Title: Research on internal risk control system of P2P network lending
Authors: Bo Peng
Addresses: School of Accountancy, Zhejiang Financial College, Hangzhou, Zhejiang, 310018, China
Abstract: With the emergence of the new regulatory model, various P2P problem platforms emerge in endlessly, and the bankruptcy events continue to break out, causing investors to suffer great losses, also affecting the sound development of the P2P network lending industry. The platform system is taken as an example to analyse the internal control problems existing in the system itself, and based on this, it analyses the risks existing in the P2P industry. It is intended to start with the top-level design of risk management control, combining third-party ratings, guarantee institutions and fund custody, other factors to optimise the internal control risk of the online lending platform, so as to strengthen the platform's own information intermediary function, improve the information disclosure mechanism, and resist the risk defence capability, and look forward to the good development of this emerging industry of internet finance.
Keywords: P2P; network lending; internal control; risk prevention; information disclosure.
International Journal of Computing Science and Mathematics, 2021 Vol.13 No.2, pp.126 - 135
Received: 10 May 2020
Accepted: 08 Jul 2020
Published online: 13 Apr 2021 *