Research And Recommendations Of Deposit Insurance Legal System

Deposit insurance system is a financial security system, which purpose is to protect the legitimate rights and interests of depositors and maintain financial stability order. Refers to a specific set of deposit insurance agency specializing in a country’s financial system, in line with the conditions of the relevant insured financial institutions can apply to join the organization, and then by the insurance agency to pay fees to their deposit insurance agencies, to establish a deposit insurance reserve. When a crisis or even bankruptcy insurance agency in the course of business when the deposit insurance agency is obliged to provide financial assistance to ensure the normal operation of the insurance agencies, thus to safeguard the legitimate rights and interests of the depositors, safeguard the stability of the entire financial system.As one of the three elements of the financial safety net, the establishment of deposit insurance system in a country can effectively protect the interests of depositors and guarantee the normal operation of insured banks. Meanwhile which plays an important role to strengthen public confidence in banks, so the deposit insurance system has a positive meaning in a country’s financial system.It has been existed invisible deposit insurance system in our country, But until now, none of the deposit insurance legal system in real sense has been established in China. Invisible deposit insurance system plays great role in maintaining financial stability, but it always exist many drawbacks. Therefore, How to protect the legitimate interests of public depositors and stabilize the financial system is a important and positive question in China.Under such circumstances, by profound comprehending China’s national conditions and reality,combining within the advanced foreign experience to build up the legal system with Chinese characteristics deposit insurance legal system.This article illustrate by following aspects:The first part is describes the legal basis for the deposit insurance system. By describing the emergence and development of the deposit insurance law tripe, meaning and essence, the legal relationship between goals, the legal system of deposit insurance have a general understanding and grasp.The second part is comparative analysis several representative deposit insurance system in the world, through a comparative study acknowledged the success of the United States and Germany, from the philosophy and system of two levels summed up the experience available for our reference.In part three, through the analysis of invisible deposit insurance system in our country can we realize The necessity and feasibility of the establishment of a deposit insurance system.The last part is to explore the building of deposit insurance system in our country, through analysis and evaluation of the previous introduction of the "legal deposit insurance system"(draft), combined with China’s basic national conditions coupled with the current draw on international experience of our forthcoming dominant deposits insurance system built to explore.