Research On Offshore Financial Regulation Legal System

Offshore finance is the result of financial innovation and a product of financialglobalization and liberalization, in the decades, which slowly become an important patr of theinternational financial.1990s, China began a pilot of the offshore financial, till the21stcentury, with the accession to the WTO and further deepen financial sector opening up, needto build our country’s offshore financial markets to meet the need for economic, health andsustainable development. Due to the characteristics of and loose supervision of the offshorefinancial legal system, offshore financial more likely to lead to financial risks. The globalfinancial crisis strength the supervision of offshore financial and push it to the cusp. For betterdevelopment of China’s offshore ifnancial, we must have a practical and efficient supervisionof the legal system as a safeguard. To perfect the legal system of China’s offshore financialregulation legal system，compared to UK, USA，Japan, Singapore, finally to provide atheoretical basis and reference recommendations to the offshore financial regulation.The ifrst section provides an overview of the offshore financial and its regulatory legalsystem. First to introduce the historical process of development of offshore financial statusand its characteristics, formed from the global understanding of the offshore financial; Second,the analysis of the composition of the offshore financial market, development trend, thepotential risks, as well as offshore financial regulation development status and characteristics;Finally, the speciifc regulations of the offshore financial legal system, aim to grasp andunderstanding of the offshore financial regulation.The second section an overview of the status quo of China’s offshore financial regulationlegal system and the problems. Starting from the occurrence and development of our offshorefinancial, combined with the current development of China’s offshore financial regulationlegal system, the analysis of the problems that may exist in the offshore financial regulationlegal system in China.The third section analyzes the course of development of the offshore ifnancial regulationlegal system in developed countries and summarizes their experiences. Use a comparativeapproach，analyzing the development of offshore financial process in the U.S.，UK, Japan andSingapore; analysis of the successes and failures in the implementation process of their choicein offshore financial regulatory model, as well as the specific regulatory regime for improved China’s offshore ifnancial regulatory system to provide a theoretical basis.The fourth section improves the recommendation of our offshore financial regulatorysystem. From the above three sections, combined with China’s specific conditions, proposedfor the offshore financial market model for China, from the offshore ifnancial market access,regulatory legal system, the offshore financial business regulatory legal system, offshorefinancial tax regulatory legal system and offshore financial risks regulatory legal system.