Study On The Construction Of Deposit Insurance System Of China

Along with the rapid economic development in the world today, the financial crisis is becoming a product of it in a high-profile development environment. We pay more and more attention to the world’s financial security in the development of economic globalization wave. China also has strengthen the financial security these days. In the international arena, the prudential supervision of financial regulatory authorities, the central bank’s lender of last resort and deposit insurance system are considered to be three important lines of defense, which are recognized to protect the world financial security. Today, in China, prudential supervision, the financial regulatory authorities, such as the central bank’s lender of last resort, which is internationally recognized as the financial security perimeter has been effectively implemented. However, the practice of foreign countries has proved that the deposit insurance system plays an important role to maintain financial security and economy stability, and it has experienced many financial crises of the test these years. In China, we lack of the deposit insurance system to secure economy stability nowadays. There are many uncertainties in Chian, the deposit insurance system should constructed before the crisis. The first section discusses the basic content of the deposit insurance system, including the concept of deposit insurance system, the legal nature of the subject of security, the main body of the deposit insurance system to the insurability of the deposit insurance system. The second part analyzes the basic theory of the deposit insurance system, including the background and development status of the deposit insurance system, the basic types of system theory, foreign deposit insurance system. The third part discusses the deposit insurance system in the United States as the representative of developed countries and India of developing country. Seeing from the views of the market and economic development in the forth section, the deposit insurance system is needed. China’s legislative environment and real-name system are benefit to the establishment of the system. The fifth part will construct the future of the deposit insurance system, including the settings for the purpose of the deposit insurance system, deposit insurance agencies set, the definition of the functions of the Deposit Insurance Corporation, the use of the deposit insurance fund. In the development of market economy environment, only the establishment of effective deposit insurance legal system can effectively prevent the risk of the banking system, and to maintain the financial stability.