A Study On The Legal System Of QF Ⅱ Supervision In China

Stock Market under the smooth trend in the world of international securities markets and China’s accession to WTO, the Chinese mainland stock market gradually deepening become an irresistible trend of opening up, but not yet fully liberalized and the stock market is not perfect in the case of capital projects open in mainland China is a big problem faced by the securities regulatory authorities. In this environment, the paper selected QFII system as the object of study with a strong theoretical and practical significance, the text clearly states that the implementation of China’s QFII system is a major change in foreign strategic, from the introduction of foreign direct investment (FDI) to absorb an attempt to international investment securities, but also to promote the reform of the capital account, in order to further open the securities market to accumulate experience. Article taken interdisciplinary research in economics and law, comparative law research methods at home and abroad, from start to introduce the concept of the QFII system, highlighting its theoretical basis, by drawing on the experience of other countries and regions, in order to improve the probing implementation of China’s QFII system.In addition to the introduction and conclusion of this article outside the body is divided into four main parts:The first part is from a theoretical point of view of the QFⅡ system and its regulatory regime, the basic properties of its origins through the QFⅡ system analysis, combined with the QFII system in China nearly ten years of development, China needs to strengthen its supervision of thinking causes and system level problems come QFⅡ China’s legal and regulatory system needs improvement conclusions. And specifically discusses the theoretical sources, natural attributes and relationships QFⅡ system in the body, and from the point of view of the basic theory of economics QFⅡ regulatory regime as a theoretical basis for this article.The second part of the QFII system is a mature international and China Taiwan region are relatively mainland China and introduced the QFⅡ introduction of Korea, India, China Taiwan and mainland China in the background, the regulatory body, the main content of the regulatory and supervisory approach by contrast have and the lack of direction in China and other QFII has completed the implementation of national and regional systems. By analyzing the results and the Enlightenment to China.The third part is the implementation of the QFII system on an active role in China’s stock market and the risks it brings, drawn-depth analysis of the QFII system to carry out a huge role in promoting the market development and internationalization of China’s securities market, but the specific implementation process will bring a lot to the potential risks of China’s securities market, if you can’t discern the efficacy and resolve these risks, not only to the QFII system will be greatly reduced, but also to the Chinese stock market pose a systemic risk. QFII is below the regulatory regime for perfect for bedding.The fourth part is to improve the QFII regulatory regime for the successful implementation of the potential risk to the revelation of the Chinese mainland and the third section presents the second part of the QFII system itself and the Taiwan region of China International, gives sound advice.