Our Country Deposit Insurance Legal System Construction

For banking and financial system, the existence of the deposit insurance legal system,protect the interests of depositors, stable depositors confidence in the banking industry, onbank regulation, aid, disposal measures, etc., has important economic significance. Mostcountries have established their financial security to adapt to the deposit insurance legalsystem.With the rapid development of our economy, long-term since the implicit depositinsurance legal system gradually shows disadvantages is not suitable for financial markets,has a negative effect on financial security.Our country to reform the current system of therecessive deposit insurance system, the legal definition, which will become the inevitablechoice for China to maintain the interests of depositors, safeguard financial security, stablesocial order.This article is divided into four chapters. The first chapter elaborates the significance ofthe topic, and the research status at home and abroad, and the innovation of the article.Thesecond chapter theoretical discussion about the deposit insurance system, the systemcharacteristics, objectives and functions, legal basis, and the implicit and explicit twomorphologically different deposit insurance system analysis. The deposit insurance systemplays an important role in the prevention of bank failures, protect deposits play a benefit,stability of the banking system and financial system, as a country’s financial security andbuild a network of protection.The third chapter is the analysis and Research on domestic and foreign deposit insurancesystem. The United States is the first to establish the deposit insurance system of the countriesin the world, in order to adapt to the changing economic environment and financial situation,continue to be improved for the deposit insurance system, making it more perfect, caneffectively play the function of maintaining financial security. Especially in modern Americansubprime crisis, deposit insurance system is not inhibited the occurrence of crisis, but it playsan important role in the reduction in the number of bank failures and economic losses. TheBritish "payment box" model and the German model of deposit insurance system has its own characteristics, are worth our learning.In the early period of the Qing Dynasty, China putforward the idea of "contains deposit insurance five unprofor" system, but has not the depositinsurance system of legal culture. China’s current is a recessive mode of deposit insurancesystem, is by the national credit and national finance for depositors deposit guarantee, theguarantee is only is a deposit of the psychological expectations, is not conducive to thestability of financial security in china.. With the development of international financialintegration, China’s financial will open to the outside world, in the face of more fiercecompetition, establish a deposit insurance system in China is the inevitable choice to maintainfinancial stability.The fourth chapter is on the establishment of deposit insurance legal system in china.From the analysis of the necessity and the establishment of the deposit insurance system inChina, the establishment of a deposit insurance system to have the basic conditions.In view ofChina’s financial environment, problems on the legislative purpose, deposit insuranceinstitutions, functions and authority, insurance and insurance premium rate and put forwardtheir own ideas. The four major state-owned banks either "too big to fail", or the complexproblem of rural credit cooperatives, should be included in the scope of deposit insurancesystem. Since the implementation of the deposit insurance system in the range of whole China,in the execution will have certain difficulty, but our country can rural bank as the depositinsurance system of the pilot, and gradually expand the effective implementation of thenationwide deposit insurance system in operation and research pilot. The banking informationdisclosure system, perfect risk rating system, as well as the bank insolvency legal system isinseparable from the deposit insurance legal system.