Bank Supervision System

It is self-evident that finance is very important to the development of national economy. But there exists failure of the financial market, so certain measures should be taken to avoid and eliminate these defects, among which the important one is to implement financial regulation, and bank regulation is the core part of financial regulation. The development of the globalization of economy eliminates the financial boundaries, the institution of the blending industry management and the change of the standard and range of international financial regulation bring out the argument of regulation system and structure of each country, furthermore, challenging the traditional division of regulatory commission.With many year's efforts, in present, our country has already primarily formed the bank regulation system with the core of Law of Bank Regulation, Law of People's Bank and Law of Commercial Bank, supported by more than 40 administrative statutes and more than 1000 administrative rules on the organization regulation and business regulation, including provision of procedural and substantive law, all in all having formed relatively mature bank regulation legal system. The content of present main bank regulation of china includes: market access, prudence and market quit regulation.Although law in financial regulation of our country is very strict and comprehensive, there are still a lot of problems in the practice, especially on the design of the market-quit system. We should set up deposit insurance system and perfect our bank bankruptcy law and veritably set up effective bank regulation system, so regulation organization should seriously do research and retrospectively value the present bank regulation system, abandoning obsolete and outdated things, absorbing the advanced experience to perfect bank regulation, We should set up deposit insurance system and perfect our bank bankruptcy law and veritably set up effective bank regulation system and form modern bank regulation legal system consistent with the rules of WTO.