Research On The Criminal Regulation Policy Of Non - Governmental Finance From The Perspective Of Financial Reform

Despite the extremely strict regulation and supervision implemented by the government, the so-called illegal-fund-raising in China has never vanished. On the contrary, it has been developed rapidly ever since the beginning of China’s market-oriented reform and opening up. Today, it is urgent for China to reconstruct its regulation system of informal finance, not only because its great contribution in solving enterprises’fund-raising problems, but also because the scale of it has become so large that the social order could be easily threatened once disputes and fraud occur.But the goal of legalization of informal finance could never be achieved without certain adjustments, even amendments, are made accordingly in Criminal Law. The purpose of this paper is to find, in Criminal Law, what kind of adjustments should be made and how we can make it.After giving a brief summary of the definitions of both informal finance and criminal policy in Chapter I, it overviewed the history of China’s financial market’s reform in Chapter II, as well as analyzing several characteristics of informal-finance-involved disputes. In Chapter III, the paper pointed out that the main problem in criminal regulation is the vague controversial legal status of informal finance and the invalidity in preventing such crimes. And Chapter IV focused on advices such as offering different ways in crime identifications and abolishing death penalty.