Research On The Legal Issue Related To The Risk Supervision Of Online Banking Of China

Online banking is the product of advanced network technology and financialindustry. It is a convenient, fast and low-cost service operated through network and hasglobal and virtual features, which enables it to provide24-hour financial service forcustomers at any time, anywhere and in any way. Therefore, it gains rapid developmentworldwide. However, under this new situation, degree of risks faced by online bankingwill deepen consequently. Therefore, it is a task of top priority to reinforce study ontheory and policies for risk supervision field of online banking.Apart from introduction and conclusion, this paper mainly composes of thefollowing four parts:The first part reviews online banking risk supervision. This part mainly discussestypes of the risk about online banking, the concept of online banking risk supervision,and then to introduce goals and significance of online banking risk supervision.The second part examines online banking supervision legal system of developedcountries and international organizations. This part takes the United States, Britain,Singapore, the Basel Committee as an example where the technology of online bankingis advanced. through the analysis of online banking risk supervision system abroad andsummarizing the development trend of the developed countries, internationalorganizations, online banking risk supervision system, It gains inspiration for thepurpose of finding out the advanced part and learning from it. And then this will guidethe construction of online banking supervision legal system of China.The third part analyzes status in quo of online banking supervision legalsystem in China. This part states the present situations of the development andsupervision legal system of online banking risk supervision legal system in China. Itparticularly points out and discusses the problems existing in the online bankingsupervision legal systems in China, including inability of supervision mode to meetunsound supervision legal system, the flaw of market access, exit mechanism, unclear division of rights and obligations of both parties of transaction, and so on.The fourth part presents advice on improvement of online banking riskssupervision. This part puts forward suggestions about improvement of online bankingrisks supervision. It analyzes six aspects including supervision principles, supervisionlegal system, market access and exit mechanisms, rights and obligations of both partiesof transaction, supervision mode and international coordination. And it also presentsreasonable proposals.