Research On Financial Institutions Bankruptcy Legal Issues

Finance, as the name suggests is the intermediation of funds, the financialindustry can be said to be the core of modern economy and the lifeblood of all walksof life will be closely associated with their。 The financial sector of the marketeconomy part of the operation itself should follow the laws of the market, theimplementation of the fittest。 Especially in the deepening of China’s economicreforms, the domestic market is about to open to international background, foreignfinancial institutions about to enter into the domestic market, China’s financialindustry, which will have no small impact。Currently a number of financial institutionsoperating in poor condition will inevitably face the fate of being eliminated。Due to the special nature of financial institutions, the bankruptcy or exit from themarket is not like ordinary industries, simple liquidation can be trouble。The debts andliabilities of financial institutions involved once disposed of improperly, will spreadand affect other industries。 But the bankruptcy of financial institutions have notestablished legal system, issues related to the bankruptcy of financial institutions stillrely on the "Bankruptcy Law" to solve, rather different from the general business offinancial institutions, the bankruptcy of its processing must be more careful。 Thisrequires that we must build our country suitable for China’s legal system as soon asthe bankruptcy of financial institutions, on the bankruptcy of financial institutionscarry out detailed provisions。In this paper, a comprehensive analysis of research methods adopted andcomparative analysis，paper is divided into four parts：The first part of the bankruptcyof financial institutions will be described and explained, thus to understand thebankruptcy of financial institutions reasons different from ordinary corporatebankruptcy；The second part of our current legal system of the bankruptcy of financialinstitutions to analyze, pointing out shortcomings and deficiencies in our current legallevel, put forward the necessity and urgency of financial institutions to build Bankruptcy Law； The third part, a comprehensive comparison of foreign financialinstitutions go bankrupt legal system, the characteristics of each system and relatedoperations are described, in order to reveal the direction of China’s financialinstitutions to build Bankruptcy Law；The fourth part, comprehensive our country, forour financial institutions to build Bankruptcy Law make relevant recommendations。...