Listed Banks Of China Legal Regulation Of Related Party Transactions

With the vigorous development of China's financial industry, many banks have changed stock and go public, as of December 2010 there were 16 banks listed in China, namely the Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of China, Bank of Communications, China Merchants Bank, Shanghai Pudong Development Bank, Minsheng Bank, Huaxia Bank, Industrial Bank, China CITIC Bank, Beijing Bank, Bank of Ningbo, Nanjing Bank, Shenzhen Development Bank and China Everbright Bank. These banks have listed, On the one hand that the current fast development of China's banking industry;On the other hand, it also gives us some of the risks facing the bank is full of public concerns, especially related transactions listed banks widespread, although the related party transactions Some have their own advantages, such as reduced operating costs, information sharing, but there are also risks deepening concentration of listed banks, financial risks and even evoked the possibility of financial crisis. Therefore, legal regulation of related party transactions of listed banks will have the important significance.This paper selects related party transactions of listed banks and its Legal Regulation of the themes, the text is divided into seven parts, in addition to introduction and conclusion, the text is divided into five sections. Introduction part introduces some of the areas and issues to be studied and the current research status and research value of this brief analysis.The first chapter studied the related party and related party transactions in the legislative and theoretical definition and also defined to the related party transactions and the related parties of listed bank. The second chapter, related party transactions will be listed banks to analyze the causes of, respectively, from a theoretical perspective, the perspective of internal control and external control perspective for analysis and summary of related party transactions of listed banks that reason prevailed.The third chapter, the improvement in the theory put forward to regulate the related party transactions of listed banks,to further improve the system of disregard of corporate personality and to establish the principle of deep rock.The fourth chapter, from strengthening market the bank's internal control made on the listed banks related party transacations legal regulation mearsures,including the optimization of listed banks state-owned equity, strengthen the controlling shareholders of the regulation, the independent directors and Related Party Transactions Committee System and the further Strengthening the role of the board of supervisors.The fifth chapter,put forward from the external supervision of the related party transactions of listed banks legal regulation measures: related party transactions listed banks improve the information disclosure system, strengthen the supervision and regulatory bodies to build an unified regulatory listed banks the legal system of related party transactions.