Study Of China's Offshore Financial Market Supervision And The Legal System

The offshore finance is the outcome of the financial liberalism and internationalization, although it only has several dozens years history, the development is swift, it has been the important part of the modern finance, and are playing an important function in the international financial market. The development of the offshore financial market makes it convenient for the balance of accounts of the congenial and international obligation of the international funds; and promoted the development of the international trade and international finance.But simultaneously, there are two sides on every coin. As "the double-edged sword" in one nation's financial market, the offshore finance also exists negative effects. It worsened financial risk, make the financial control difficult. In the 1990's, the international offshore financial market has changed appearing opposite tendency, all countries had widespread understanding of it's negative effect of the offshore finance, so they enlarged the strength of supervisions . The extensively and strong internationalization of the offshore financial market makes it different from the traditional international financial market. This First, the offshore financial market gives more nations such as the currency issue country, the investor's motherland and the money raising motherland rights to supervise the offshore market, and making the offshore financial market more numerous and complicate. Secondly, it makes the supervision over multinational bank especially difficult.Based on the analysis of the offshore financial markets and their special features this paper makes a comprehensive analysis on the legal supervision of offshore financial market; Based on the analysis of our nation's character in our nation's offshore financial market operations, especially on the problem which exists in our nation's legal supervision of offshore financial market, this paper put forward some worthy lawmaking suggestions whose purpose is to perfect our nation's legal supervision of offshore financial market.