Study On The Legal Supervisory System Of Rural Mutual Credit Cooperatives

AS a new financial institutions in new situation, the Rural Mutual Credit Cooperatives is the essence of appeared in our country in the sense of cooperation financial or ganizationg,Rural mutual credit cooperatives are certain communnity funds that is in order to adapt to the market economy,winthin between farmers,small and medium-sized enterprises.It is a spontaneous joint of weak ecnomic organization.It plays a major role in broadening the finanacing channels.In our country, the first Rural Mutual Credit Cooperatives is the Baixin Rural Mutual Credit Cooperatives in the county of Lishu in Jilin province, then quickly spread all over the most provinces of our country.In 2007,The China Banking Regulatory Commission promulgated the "provisional regulations of Rural Mutual Credit Cooperatives" the administration of an official attitude acknowledged the formal legal status of the rural mutual cooperatives. The first part, definition and theoretical basis of the rural mutual credit cooperatives, mainly analyzes the connotation of rural mutual credit cooperatives with theoretical basis, from the definition of the rural mutual credit cooperatives with the principle of Rochdale and the principle of Friedrich Wilhelm Raiffeisen, to define and analyzse its theoretical basis. But the policy environment and system basis of development of rural mutual credit cooperatives is not firm,.It has also faced many difficulties, especially in the official how realize effective supervision of especially worthy we pay close attention to healthy development of Rural mutual credit cooperatives under the supervision of China Banking Regulatory Commission.The second part, on rural mutual regulatory status and existing problems. Analyzing the development of rural mutual cooperatives, current situation and existing problems of the existing problems mainly displays in the following aspects:the lack of appropriate regulatory body and corresponding legal system;Mutual cooperatives source of capital limited easy to form the liquidity risk;Rural credit system environment needs further improvement, easy to create credit risk, such as service object and the social environment in credit risk too big;Institutions in small scale, internal control mechanism is not perfect, such as insider control, lack of information disclosed system;Lack of self-discipline organization.At present,Europe,the USA,Japan and other developed countries have completed legal of rules regulating financial organization;for instance, "the federal credit union act ","the financial services modernizationg law" of the USA";"ministry of agriculture cooperationg" of Japan,etc.According to the current situation of Rural Mutual Credit Cooperatives, absorb the development situation of domestic financial reform teaching experience in the developed countries for reference, this paper puts forward the advanced and applicable our country should adopt practices, mainly including:constructing rural mutual cooperatives regulatory system arrangement and legal framework, relax market access restrictions establish security mechanism;Improve the functions of the government sector, on its service ability of preferential interest rate policy inclination;Establish and perfect the internal control system, the perfect to organize the internal;Establish industry self-regulatory organizations, cultivate their cultural philosophy;The rural credit system construction and improve the credit system.