Construction Of Commercial Bank Lnsolvency In China A Comparative Perspective

Competition is the eternal theme of market economy, it is very important to establish the commercial bank exiting system. To accelerate the finical reform and secure the economy stability, we need to build a new rule to regulatory the commercial banks. With the rapid development of economy, based on the specific condition of our country, it is a good chance to establish the legal insolvent system. In the construction, the insolvency standard, the deposit insurance system and the model to be chosen is the most important elements.Although our current laws and regulations on the issue of restructuring of commercial banks have been relatively well, but the study of China’s commercial banks bankruptcy has just started, and the specific system and model research is relatively weak. This paper intends to commence commercial banks bankruptcy by discussing specific studies of five parts.In the first part, this paper introduced the objective and significance of the research and review of others and the route of thinking and the main research methods, innovative points also included. In the second part,this paper has discussed the theory of bankruptcy and the special features of the commercial banks,It’s the base of the next part of this article. In the third part, through the analysis of the insolvent approach,this paper introduces the general supervision model of commercial banks, especially American’s insolvent systems. In the fourth part, through the explanation of problems and defaults in our own systems, this paper has discussed the necessity and feasibility of the insolvent system constructions, In the fifth part, based on protecting the interests of depositors, I gained some thoughts and suggestions for related systems and models of commercial banks bankruptcy.we should develop appropriate Internet banking regulatory requirements with the same step as times, as well as the establishment of a deposit insurance system,corresponding to adjust commercial banks bankruptcy. The formulation of appropriate regulations should be followed to protect the interests of depositors,and also insolvency prevention, stable equilibrium and cost minimization principle should be considered.In summary, the paper learns from U.S. commercial banks in bankruptcy law and based on related legislation and judicial practice, making use of bankruptcy law theory, proposed the construction of a commercial bank insolvency system that should be noted that based on related principles and specific systems,afid maybe it is still inadequate, your comment is highly appreciated.