Study On Legal Issues Of The International Cooperation On Securities Regulation

With the global economic integration came the internationalization of securities market, and the challenge to securities regulation is raised. Countries around the world are attempting to establish a three-dimensional and full spectrum cooperative regulation system. As China's securities market is a newly emerged and developing market in transition, and it is integrating into international finance market, it is also facing the project of how to regulate the cross-border securities. Through studying legal issues of international cooperation on securities regulation, it can improve the standards of China's international cooperation on securities regulation, and then push forward the process of international securities regulation cooperation, which is the practical significance of this thesis.This thesis employs many analytic approaches, mainly research approaches of literature survey, comparative analysis, investigation, law approach.This paper is divided into the following four chapters,â… Introduction of securities regulation and international cooperation on securities regulation;â…¡Form of international cooperation on securities regulation;â…¢Content of international cooperation on securities regulation;â…£System of China's international cooperation on securities regulation. Main contents of each chapter are as follows:Chapter One introduces international cooperation on securities regulation in general, including the meaning of securities regulation, securities regulation system, the meaning of international cooperation on securities regulation and the necessity of international cooperation on securities regulation.Chapter Two states the three forms of international cooperation on securities regulation, bilateral cooperation, regional cooperation and global cooperation. It includes the introduction of mutual legal assistance treaties and memorandum of understanding, the discussion of EU securities regulation cooperation mechanisms, and the analysis from the perspective of global organization of securities.Chapter Three discusses the main contents of international cooperation on securities regulation. Through the view of IOSCO and its released documents, it analyzes the international regulation cooperation of securities information sharing and disclosure, securities settlements and securities fraud. Chapter Four makes an analysis upon the current situation of China's securities regulation cooperation, and points out the existing issues on cross-border securities regulation cooperation. This chapter proposes to establish China's system of securities regulation cooperation from three aspects, including improving China's system of securities regulation law, strengthening the effectiveness of securities regulation system, and actively participating in international cooperation on securities regulation.