On Legal Issues Of Multinational Bank Supervision Under The Economic Globalization

Economic globalization and international financial integration turn the whole financial market of the world into an integrative market, their interdependent degree also become deeper. Compared with the close condition, economic globalization and international financial integration created more favorableness condition for the transmission of the crisis. Once a bank appears a crisis, there will be a chain reaction. The quick development of multinational bank has already over step the scope of national supervision. Additionally the domestic supervisors do not attach much importance to supervision. Then multinational banks frequently evade the legal supervision. The international society needs to strengthen international coordination on the multinational bank supervision, and resolve the legal problem on multinational bank supervision considering the times situation and multinational bank's own features.This text analysis and demonstrates the legal resolution of the multinational bank supervision problem under the Economic globalization respectively in the national level and international level. That is to set up multinational bank's holistic supervision by combining national supervision, international supervision and inter supervision, to integrate the supervision object, measure, manner, consciousness and mechanism. Mother country supervision and host country supervision are the necessary pattern in the holistic regulation system. The two patterns rely on and supplement each other. The essential of multinational bank supervision isn't to build up higher rank supervision system. It is to realize its operation object by each country's harmonizing and international supervision object's unification.Our country's supervision on foreign capital bank mainly has problems as follows: the legislation system is not perfect, legislation rank is not high enough, it value regulation supervision and ignored risk supervision Jack variety supervision manner, lack international cooperation on supervision. Our country all along did not attach enough importance to the oversea branch of Chinese bank, and lack related legal system and practice experience. The fast development of economic globalization is a opportunity and a challenge of the development of Chinese bank. At the same time italso bring forward require to our bank supervision. This text tries to summarize the experience of multinational bank supervision, set up and perfect our multinational bank supervision legal system.