Solving the Puzzle of the Personal Loans Industry via Law and Fintech

Author: The SAIF ThinkTank joint project team of the Applied Research of Law and Fintech in Resolving Individual Credit Risk Publication Year: 2024-3

Given the high level of personal loan defaults in recent years, stakeholders are finding it increasingly difficult to eliminate risk. At the same time, as laws and financial technologies are rapidly evolving and expanding to cover a greater range of application scenarios, personal loan disputes are now largely dealt with via legal proceedings. Therefore, it has partly optimized traditional ways of handling personal loan cases, guaranteed stakeholders’ legal rights and interests, and advanced the development of a high-integrity law-based society. Based on the research and analysis of related laws and fintech applications from China and beyond, this book offers nine specific suggestions to resolve individual credit risk through the application of law and fintech, four suggestions on how to develop well-regulated third-party law and fintech platforms, and an outlook for future growth of the industry, aiming to provide useful references to address commonly seen issues in personal loans.

Shanghai International Financial Center Construction Series Report 2022

Author: The SAIF ThinkTank project team of the Shanghai International Financial Center Construction Series Report Publication Year: 2023-10

With the aim of building itself into an international financial center with global influence by 2035, Shanghai is making great efforts to tackle new challenges and further enhance its financial capacities. Against this backdrop, the report presents the results of in-depth research from multiple perspectives, including green finance (published separately), sci-tech innovation finance, fintech, asset management, the cross-border use of RMB, financial opening-up in the Pudong Pioneering Zone, and integrated financial development in the Yangtze River Delta region. The report also consists of suggestions and prospects on improving financial functions and urban capacities, contributing to Shanghai’s further development as an international financial center. It is an insightful reference for economic and financial researchers, government officials and corporate managers.