U.s. Access To Foreign Banks Regulatory Legal System Research

Supervision of foreign banks includes access supervision, management supervision and withdrawing supervision, access supervision of foreign banks is an important aspect of its regulation, because it can prevent those financial institutions which are weak, with poor credit, not adapt to the development of economic into the country. The United States has established a detailed, comprehensive review standard of foreign banks access supervision, and has been very mature in the access form, access conditions and co-operation supervision with the home country, but there are still a number of shortcomings to be improved. The depth survey on American legal system of foreign banks access supervision is of important theoretical and practical value to review and improve our country's legal system of foreign banks access supervision.This paper is divided into four parts to study the American legal system of foreign banks access supervision.The first part is mainly the overview of American legal system of foreign banks access supervision. Access supervision of foreign banks is the process to supervise and control foreign banks, American access supervision of foreign banks is the legal system with the theoretical foundation of law and economics, diverse characteristics which are like more than second-level, after the development of three main historical stages, the United States has formed a relatively complete legal system of foreign banks access supervision.The second part studies the main contents of American legal system of foreign banks access supervision. The general principles of access supervision evolutes from the principle of unilateral to the principle of reciprocity, the trend of access form is diversification and access conditions is more standardized, the current American sub-loan crisis caused financial regulatory reforms, the future development of foreign banks access supervision will be more stringent.The third part focuses on the co-operation supervision form between the United States and home country. Based on the specificity of foreign banks, it is necessary to coordinate the relationships of home country and the United States for a common access supervision of foreign banks. However, it existing conflict between the United States and the home country on access supervision, this article gives assessment on how to resolve the conflict and strengthen supervision partnerships with the home country.The fourth part is about the enlightenment of American foreign banks access supervision to China's related regulation legal system. China's legal system of foreign banks access supervision is perfect gradually, but there are still many questions about the current legislation, through reference on the legal system of the United States, the article proposed four proposals to perfect our country's access supervision in the legislation and practice.