Supervision Of Financial Derivatives And Reference Our Legislation

For this happened in early 2007, began in the United States and gradually evolved into a global financial crisis, we had a lot of lessons to learn. As the financial supervision of derivatives is concerned, there were many areas worthy of reflection. The economic prosperity of the United States in the period gave birth to this "the most serious crisis since the end of World War II ", while China had maintained a relatively stable and healthy banking system. The reasons here were numerous, complex and difficult to be summed up in one sentence.Although the financial derivatives was not a direct incentive to the financial turmoil, but it had played a role in adding fuel to the flames. This article examined the causes of the financial market risks and the regulation of financial derivatives and had made a unique analysis of the root causes. On the international front, the major developed countries'contemporary modes of regulation of financial derivatives market, the frameworks, institutions function are compared; On the domestic front, China's financial derivatives market on the development of the status quo, and related problems, as well as the systematic analysis of the regulatory laws were Systematically analyzed. According to the actual situation in China, as well as the current international financial supervision and the development trend of China's financial derivatives market monitoring system, I made recommendations as follows: to establish a rational layout supervision, highlighting the Commission's supervision of financial derivatives in a dominant position; balance supervision and the status of the regulatory function; strengthen the over-the-counter self-regulation of the financial derivatives market. Finally, financial innovation, the credit system, financial institutions, internal control system, information disclosure, as well as the future "Futures Law" and other aspects of the introduction of legislative proposals were put forward.