Research On Legal Problems Of Bill Discounting

In recent years, China’s commercial banks discounted bills business the momentumsoared development. It is worth noting that notes the rapid development of the market, a lot ofpotential risk, this country many times to implement a tight monetary policy to control thebalance of bill financing, to prevent the excessive growth of loans, regulators require strictcontrol bill business risk, bank bill discounting business also holds a more cautious approach,and even the efferent silver People’s Bank were the direct guidance of the window, to suspenda number of bills discounting business.Currently there is a risk for the bank bill discounting business mostly discussed from thepoint of view of management and finance, fresh from the angle of the legal theory combinedsystem. On the issue of bank notes discounted from legal theory and institutional research,found that the the discounted bills nature characterization is not clear, the legal relationshipbetween the parties to the bill discounting, there is a lot of risk in the Bank review and billdiscounting business operation. In response to these issues, we must first clear the legal natureof the discounted bills for bills trading behavior as a basis for analysis of the legal relationshipbetween the process bills discounting bills parties, combined with the obligations of banks inthe review of the bill discounting process, bill discounting system exist legal issues to make asystematic exposition. This paper argues that the risk for the legal issues currently discountedbills and bills discounting process, on the one hand to improve legislation, to resolve legalconflicts, safeguard the smooth application of the law; another aspect from the Bank of theinternal control system and improve the bank’s internal bill business risk control system...