| In　June　1985,　Bank　of　China　Zhuhai　Branch　issued　the　first　credit　card　in　China---Zhong　Yin　Card,　which　opened　a　new　era　of　credit　card　in　China.　Up　till　now,　the　credit　card　has　been　with　the　Chinese　people　for　a　total　20　years　and　it　has,　to　some　extent,　already　changed　our　life　style,　giving　us　even　more　convenience　and　advantage.　Nevertheless,　the　current　credit　card's　legal　compliance　cannot　cope　with　the　fast　development　of　credit　card　industry　and　such　system　results　in　the　occurrence　of　many　credit　card　disputes,　which　not　only　impair　the　legitimate　rights　and　interests　of　card　holders,　but　also　hamper　the　stability　of　our　nation's　finance　orders.　By　2006,　the　local　finance　market　will　be　open　to　the　whole　world　and　we　must　establish　a　complete　legal　compliance　system　to　secure　the　future　development　of　credit　card.　Based　on　this　object,　this　article　studies　on　several　questions　of　key　importance　and　brings　out　some　ideas　on　how　to　make　the　credit　card　legal　compliance　system　more　complete.　Besides　the　introduction　and　tag,　this　article　is　divided　into　four　chapters.　Chapter　One　focuses　on　the　basic　introduction　to　the　Chinese　credit　card.　In　this　chapter,　the　writer　explains　the　concepts,　kinds,　characters　and　functions　of　credit　card.　Upon　the　introduction　of　the　historical　development　and　current　situation,　this　article　arises　a　question,　which　is　the　contradiction　between　the　prosperous　credit　card　industry　and　the　lagging　credit　card　law.　Also　this　article　makes　a　basic　introduction　to　the　related　parties　in　the　credit　card　legal　relationship.　Chapter　Two　focuses　on　the　legal　research　into　the　credit　card　system.　Such　chapter　selects　four　representative　legal　problems　and　makes　a　further　analysis　on　them.　These　problems　are:　the　protection　of　citizens'　privacy　rights　during　the　issuance　of　credit　card;　the　protection　of　cardholders'　"Rights　to　Know";　the　allocation　of　responsibilities　after　the　report　of　loss　of　credit　card　and　the　identity　confirmation　of　cardholders.　Upon　the　investigation　and　research　of　the　above　questions,　this　article　points　out　that　there　are　so　many　nonstandard　aspects　during　the　issuance　and　using　of　credit　card　and　the　shareholders'　rights　and　interests　are　being　impaired---all　these　result　from　the　lack　of　related　laws　and　regulations　specified　in　credit　card.　At　the　meanwhile,　this　article　gives　some　resolutions　or　legal　suggestions　as　to　those　problems.　Chapter　Three　focuses　on　the　definition　of　the　credit　card　legal　compliance　system　and　argues　that　such　legal　system　contains　not　only　the　regulations　in　　"Management　Regulations　of　Bank　Card　Business",　"General　Principles　of　Civil　Law",　"Contract　Law"　etc.,　but　also　other　regulations　stipulated　in　administrative　laws　and　criminal　laws.　Such　chapter　also　makes　a　brief　introduction　to　the　credit　card　legislations　of　the　United　States,　which　specifies　in　some　of　the　advantages　we　can　make　use　of　in　the　adjustment　of　Chinese　credit　card　legal　system.　Chapter　Four　focuses　on　the　reasoning　of　how　to　make　complete　the　Chinese　credit　card　legal　compliance　system.　The　article　first　analyzes　the　necessity　of　improving　the　credit　card　legal　system　and　then　gives　some　suggestions,　which　are　protect　the　cardholders,　control　the　financial　risks　and　comply　with　the　world　trend.　Such　suggestions　outline　the　basic　structure　on　how　to　make　complete　the　Chinese　credit　card　system.
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