Research Into The Legal Issues About Financial Products Of Commercial Banks

At present, little law is used to supervise financial products in commercial banks in China. Now more and more legal issues exist in financial market with the expansion of the scale of financial products and the innovation of financial products in commercial banks. The causes to these issues were analyzed in detail in this article. Meanwhile, these issues were studied, analyzed and demonstrated with the combination of theory research and sample analysis, and the legal relationships were defined accbrding to the types of financial products, and the suggests were produced to solve the problems mentioned above, and which were put forward being helpful to the development of financial products. In addition, following argument was produced in this article, that is individual trusts is allowed to carry out in banks to avoid some issues about financial products.Introduction, text and conclusion comprised this article and five parts were included in text.The overview of business financial products was expressed in the first part. In this chapter, the concept and type of financial products were introduced, and different legal relationships exist in different financial product types, which lay the foundation for further study about financial products.In the second part, the legal relationship based on financial products was analyzed, especially for the controversial, non-guaranteed and fluctuation income financial products. And that the relationship between banks and investors was commission on financial products was proposed in this chapter.Legal issues exist financial products in China were analyzed in the third part. In this chapter, the contradictions among laws and regulations about financial products, and the legal problems on standardization of financial products were described, and the reasons to these problems were summarized.In the fourth part, the suggests to solve following problems were proposed, such as legal relationship is unclear among financial products, defects in product design, risk have not been warned, and so on.How to further improve the legal relationship among financial products was described in the fifth part.