Research On Legal Protection Of Financial Privacy Right In China

With the popularity of the Internet, the information explosion era has arrived. Random dissemination of information and privacy have also occurred when people enjoy a high speed, convenient, comfortable life. Different from the traditional sense of privacy is the right of financial privacy has the attribute of personality and property. Property and the personal assets of financial consumers are closely related, it is likely to cause irreparable economic losses when facing violation.At the same time, in the aspect of personality attributes, financial privacy has also developed based on the traditional right to privacy, the traditional right of privacy pays attention to the protection of personal privacy infringement and interference, belong to a kind of real right, that means only in the infringement of privacy can be ask for relief. Relatively speaking, it has negative protection characteristics. While the financial privacy pays more attention to the rights of financial consumers, obligee can decide whether to inform the financial institution of personal financial information in financial transactions, and ask for proving confidential services to personal financial information for financial institutions. That makes the financial privacy has a positive nature, provides a convenient and more broad development space for financial transactions. With the development of mixed operation, financial group have emerged further, it is often seen that personal financial information spread randomly. For financial institutions it will not only stimulate the financial markets continue to snatch personal financial information resources caused by the malignant competition, and even lead to financial market failure, it can be said that this is a far-reaching matter. In the process of financial transactions, any link problems are likely to lead to a wave of financial market turmoil.Therefore, the financial privacy is necessary to distinguish with the traditional right of privacy and provide a special protection, that is not only the inevitable requirement of steady development of financial market of China, but also a feature of the development of international cooperation in financial markets.The paper describes the protection of financial privacy step by step through the five chapters of part of the body, firstly determine the scope of the concept of financial privacy, clear the main object; Secondly, compared to the actual situation of extraterritorial protection of financial privacy and the present stage of our country;Finally in the regulatory and dispute resolution this two respects emphatically put forward some suggestions, hoping to help consumers to maintain personal financial privacy in our country.