On the dilemma and solution of Internet financial supervision
- DOI
- 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.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
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 - Proceedings of 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 - 10.2991/ismss-19.2019.27 ID - Su2019/04 ER -