Research On Credit Supervision System

The supervision system of credit is the credit industry supervision and management, and the formation of regulatory system framework and regulatory function division. Credit supervision system play the important role in the construction of credit market, credit report play fair competition environment, protect legal rights and interests, realize the fair results of credit transaction and maintaining financial system safety and stability. At present, China’s credit supervision model selection and construction of supervision system problems also difficult to form the consistency view. From the general situation and the legislation of credit supervision system operation to the current situation, there are still exist many defects such as the serious lag of legal system construction, administrative supervision model has not mature, industrial self-discipline system has not been set up and punishment system operating defects. Therefore, we should consider the current credit supervision system again.Choose a mode of credit supervision system for a country, we should first consider the development of the country’s credit reporting system, and it is related the improvement of the legislation of credit reporting closely. Credit reporting regulators not only is the managers of credit industry but also is the facilitator of credit reporting market development, industrial self-discipline should become a part of the system framework. Credit reporting administrative supervision and industrial self-discipline are relatively independent and supplement between each other, credit reporting industry association is the communication’s bridge between the government and the market, assisted the government regulation, and government regulation is beyond the capacity of industry of autonomy system regulation. Speaking of China’s credit reporting industry status and development trend, integrating administrative supervision, the industrial self-discipline as one of the credit supervision model is more appropriate. In the legal system’s framework of credit supervision, regulatory purpose should be based on protecting legal rights and interests of consumer credit, regulating credit bureaus acts, promoting the development of credit market quickly. The content of the credit supervision includes the supervision of market access, the supervision of credit reporting agencies’ acts and credit reporting information safety, and derived the main duties of the credit reporting regulators.