China is likely to release detailed supervision rules governing the P2P industry in the second half of next year at the earliest, which are expected to require the industry to implement a negative list system, some analysts predict. However, registered capital threshold may not be set for the access to the P2P industry, looser than expectations, the analysts say.
The negative list system will not be carried out independently and is likely to be combined with the filing system, said Huang Zhen, head of financial law research institute of the Central University of Finance and Economics.
It is a trend to implement the negative list system for P2P platforms, which is favorable for healthy development of the industry, noted Fu Donghai, board chairman of ComCredit.
By November 30, the number of P2P borrowing and lending platforms monitored by 01 Research Institute Data Center reached 3,464, but only 1,876 of them were operating normally. In the light of this, the industry is in urgent need for detailed regulations.
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