Research On Legal Regulation Of Personal Financing Business In Commercial Bank

Since the reform and opening up, China’s ordinary residents of personal wealth is also growing, and gradually the personal wealth management needs. China’s major commercial banks in this background as an opportunity to carry out the Personal Financial Services. In the21st century, China’s Personal Financial Services presents the characteristics of rapid development.Since2008, after the outbreak of the global financial crisis, the development of capital markets by the great frustration. In recent years, are also affected by the global economic recession, the European debt crisis and other negative factors, the financial markets can be said to be getting worse, China’s stock market is "Bear" tops the world. Personal financial products, investment income and capital market development are closely linked, in recent years, the return on investment of personal wealth management products have also been hit hard, many investors not only did not get the expected return, or even the principal can not be recovered, legal disputes appears flourish concealed issues are also increasingly exposed China’s regulatory authorities will be issued a number of laws and regulations. But we must recognize that the level of legal regulation of personal wealth management products on the commercial banks from developed countries, there is still a level of maturity not a small gap.This Paper relies on the relevant information, the use of a combination of theory and practice, the departure of the general theory of system requirements from commercial banks personal financial business law introduces the basic concepts of Personal Financial Services, the main characteristics and classification, etc.; invest on commercial bank personal wealth management business with the bank’s legal relationship between the inquiry, that the the commissioned legal relationship; analysis of the legal risks inherent in the personal Financial Services mainly include market access and legal risks, the risk of revealing the legal risk, legal risk in marketing as well as sub-industry operates in a legal risk. Explore the need for legal regulation and target personal wealth management business of commercial banks, followed by learning the advanced experience of commercial banks Personal Financial Services, Legal Regulation of the United States, Germany, Australia, Japan and other countries, combined with the legislative situation at home and abroad, problems in China’s commercial banks personal financial business of the legal regulatory system in-depth analysis, and based in China’s basic national conditions and put forward suggestions for improvement of China’s commercial banks personal Financial Services legal regulatory system, not only want to establish a comprehensive external oversight mechanisms, basic legal system of industry self-regulation mechanisms, and internal oversight mechanisms, to further improve the personal Financial Services, the commercial banks, the paper focuses on the value orientation of protection-oriented legislation to establish the interests of customers, to determine the clear market access conditions, to improve the information disclosure system, investment by financial privacy protection system and litigation on behalf of the system to be beneficial to the development of the commercial banks in China personal Financial Services.