A recent report by the central bank reportedly revealed the policy orientation of Internet financial regulation, while the report also pointed out that the rapid development of Internet finance is also prone to risk proliferation and cross-transmission.

The report said that behind the regulatory upgrades are the hidden risks that have been accumulating in the field of Internet finance, and that some Internet finance companies are carrying out unauthorized business without obtaining licenses or permits, triggering operational and social risks, and that large-scale defaults tend to occur when problems arise in the underlying projects, and that the triggered operational risks and credit risks are likely to become the hidden dangers of regional or systematic financial risks, which may have an impact on the The impact on the financial stability of the region.

Secondly, the threshold of practice is low, the lack of self-regulatory constraints, there is disorderly competition in the market, part of the Internet financial products have been systemically important impact, the need to guard against pro-cyclical fluctuations and cross-market contagion of risk, it is reported that after the previous stage of the remediation of the work of the effective promotion of the current Internet financial risk is generally controllable, the industry standardization and development of the gradual realization.

Industry sources said that the standardization and transparency of the operation of the Internet financial platform has improved, after a round of industry "reshuffle", some innovative and standardized platform will stand out, and gradually embark on the road of standardized development.