Perfection Of Legal System Of Intermediary Business In Commercial Bank

With the development of economic globalization and the thriving virtual economy, asthe core of the economical field banks can’t meet the needs of the burgeoning economiconly rely on the two traditional services, asset business and ability business. So, as therising star intermediary business is widely favored. But, in our country, commercial banks’intermediary business is in infancy, has many problems to be solved. This article isconstituted by four chapters, about25000words.Chapter One: Summarize the intermediary business of commercial banks. Define theintermediary business from theoretical and legal aspects and introduce the characteristics,it does not use or use little of banks’ own asset, it does not take a risk or take it indirectly,profit mainly comes from commission charge, it has many categories and covers a widescope.Chapter Two: The defects of the legal system of the intermediary business ofcommercial banks. Legislative system problems such as relative legal institution cantcome into an integrate system, rules and regulations cant be harmonious and lackoperability, the legal institution is disjoint with international practice. Relative rules andregulations problems such as information disclosure system is not perfect, separateoperation system hinders the development of the intermediary business and so on.Supervisory control problems such as internal control system and industry self-regulationsystem are not perfect.Chapter Three: Inspirations from the legal system of overseas commercial banks’intermediary. Perfect legal system such as perfect legislative system and mixed operationsystem is propitious to the development of intermediary business. Perfect supervisorysystem offer it protection such as eased supervisory environment, effective internal controlsystem and perfect self-regulation system.Chapter Four: Advices for consummating the legal system of our commercial banks’intermediary business. Consummate the legislative system of commercial banks, consummate rules and regulations to form a integrated legal system, pay attention to theharmony and operability, be consistent with international treaties and Practices.Consummate relative rules and regulations such as consummating information disclosuresystem, encouraging financial freedom and so on. Consummate the supervisory system ofcommercial banks’ intermediary business including internal control system and industryself-regulation system.