Study Of Intermediary Business Risk, Regulatory Legal System

The history of Intermediary Business is also the history of development of products, tools and technique innovations on finance and banking. The purpose of early finance innovation was to evade the restriction of economy and risks in finance and enlarge the payoff. Nowadays, global economy is deepening its affection, and competition on in finance market is more and more fierce. Financial disinter mediation emerges in credit and investing market, and interest spread of commercial banks keeps shrink. The traditional stanchions, deposit and loan business, have been strongly affected. Intermediary business is not only an important method now, but also the necessity of survival. So it is key to advance the competitiveness of commercial banks and maintain sustainable development to consummate the intermediary business risk supervision. The fact is, our supervision system and law criterion are far behind the practice, not to mention the mature system and law abroad. Legislation and law executing have been lagged, which localized the development intermediary business and brought it to risk.The reasonable jurisprudence and law system are the answers to intermediary business risk restriction. Lawmaking shouldn't just focus on making up some practical problems, for the law system disadvantages did not only cause law risk. This paper begins with the compare of intermediary business concept with off-balance-sheet business, and setting up a new temporary concept to establish dissertation base. Then come after various risks intermediary business may face, and to use the advanced experience abroad, this paper has introduced the accepted instrument for risk prevention and the different risk supervision system in different era. The analyses on lawmaking, mechanism, points of risk prevention and jurisprudential transforming will give us more supports...