Research On Legal Regulation Of Folk Credit In China

Folk credit is an important part of China's financial system,but in a long time, Countries, for financial security considerations and concerns of the Folk credit risk, Folk credit has been taken over the control policy. And the academic research on Folk credit in our country started late, it seems also to domestic research should give proper status to Folk credit. In fact, Folk credit should have valid status in doubt. Therefore, comprehensive application of economics, law, and comparative analysis, and presents should be given to Folk credit based on a reasonable location and improve the legal system of Folk credit in China and thus the establishment of appropriate regulatory mechanism. This article is divided into four chapters, each chapter briefly as follows:Chapterâ… is "The general theory of law of Folk credit", That the definition of Folk credit, legal characteristics, Representation, and on both positive and negative aspects of China's economic development role of the general legal issues, made on the Folk credit presentation macro.Chapterâ…¡is "The major legal problems in China's Folk credit", That of our existing borrowing the main legal issues, including legislative deficiencies, the establishment of the main problem loans, the interest rate required under the issue, the security regulatory issues and the issue of Folk credit in the credit area, all of which are urgently needed in China's Folk credit legislation to be regulated.Chapterâ…¢is "Establish and perfect the legal system of Folk credit in China", Mainly for the problems identified in Chapter II, in the reasonable position on the Folk credit to, based on legislation on the built and refined.Chapterâ…£is "Establishing the regulatory mechanism of Folk credit", Is the focus of the article is also on the establishment of Folk credit regulatory mechanism. Chapterâ…£consists of three parts, the first part of the main regulators of Folk credit should be how to establish; second part describes how the principles should be established under the guidance of the establishment of monitoring mechanisms; the third part of the discussion of how to distinguish between different forms of Folk credit to classify supervision and monitoring of specific ways.