Given to the dramatically development of financial conglomerate&globalization, the financial market in China has become no concealment in this revolution. In this case, how to stifle the risks in the start by using the system of the lender of last resort reasonably would play a quite important part in our financial network security maintenance. However, the legislation of this field is still a little weak in China at present, and abusing as well, they would severely restrict the effect for the lender of last resort to reduce financial risks and prevent systemic risk. Therefore, based on the related practices in China, this paper made a conclusion on the main points of the lender of last resort system, and the deficiencies in the legislation&actual practice. Besides, a deeper discussion had been raised as well according to the experiences abroad. |