Font Size: a A A

WTO And Perfecting Of Internal Control Legal System Of Chinese State-owned Commercial Banks

Posted on:2004-09-27Degree:MasterType:Thesis
Country:ChinaCandidate:C S HeFull Text:PDF
GTID:2156360095952031Subject:International Law
Abstract/Summary:PDF Full Text Request
In accordance with the demands of the WTO, The deregulation and globalization of international financial industry is surely a definite direction of development. In the face of that situation, The task for the state-owned commercial banks in our country to prevent risks and improve efficiency will be tougher. In order to prevent risks and improve efficiency, it's necessary to establish a perfect internal control system, thus, this article discuss the legal perfection of the internal control system of the state-owned commercial bank inour country, and lay stress on the primary premise--the establishment ofmodern corporate system.In the introduction, the author displays the research work of the scholars at home and abroad, and also put forward author's point of view. The conclusion of the research work at abroad scholars embodied in the formwork of internal control system established by COSO and Basle, while the scholars at home concentrate their research work mainly on concrete measures. In the view of the author, we should investigate the internal control system on the whole and follow the sequence first studying the establishment of the modern corporate system, then studying other issues.In the First section, the author mainly introduced the finance-related WTO rules system, and concluded that the main demands of those rules are the deregulation and globalization of the financial industry, and suggested that to meet the demand, it's necessary to perfect the law of internal control system of the state-owned commercial banks.For the backward state of the establishment of internal control system in the state-owned commercial banks, It's only natural that we should learn and borrow the advanced experience from the banks abroad, thus, the author devotes thesecond section to the approaches of the establishment of the internal control system of the foreign banks and the introduction of the international regulations, and makes out what is worth learning. For example, in the United States, Japan and Germany emphasize: (l)the authority of the supervise body in the corporate governance structure; (2)the multi-pole of property right; (3)multi-player share-controlling structure of company organization and the idea of internal control system implying in the Basle Agreement.After the introduction and analysis above, comes the third section, the specific ways of how to improve the internal control legal system of the state-owned Commercial bank in our country, namely how to improve the modern corporate system legally of the state-owned commercial banks from the following three aspects: In respect of the system of property right, realizing the diversification of subjects of the property right; in respect of the structure of organization, establishing internal controlling financial company and corporate governance structure; In the respect of separation of "three power" , establishing power-balanced corporate governance structure.In the last section, the author put forward the assumption of further research on the issue, on the basic of the research work of the scholars at home and abroad, discuss and verify the operation of modem corporate system on real legal sense.
Keywords/Search Tags:WTO, commercial bank, internal control system
PDF Full Text Request
Related items