Preventing chain breakdown from P2P lending: There must be a legal corridor quickly

Preventing chain breakdown from P2P lending: There must be a legal corridor quickly

VCN - In recent days, the case of two peer-to-peer lending enterprises (P2P) falling into illiquidity, leading to the risk of chain breakdown, shows that the legal corridor and tight control of the financial technology sector (Fintech) is very important.
Regulatory sandbox for P2P lending needs strict requirements

Regulatory sandbox for P2P lending needs strict requirements

According to the central bank, the rapid development of fintech has posed many challenges to financial authorities in managing, supervising, ensuring security and safeguarding interests of consumers and investors.
Central bank warns against P2P lending

Central bank warns against P2P lending

The State Bank of Vietnam (SBV) has told credit institutions to carefully consider signing cooperation deals with suppliers of peer-to-peer (P2P) lending services because of the high default risk, local media reported.
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