Laws Of Construction Of China's Offshore Financial Center Building

Offshore finance is the product of both the global economic integration and the liberalization of the further development. In the course of building the offshore finance center, China should gradually establish a reasonably structured offshore financial legal system, based onthe current situation of China’s offshore financial marketand the relevant practice of laws and regulations. The system mainly consists of Offshore Financial Exchange Act and Offshore Financial Regulation Law. The former includes foreign currency regulation, interest rate mechanism, tax system, bank operating system. The latter includes the selection of management model, the set of the contents on supervision and special regulator and so on. On this basis, China could formulate unified Offshore Financial Law.Part one:Summary of Offshore Finance and LawMainly introduces the formation and characteristics of offshore finance, discusses the basic contents of offshore finance, points out that it includes two parts, namelyOffshore Financial Exchange Act and Offshore Financial Regulation Law.Part two:Foreign and international offshore financial law and regulatory system.First introduces the offshore financial law of England and America, then mainly discusses the regulation on offshore finance by the Basle Committee.Part three:Legal thinking on China’s constructing the offshore finance center.On the bases of clarifying the current situation of China’s offshore finance, with China’s advantages of building the offshore finance center, referring to the shortcomings of the offshore financial legal system, explores the legal system on construction of offshore finance center in China. The system mainly consists of two parts, i.e.Offshore Financial Exchange Act and Offshore Financial Regulation Law.