Research On The Legal Supervision And Regulation Of Internet Banking

As a modern banking service, internet banking faced with double risk oftraditional banking and Internet banking. Compared with western developedcountries, the internet banking of our country started late，have not formed acomplete system of supervision, still have some problems at the revelent legalsystem. The banking administration departments still have loophole which needfurther perfection.We must try our best to change this situation.As the legal supervision and regulation system of our internet bankingsystem is not perfect, author suggest improve and perfect the system of the internetbanking legal supervision and regulation.Through the establishment of an internetbanking law, form the core legal system of the internet banking legal supervision andregulation,to change the special legislation deficiency situation. Through theimprovement of other revelent legislation, eventually form better legal supervisionand regulation system Just like the internet banking law to be core and the otherlaws and regulations to be supplementary. According to the information sharingmechanism is not unobstructed, propose combine the financial supervision andregulation department functions. Establish a unified financial supervisiondepartment Financial Supervision Committee (FSC), to be responsible for the wholesupervision of the internet banking, also make assumptions for the the powers andworking mechanism of other departments. In addition, at the internet bankingmarket access, propose refine the market access conditions, and make someadjustment for the approval system and report system, form a more powerfulsupervision and regulation of internet banking market access.At the off-sitesupervision, auther suggest specific the measures of off-site supervision andregulation, and make specific provisions on staff training and discipline, provide clearlegal basis and guidelines for off-site supervision, make it better in supervision andregulation. At the set of supervision time, the author suggests that modify theinappropriate legal as soon as possible. Set the time to stricter grade, let regulatorstake measures to prevent further loss immediately, to avoid causing greater loss because of the unreasonable time setting.