method. Based on this, the client funds should be managed by the bank, only in this way can the industry's credibility be improved and keep the client's funds safe.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Guilin Gao AU - Changchao Hou PY - 2017/12 DA - 2017/12 TI - On the Risks and Solutions of the Bank Depository in P2P Client Funds BT - Proceedings of the 2017 2nd International Conference on Education, Management Science and Economics (ICEMSE 2017) PB - Atlantis Press SP - 137 EP - 140 SN - 2352-5428 UR - https://doi.org/10.2991/icemse-17.2017.33 DO - https://doi.org/10.2991/icemse-17.2017.33 ID - Gao2017/12 ER -