Improvement Of Risk Supervision Legal System Of The Interest Rate Marketization

Interest rate marketization is the important content of financial reform and open,Our country take progressive interest rate marketization reform mode.Up to now,deposit interest rate marketization become the final clearance of interest rate marketization.In the process of marketization of interest rate exist management risk, monopoly risk, credit risk, social risk and so on,supervision for the risk of interest rate marketization is the need of countries improve macroeconomic regulation and control function,guide the orderly financial industry competition,security and benign development of financial institutions,Protect financial consumers.However,our risk supervision legal system of interest rate marketization is not yet perfect,Specific performance are lack of supervision law,supervision subject undefined and backward in the way of supervision.From the foreign interest rate marketization process,mainly can be divided into the progressive reform mode and radical reform of Latin America mode.The United States and Japan finally succeeded in the implementation of the interest rate marketization,While the reform of the Latin American countries ended in failure.The main successful experience of interest rate liberalization must be established sufficient legal protection system, according to the situation change gradually improve the system of risk supervision,and pay attention to the protection of financial institutions and financial consumers.Lesson of failure must be the reform is the mature financial markets and the lack of effective risk supervision legal system.These successful experiences and failure lessons are the important reference of China’s marketization of interest rate risk supervision legal system.Therefore, improvement of our risk supervision legal system interest rate marketization, in draw lessons from foreign successful experience and failure lesson, should follow the principle of supervision according to law, the principle of moderate regulation and efficient regulatory principles, should set up the risk supervision new way of concept, clear supervision subject,reform the way of supervision, to ensure the smooth operation of the interest rate marketization.