Legal And Regulatory Mechanisms. Foreign Banks Withdraw From The Market Study

A lot of famous venture banks and commercial banks are broken in the financial crisis, due to American Sub-prime mortgage loan crisis. As we known, foreign banks become one of the most important parts of the Chinese financial system, after China entering WTO. However, there is almost no supervision for foreign banks, especially in the field of market withdrawal. In this article, I will study some issues about foreign banks market withdrawal with methods of comparative study and the legal interpretation study. On the base of the advanced experience from advanced countries and districts, I will make some suggestions about improving Chinese legal supervision system for foreign bank market withdrawal. This academic essay will be divided into four parts and the main content is as following:The main content of chapter one is about the overview of foreign bank market withdrawal. In this part, I will explain the concepts and types of foreign banks and I also will introduce four different ways of foreign bank market withdrawal. On the foundation of the background knowledge of foreign bank, I will further discuss the positive significance of building foreign bank market withdrawal system, especially in the financial crisis.In the chapter two, I will introduce the legal supervision system for foreign bank market withdrawal in America, Japan and Hong Kong. Based on the comparison, I will point out three aspects of improving Chinese legal supervision system for foreign bank market withdrawal. The three aspects are Legal system of supervision, organization of supervision and related Supporting systems, such as Lender of Last Resort system, Deposit Insurance system and International cooperate supervisionThe main content of chapter three is related with Chinese legal supervision system for foreign bank market withdrawal. In the first part of the chapter, I will review four development stages of foreign banks in China and I also will point out the reason why foreign banks choose to make market withdrawal in China. In addition, I will illustrate the necessary of improving Chinese financial legal supervision system for foreign bank market withdrawal. In the second part of this chapter, I will talk about the weakness of the Existing mechanisms of Chinese financial legal supervision for foreign bank market withdrawal. We should improve the supervision system to prevent the negative effect from the foreign banks bankruptcy.In the last chapter, I will talk about how to improve the Chinese legal supervision system for foreign bank market withdrawal and point out the principles, aim and related laws of the supervision system. And then, I will make some suggestions about improving Chinese legal supervision system for foreign bank market withdrawal with the angles of clearing system, deposit insurance system, lender of last resort system and International Corporation, under special China national conditions and the current complex financial situation.