The risk reserves of several P2P platforms are managed by banks.

As of May 15, there are 109 platforms that have signed fund deposit and management agreements with relevant banks, accounting for 4.57% of the number of platforms in normal operation, up 63 basis points slightly from April, but still less than 5%. There are as many as 3 1 banks involved in P2P fund deposit and management in the industry, among which Huaxing Bank signed 20 contracts, ranking first, while Minsheng Bank and Jiangxi Bank signed 18 and 1 1 platforms, ranking second and third respectively.

List of P2P platforms that have signed fund depository agreements with banks.

There are only 15 P2P depository systems officially launched, and the road to compliance is long. However, compliance can only be discussed if the fund depository system is officially launched. Of the 109 P2P platforms that have signed the agreement, only 15 platforms have actually launched the depository system, and another 39 platforms are still on the way to connect with banks. As many as 55 platforms have made no substantial progress after signing the agreement. The road to platform compliance can be described as long and bumpy.

List of platforms that have implemented online systems.

There are the most platforms officially docked in Beijing. Among the 15 P2P platforms, the first officially launched platform in Zhejiang province, China Net SDIC has been officially launched, Shenzhen, which has the largest number of domestic operating platforms, has not been reflected, and only 1 platform is online. The area with the most official launch is Beijing, and there are as many as seven platforms that have been launched, accounting for nearly half. In addition, two platforms in Anhui were officially launched, and platforms in Zhejiang, Jiangsu, Fujian, Hunan and Chongqing 1 were officially launched.

On April 22nd, after the internal test with Jiangxi Bank's fund depository system was completed, the system was officially launched. This is the first P2P platform in Zhejiang Province to officially launch the bank fund depository system. At present, among the nine P2P platforms in Zhejiang that have signed depository agreements with banks, they have been at the forefront.

However, it needs to be clear that bank fund custody is only a firewall to ensure the security of P2P investment. Even if it is formally docked with the bank's depository system, it cannot guarantee the absolute safety of users' funds and their projects. At present, banks have no effective means to effectively verify the authenticity of projects on the P2P platform, that is, they cannot prevent the platform from publishing false targets. Moreover, it is difficult to conduct a real 100% survey on P2P small-scale high-frequency lending projects. At present, banks try to rely on big data for analysis, and the risks of the project itself cannot be completely controlled.

It can be said that even if the P2P platform really goes online and realizes the bank deposit of users' funds, it can only ensure the safety of users' funds. In order to truly standardize the development of the industry, it is necessary to supervise the P2P platform's projects and the flow of project funds, so as to avoid the platform's illegal purposes such as indirect self-financing by publishing false targets. Regulators also need to deal with this risk through various other regulatory means.