Research on the Present Situation and Risk of Information Disclosure in P2P Network

The establishment of Zopa in 2005 announced the arrival of the net loan era. In 2007, China's first net loan platform, pat loan was established. However, in the current financial environment of China, Peer-to-Peer(P2P) net loan market is a serious information disclosure of anomie, resulting in fraud and borrowers making off with lenders' money. As of September 2016, China's total number of closed down and platforms is 2076. It is found that the opaque information disclosure of P2P network borrowing platform brings security risk, credit risk, the risk of lack of regulation and operational risk. This needs us to establish and improve the legal system and strengthen external and internal supervision system, at the same time encouraging the behavior of industry standard self-discipline is also importance.