A Study On The Interest Of Inform Finance

Inform Finance is the necessary product when social economy develops to a certainstage.It is inevitable outcome of accumulation of corporate and personal wealth.And it isnecessary when formal finance can not satisfy social demand effectively.Its existing apply tosocial and economic development level,structure of financial system.And it has competitiveadvantages which formal finance have not.Informal finance is rewarding and necessarysupplement of formal finance.To some extent,it remit financial difficulty of medium-sized andsmall enterprises and agriculture.It develop adaptive capacity of economy.It fill up thefinancing gap which is outcome of formal finance.But at the same time,informal finance isstealth trading,and is lacking of supervision.Its legal status is uncertainty.Monitoring andcontrolling it is difficult.It provoke illegal financing,money laundering and so on easily.So itis urgent to make rules and laws to guide informal finance.The validity of informal finance is related to the interest of informal finance.The degreeof opening and protection of informal finance lies on the regulation of the interest of informalfinance.Regulation the interest of informal finance is good for guiding informalfinance,promoting informal finance develop healthy and orderly.And regulation the interest ofinformal finance is good for monitoring financial risk,maintaining financial stability,guidingfund flow of capital.So,regulation of the interest of informal finance is significant.The thesis consists of five parts. The first part expounds the characters of the interest ofinformal finance and the necessary of regulating the interest of informal finance,and definesthe meaning of informal finance.The thesis argues the rationality of the existing of informalfinance,and present the diversity of influencing factor of informal finance. The second part ofthe thesis analyzes current situation of regulating the interest of informal finance in China,andpoints out the shortages of the law regulating the interest of informal finance.Forexample,regulation concept is backward,the clauses of the statue which regulating the interestof informal finance are disordered.The third part initially analyzes legal systems to regulatethe interest of informal finance in different countries.The regulations of the interest ofinformal finance are not static.They are ranging from the economic structure of society.Theforth part proposes some feasible approaches to the melioration of China’s legal system toregulate the interest of informal finance.Namely,it is necessary to admit the rationality of informal finance,cancel the limit of "fourfold interests",rediscover usury, completeaccessory institution and so on.