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Economic Review Journal. 2019, (03) Core

A Research on Risk Prevention and Control of Scenario Consumer Finance in ChinaChinese Full Text

Yin Zhen-tao;Cheng Xue-jun;Institute of Finance ＆ Banking,Chinese Academy of Social Sciences;KoGuan School of Law,Shanghai Jiao Tong University;

Abstract: With the transformation of economic structure,the upgrading of consumption concepts and the rapid development of financial technology,under the promotion of consumer financial policy dividends,China’s scenario consumer finance industry has achieved rapid development. Compared with the"cash loan"business without scene support,the structure,process and participants of the scene consumption finance combined with the depth of the consumption scene are more complicated. At present,the main risks of China’s scenario consumer financial market are user credit risk,fraud and cash out risk,legal and dispute risk,capital liquidity risk,financial technology’s own risk and internal management risk. The main reasons for the formation of risks are as follows: brutal development of scenario consumer finance and neglect of risk control,imperfect regulatory system and prominent regulatory arbitrage and legal risks,imperfect credit reporting system and credit risk accumulation,unbalanced internal development and uneven risk management capabilities,weak awareness of consumer rights protection and lack of financial knowledge,serious inadequate of internal control of the company and upgrading of internal control risk. Therefore,China should strengthen the supervision of the scene consumer finance from both macro and micro aspects.
Keywords：

Scenario Consumption Finance; Risk Prevention; Financial Regulation; Financial Technology;

  • DOI：

    10.16528/j.cnki.22-1054/f.201903055

  • Series：

  • Subject：

  • Classification Code：

    F832

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