Deposit Insurance Legal System And Problems

Deposit Insurance Regime, which plays a dramatically vital role on the protection of depositors and the stabilization of financial order, constitutes one of three pillar of financial safety net. China has long established the implicit guarantee by governments, and so far fails to enact corresponding legal system of deposit system. With the further development of economy and deepening of the reform, problems that how to guarantee the rights of depositors and the stability of financial system emerge as an urgency. Under this circumstance, the enforcement of "Deposit Insurance Act " (hereinafter referred to as "regulation") creates a new era of the establishment of deposit insurance system.This article will be demonstrated as following aspects:1. Demonstrating the fundamental theories of deposit insurance system, including concepts, nature, function and meaning. A well-rounded understanding would be acquired.2. Introduce the deposit insurance legal system in United Sates, Japanese and German. Through the illustration and analysis of the aspects concerning the legislative background, contents and legal evolution in these countries, references and enlightens would be provided.3. Elaborate the legislative background, content, significance and the characteristics of this system in China.4. On the merits of "draft", combined the advanced experience from abroad, list brief comments and improvement suggestions.