Research On Foreign Ownership Laws Of The Regulation Of Commercial Banks

After several rounds of negotiations, Royal Bank of Scotland, UBS and the Asian Development Bank invested the Bank of China $ 3,675 million; Temasek and Bank of America invested $ 5,466 million to the China Construction Bank; Asian banks such as Citibank and HSBC invested joint-stock Bank of Communications, China Everbright Bank, Minsheng Bank,2.6 billion U.S. dollars and so on. A large number of offshore funds into financial institutions, domestic commercial banks to add capital and improve the capital adequacy ratio, improved corporate governance structure, foreign capital operation has been expanded. But, overseas financial institutions make significant inroads into the market after China's commercial banks, using its advanced financial management experience and global strategic vision, the use of China's capital market was sluggish opportunity to actively "sing the air," China's banking industry, in the lock-up period after These strategic investors in a rising stock price doubled, has sold its shares held by commercial banks in China, and ultimately a lower cost and risk to get huge book profits, loss of state assets led to effects caused by this phenomenon widespread attention.Accession to the WTO decade, China's economy has developed rapidly and made remarkable achievements. China's commercial banks in terms of foreign ownership, whether regulatory legislation or the introduction of foreign ownership of commercial banks in China after the internal control system and risk management, there is a perfect place. China's financial markets to maintain order and ensure the safe operation of the national financial system, the author of China's current foreign ownership of commercial banks in the regulatory status of the law than with the United States, Japan and South Korea advanced and specific legislation to regulate the system of building (such as holding proportion of shares of the examination and approval system, anti-monopoly review system, etc.) the experience and lessons learned, summed up China's commercial banks in foreign ownership legislation, the country's financial markets to focus on long-term sustainable development, need to establish first priority to the strengthening of supervision development of a secondary location and in a safe place under the framework of development to ensure national economic security. At the same time, I believe that foreign ownership of commercial banks in the market access and regulation, examination and approval system should pay attention to improve and refine foreign shareholding system, and strengthen cooperation with foreign home country (region) of contact and communication between regulatory authorities in order to achieve resource sharing information to achieve effective supervision.