Research On The Legal Supervision Issues Of Microfinance In China

Microfinance practicing in the several decades of development played in the important role is gradually being recognized by governments and the market. However, due to society's understanding of microfinance, there are some errors, The governments, particularly don't get clear ideas in the development of microfinance during the processing, and the misunderstanding of the scope of microfinance and characteristics, that results in which the structure of supervision is not suitable. That affected the healthy of development of microfinance. Firstly, analyzes the significance of the development of microfinance in China. Then introduce the definition of the microfinance and the scope. This paper introduces the typical patterns of more successful microfinance in the other countries, such as the Grameen model and Indonesia model, to make us to study the legal supervision of its main features.The second half of the article is mainly discussed the legal supervision of the microfinance and related issues. First, refines and summarized the international success experience of legal supervision of the microfinance, then analyzes the legal regulation of the status of it. Finally, suggests establishing the suitable legal supervision of China's microfinance.This paper uses the comparative research method, Main innovations are:This paper divides the types exist in China into two parts, non-profit microfinance and commercial microfinance. Through this two kind of microfinance, that suggests we can establish our own supervision framework, also proposed that corresponding basic principles of legal supervision. Finally, on the need, this paper gets some suggestions for the further improvement of the legal supervisions.