The Legal Research On Commercial Bank Information Disclosure

BCBS published"International Convergence of Capital Measurement and Capital Standards: A Revised Framework"in 2004, in which firmly establish Market Discipline whose principal regulation as sharing of information facilitating assessment of the bank by others including investors, analysts, customers, other banks and rating agencies as one of the"three pillars"promoting the banking development. Information disclosure satisfies right to know of marketplace participants, relieves the natural fragility of finance organizations and wide range of information asymmetry. It is one of most important supervision means of government, main approach of Market Discipline, moreover, encourages bank improve management itself. Information, capital and energy is the basis of market economy, although the information disclosure become a hot spot as the academic theory which could ensure the efficiency of stock market, but because of the particular importance of the banking in social economic operation, Information disclosure of commercial banks from causes, categories to contents are different from general industrial and commercial enterprises. Related research not only benefits stock market, but also Help enhances the transparency of the banking so that decreases the possibility and perniciousness of system risk, playing a important role to the Healthy development of China's economy as a whole.The first chapter begins with the basic concepts involved in the research of commercial bank information disclosure, by simply illuminating some basic theory like the concept and economic effection of information, meaning, feature and category of commercial bank. The second chapter introduces the origin, establishment and four main development sectors of information disclosure system, specially the basic status of the Basle Committee which works as the constitutor of banking international standard, main contents of Basle Agreement, regulations about information disclosure in Basle Agreement, and the development situation of information disclosure in China. The third chapter, combined with the characters of modern banks, setting out from the economic theory of information disclosure, conclude the necessity for banks to disclosure. The fourth chapter summarizes the structure of the law and control system of Chinese information disclosure system, disclosing the defects of real result of Chinese bank information disclosure. The fifth chapter, after the process of analyzing the unsatisfied information disclosure works in China, writer construct the forward ladder for Chinese information disclosure system from six aspects, including the perfection of law, construction of supervision system, advancement of bank internal control, clear of information spread, build of credit society and form of competition market.