Online Banking, Legal Regulation

Internet Banking provides manifold financial service over internet,it offers strong vitality as it comes into being and changes the visage of world banking rapidly in only few years.Internet Banking impacts the global banking strongly,it not only influences the manage stratagem and present pattern of world banking,but also changes the business quomodo and operation pattern of financial framework,at the same time,it brings risk to the bank.Since Internet banking is a bran-new service of the bank and it isn't protected by correlative legislation and supervise stipulate,a series of legal problems come forth in the course of expansion of Internet Banking.The birth of E-banking changed the way of our life and our thought,and challenged the present law of our traditional social system. Even though《The Management of Internet Banking》,《E-signature Law》,《The Management of E-banking》come into use and do its work in distinguishing the legal responsibility about business of on-line banking,they need further instauration and supplement. Internationalization and globality of the Internet makes internationalization of business of the bank and concerned law.Instantaneous,spatial,open,electronic,dummy features of Internet Banking determined its legal character.New risk is analysised based on experience from foreign bank and concerned rules of Basel committee.The essay consulted the experience which came from foreign banks and analysis the legal problems which presented in the business of bank.According to concerned legal statute of our country and put forward some elementary legal design.Systemic and embedded research on legal problems about business of on-line banking can help us master the developing rules and solve the relevant legislation and judicature problems in due course,so as to create the good legal circumstance for the development of on-line banking.All in all,the rise of the Internet Banking impacted traditional commercial bank consumingly.The banking of our country shouldn't drop behind the time,we should develop on-line banking consumedly.At the same time,legislation organization and executive authority should make efforts to insure the development of on-line banking.