China's Financial Consumer Rights And Interests Protection Legal System Research

After the Financial crisis, the importance of protecting financial consumers’rights have been gradually exposed, Countries around the world included the financial consumer protection into their financial legal system one after another. In China, face the strong position of financial institutions, due to the lack of expertise, financial consumers have always been exposed to the financial market risks, it became an urgent issue which need to be solved by our country under the background of financial crisis. In this article on the basis of summing up the achievements in theoretical research at home and abroad, propose that put the financial consumption into the area of living consumption, so as to give special protection to financial consumers, in additionally, clearly defined the concept and attributes of the financial consumer, and discourse the specific legal regime of the financial consumers protection. Due to the Long-term implement for the financial model of separate operation, and separate supervision, and emphasis on supervision while neglect the financial consumers protection, led to a lack of financial consumers protection, such as lack of legislative concepts and the legal system, limited financial supervision, problems on justice system, the reason can analysis deeply from social and economic. Consider with the actual situation in China, this paper proposed some legislative, regulative and judicial improvements suitable for China, through the researches on financial regulatory reform in America, England and Japan. Specifically, integrate the legal system of financial consumers protection at the legislative level, regulate the financial services institutions’obligations strictly, in additionally, in the practice of integrated management, establish a unified specialized financial consumers protection agency, improve the judicial system of the financial consumers protection, improve the overall financial environment for consumption, to protect financial consumers legitimate rights.