The International Comparison Of Finance Supervision Legal System And The New Considering Of China After The Entry Into WTO

Since the entry into the World Trade Organization in 2001, the communication between China and other countries deepens increasingly, and they have many fields to start conversation and other relations. The finance industry, as one of the most important components of the state economy, plays a very important role in the development of the whole country'blue print. The rationality and efficiency of the finance supervision is always and terribly concerned by the government all over the world. The finance legal system, which offers the legal basis and institution support, its advisability and efficiency should also be payed more attention in the jurisprudential circle.According to the commitment by the Chinese government, the financial market will be totally open to the foreign capital since 2007.Although the foreign finance entity will be constrainted by the Chinese law, and they only can do their business sectionally (not mixed), compared with the Chinese bank, they have connatural advantage because most of their mother companies are mixed finance group. Consequently following the main stream of the international finance circle to develop the finance holding-company becomes the important way to boost up the competitiveness of Chinese financial institution. Research on the mixed-business also becomes to be a very important question under the management system of divided-business of the china finance.The author has observed the change of international financial backdrop. In this text firstly the author gives the basic theory of the finance supervision, and points out the theoretical and practical value of the research on the financial supervision legal system. Next the author process the comparative study on the main developed countries'financial supervision legal system, and study their each evolution and character , focusing on the generalization of the successful finance supervision reformatory experience of them and their insufficiency. The author also gives their meaning for us to reference. Then the author concisely looks back the history of finance supervision legal system of China , and analyses the current characteristic and deficiency. At last by analyzing the effect of the entry to WTO to the finance and the finance supervision, the author gives some of his own fresh ideas on the reform of finance supervision legal system.Being up against the wave of composite financial management and the finance innovations appear continually, the existing finance supervision legal system of china is facing the big challenge. How to deal with this? That is the keystone of this text .Aiming at the above-mentioned, through the comparison of the main developed countries'experience and lesson, and analyses the current short of China finance supervision legal system, the author advances the new reform clues. As a result, this text has both crucial theoretical and practical applied cost.