Regulations on the Online Finance in China

摘要

Online Finance now in China has been dramatically progressed. The Online Finance has the functions like financial service, investment broker and electronic banking platform; meanwhile it has technical mobility, virtual transactions and strongly internet dependency. The regulation on the Online Finance in China, which has shown tits disadvantages and brought legal risks, has the same model like other regulations on the traditional business services. Therewith, a new model regulation is demanded to change the separated regulation frameworks, to establish unified information and transaction networks and to provide the preconditions of online finance tax.