Discussions on Information Disclosure and Liquidation Safety of P2P Online Lending Industry

Abstract

P2P online lending has faced many problems in recent years after explosive growth. The successive collapse of the P2P online lending platforms in 2018 has raised concerns about the prospects of this industry, which has become one of the core problems to be solved in the future development of Chinese P2P online lending industry. This paper discusses how to improve the quality, integrity, independence and credibility of information disclosure, and how to improve the independence and security of fund trust and liquidation services from the perspective of major service providers in the P2P online lending industry, such as P2P online lending platforms, bonding companies, fund trusteeship institutions, industry information platform, and liquidation institutions that may emerge in the future. This provides a feasible way to reduce the risk of bankruptcy of online lending platforms and enhances the credibility of the online lending industry. It has practical value for the main service providers of the online lending industry to improve the quality of service and the regulatory practice of regulatory authorities.

Influence of trust and risk on peer-to-peer investment willingness: a bidirectional perspective

“…The foundation of the global P2P lending market is the sustainable and stable operation of P2P platforms (Tong et al , 2019). In many countries, such as Indonesia in Asia, Latvia in Europe and Mexico in Latin America, the P2P lending market is developing rapidly while a lot of problematic P2P platforms have emerged (Berkmen et al , 2019; Canfield, 2018; Petersone and Kreituss, 2020; Suryono et al , 2021).…”

Blockchain Technology Mitigates the Role of Information Asymmetry -- Take P2P Online Lending Platforms as an Example

“…In China, due to the active private capital and the development of network technology, the P2P network lending business is growing rapidly. By the end of 2015, there were more than 4,900 P2P platforms in China [1]. However, the problem of P2P online lending has become increasingly serious because of problems such as an imperfect credit Information asymmetry system and weak supervision and selfdiscipline, more than 1,100 problematic platforms were identified in 2015 alone [2], seriously hurting the interests of investors.…”