On China 's Legal Supervision System For Market Access To Foreign Banks

More and more research data shows that the globalization of financial markets will lead to international financial shocks, showing a early days and such covert late outbreak of trends. The domestic and international financial institutions to come in and go out of the game among the investment and financing tools are becoming increasingly update change, international financial markets and the stability of the first two state that becomes closely related. "Butterfly effect"of financial institutions and financial instruments will become increasingly apparent, once the "financial hurricane" human centuries of accumulated wealth will also appear wiped out, gone. One point of view, today’s financial risk almost non-existent border problems in the event of no country can be spared, the risk is extremely alarming speed extension. From 2008 to the current financial crisis on Wall Street are the image of the crisis illustrates the problem. In addition, convenient and well-developed international transport communications technology, allowing a variety of remote economy has become possible, the economy will become the first generation of economic and financial. Financial innovation is inseparable from the major banks,investment banks economic elites great care, but it is constant innovation make financing more and more simple, while allowing the flow of cross-border capital becomes smooth and subtle, these vessels transporting a large number of international financial the capital, also under water international financial stability posed a huge threat.