The Research On The Legal System Of Financial Regulation In Shanghai Free Trade Zone

September 29,2013 Shanghai Free Trade Zone is established, as the Chinese mainland in the first free trade zone, whose main task is to explore new paths and new patterns of China’s opening to speed up the transformation of government functions and administrative reform, promote the transformation economic growth and optimizing the economic structure. To guard against all kinds of risks while promoting the construction of an international standard of investment and trade facilitation, convenient and efficient regulatory and legal environment norms of free trade test area. FTA test area from innovative financial liberalization measures enacted for the moment, whether it is to expand market access for financial institutions, financial institutions to broaden the business, or to promote capital account convertibility, are more abstract principles, to be further refined. FTA test area financial openness to innovation policy into practice, and to the formation of the country’s financial development can promote new experiences can be replicated, it is necessary to coordinate with the financial regulatory authorities in the financial deregulation, strengthen financial supervision effectively, build prevention aspects of financial risk mechanism for institutional research and reconstruction, the formation of financial support open innovation legal protection.This paper introduces the concept of the legal system of financial supervision and the establishment of free trade zone Shanghai causes and domestic context, analysis of the existing legal regime Shanghai Free Trade Zone, the policy and its implementation rules of financial innovation in the study of Shanghai FTA the regulatory status of the legal basis on financial, compared the Dubai International financial Centre and the Singapore International financial Centre advanced experience in the legal system of financial regulation, drawn inspiration for the construction of Shanghai Free Trade Area of the financial regulatory aspects of the legal system, and then presented Shanghai FTA financial regulatory legal system construction and a number of recommendations to improve the legal aspects.This paper is divided into seven chapters, Chapter Ⅰ is an introduction, literature review describes the background and the topic of this article, starting from the second chapter of the text content of the paper; Chapter Ⅱ provides an overview of the meaning of financial regulation, the implementation of the subject, the principles of necessity and clearly the meaning of the legal system of financial regulation, the objectives and the main content; Shanghai on China’s FTA with the situation set up on Chapter Ⅲ of financial innovation introduced the system, focusing on analysis of the Shanghai Free Trade Zone established domestic background and the main content and objectives established; Chapter Ⅳ analyzes the status of the legal system of financial supervision Trade Area of Shanghai and was established less than a year since the "line 3 will "for Shanghai FTA financial regulatory policies and the introduction of financial innovation policy implementation details, comparison summary, summarized the overall situation in Shanghai FTA financial regulatory law model build. Chapter Ⅴ of the Finance Law DIFC regulatory model of Singapore as an international financial center and a comparative analysis, and highlights which to build China Shanghai FTA beneficial financial regulatory law model systems and practices; Chapter Ⅵ of the foregoing analysis of Shanghai Free Trade Area of the existing financial laws and regulatory model, made a number of specific and feasible recommendations; Chapter Ⅶ as a summary sections of this article, this article discusses the issues and viewpoints summarize it in order to build for the Free Trade Area of Shanghai Financial Supervision Legal System Mode offer suggestions.