Zhu Min: Internet Banking Is Not A Big Problem For The Platform.

"Internet finance should be developed. From the regulatory framework, the first is a complete functional regulatory framework and implementation system."

Zhu Min said: "second is to internationalize the regulatory requirements of different countries and regions.

One risk of Internet finance is that you may go out without knowing it, because this is Internet finance. Unlike you invest and make capital, it has to go through an account and the regulatory card is dead.

Speaking of the prospects of Internet finance, Zhu Min is confident: "Internet finance is a big event, and it is an inevitable trend, just like we used to look at credit cards. When credit cards just started out, people always felt that credit cards could not compare with cash ratios, but today the concept is completely different. Internet finance is far more than credit card. Credit card is only a payment, and Internet finance is not only a payment, but also a complete one.

It's a value preservation, financial management, investment, all in it, and to the loan, so it almost contains all the functions of the bank. "

"More importantly, the potential direction of Internet finance is that it links financial and real economy, which is a very important reason why the Internet can go fast.

Because the finance and the real economy have to pfer money to people, the Internet has just passed away. "

Zhu Min said: "so I think the development of the Internet is inevitable, this is a major trend in the future."

Turning to the risks of Internet finance, Zhu Min said, the first is the fundamental change in regulation: "traditional banking supervision is institutional regulation, you have an organization, there is a point I supervise you;

It is functional supervision, because he has no point, he has no organization, and he has become a functional distinction.

Therefore, it completely subverts the whole regulatory tools, methods and aspects, such as the preparation of liquidity requirements, and the preparation of capital requirements.

Zhu Min believes that the current regulation of financial functions stays only in the concept: "if we want to develop Internet finance, China will first have to put financial regulation from concept to implementation, from operation to infrastructure. Without it, you cannot lead the world, but the whole world will listen to you."

At this time, Internet finance has become a leading new industry in the world. You do not have the entire supervision. This new functional supervision concept, framework, tools, implementation, operation and infrastructure is not enough.