A Research Into The Deposit Insurance Legal System In America And Enlightenment To Our Country

With the gradual opening up of our country’s financial markets, the competition in thefinancial sector will more intense in the future. The risk of bank failures will become increasinglargely. And the bank industry as the core of the financial industry, which have crisis will directlyhurt our country’s economic development. China is a country that the residents have a highsavings rate, so the deposits is a major financial investment way and which is the basis for thesurvival and development of China’s bank industry. Therefore, how to protect the interests ofdepositors and stabilize financial market is an important proposition in our country’s economicdevelopment and reform.Firstly, this article explored the generation and transformation of America’s deposit insurancelegal system, the legal attribute and legal elements, the composition and function of depositinsurance company, the source of the deposit insurance fund, the determination of risk ratesystem, the adjust of insurance quota. Secondly, in the base of comprehensive understanding ofAmerica’s deposit insurance legal system will reach a decision and got experiences. The mostimportant thing is to avoid the ethics risks and adverse selection question. Finally, basing on thereality of economic and legal environment in our country, the author suggests the plan design forChina’s deposit insurance system by learning from America. There must be construction of thelegal environment of our country’s deposit insurance law and empower deposit insuranceinstitutions regulatory functions. According to our country’s economy level and the legalenvironment, the rate risk system and deposit limit rules must be concluded. Based on this,deposit insurance system could come into play in our country.