Welcome to Francis Academic Press

Academic Journal of Business & Management, 2019, 1(2); doi: 10.25236/AJBM.190123.

Necessity Analysis and Core Principles of Internet Financial Supervision

Author(s)

Qiming Wang

Corresponding Author:
Qiming Wang
Affiliation(s)

University of Melbourne, Melbourne, Australia

Abstract

With the rise of Internet Finance and mobile payment, online payment, mobile banking, Wechat payment and other emerging trading methods are becoming more and more abundant. We classify these network behaviors into the category of Internet finance. However, while these new businesses bring us convenience, there are also great security risks, violations, information security, data leakage, embezzlement and fraud, which seriously affect and disrupt the stability and healthy development of Internet finance. Under the current situation, only by strengthening the supervision of Internet finance can such problems be effectively solved. Based on this, starting with the analysis of the current situation and problems of Internet finance, this paper expounds the necessity of Internet financial supervision from three aspects, and finally explains the core principles of Internet financial supervision from five points.

Keywords

Internet Finance; Necessity; Core Principles

Cite This Paper

Qiming Wang. Necessity Analysis and Core Principles of Internet Financial Supervision. Academic Journal of Business & Management (2019) Vol. 1, Issue 2: 61-66. https://doi.org/10.25236/AJBM.190123.

References

[1] ISCR.Canada:Financial Sector Assessment Program-Insurance Core Principles-Detailed Assessment of Observance[J].Imf Staff Country Reports,2014,16(71):1.
[2] Cao Y,Liu Z,Zhu J,et al.The necessity analysis of supervision and administration on waste from Beijing-Kowloon through train[J].Port Health Control,2015:205-208.
[3] Watkins C E.On Principles of Educational Change and Principled Action in Psychotherapy Supervision[J].Journal of Contemporary Psychotherapy,2016,47(3):1-10.
[4] Li H.Research on Financial Supervision System Design in the Public Finance Framework[J].Advanced Materials Research,2014,926-930:3894-3897.
[5] Dietrich F,Ries C,Eiermann C,et al.Complications in hip arthroscopy:necessity of supervision during the learning curve.[J].Knee Surgery Sports Traumatology Arthroscopy,2014,22(4):953-958.