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Legal Analysis On Regulating The Right Of Commercial Bank Charge

Posted on:2014-01-21Degree:MasterType:Thesis
Country:ChinaCandidate:J B ZhangFull Text:PDF
GTID:2256330401461794Subject:Law
Abstract/Summary:PDF Full Text Request
The right of commercial bank service charge is the result of development of market economy. Commercial banks provide the currency business to financial consumers, at the same time according to the offering and the competitive market it charge for the service to cover costs, this is an important measure for commercial banks to deepen financial reform and improve the level of service. But the exercise of any rights can not be unlimited, unlimited rights tend to be abused. Legal regulation of charge right in china is not perfect. The current law is unreasonable. The new "commercial bank service price management approach" will be issued on the occasion, this paper suggests: firstly, establish the perfect legal system. Supervise and control the pricing of commercial banks under the law. What’s more, it is important to improve the financial consumer protection law and regulate the services of banks from the angle of financial consumer protection. Secondly, laws and regulations need to amend. The former is mainly to provide the law basis for the regulation of commercial bank service charges; the latter is mainly to regulate the right of commercial bank service charges practically. So in order to regulate the right of commercial bank service, we not only have to perfect the system, but also to promote in practice."Interim Measures" of service price management has been carried out for ten years, in these ten years, with development of financial market, personalized needs of financial consumers are also increasing, in order to adapt to the rapid development of the financial services market, hoping that the relevant departments issued "commercial bank service price management approach" as soon as possible. At the same time, improve the financial consumer legal protection and make sure vulnerable groups obtain the basic financial services. In addition, the financial regulatory departments should joint banking self-disciplinary organizations Banking Association vigorously popularize basic knowledge relate to bank service charges, strengthen financial consumer awareness of self-protection; let them know how to protect their legitimate rights and interests. The relevant laws enforce authorities to prosecute the illegal fees, and make the appropriate sanctions, to ensure that the pricing is reasonable.
Keywords/Search Tags:Right of Service Charge, Commercial Bank, Pricing Mechanism, Financial Consumer
PDF Full Text Request
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