The Legal System Innovation Of Foreign Countries Cooperative Finance And Its Enlightenment For China From The Perspective Of Achieving Sustainable Development Of Cooperative Finance

The cooperative finance movement emerged in Europe of the 19th century,it is an non-commercial financial institutions,and it work on mitigating financial repression,building a diversified financial services subject,fighting poverty and achieving inclusive financial system.The sustainable development of cooperative finance need to maintain the sustainability of cooperative financial services supply and build the modern financial system of reasonable structure,close convergence,healthy competition,provide more scientific direction of the guidelines of the worldwide cooperative financial movement.Since the 1970s,the financial deregulation and the financial globalization make the sustainable development of cooperative finance facing new opportunities,this is also the reason why foreign countries cooperative finance legal system should be innovation.In terms of the development process of the foreign countries cooperative finance legal system,its traditional system and the concept of sustainable development make the contradictions,part of the long history,with a strong cooperative characteristic of the traditional legal system is not suitable for modern financial markets,becoming the fundamental obstacle to the sustainable development of cooperative finance:First,the development of foreign countries cooperative finance is facing serious capital constraints,should make the legal system Innovation for remission the capital constraints,and build a sustainable capital supplement mechanism and capital base;Second,in the governance structure of foreign countries cooperative finance,the democratic autonomy of members and the efficient decision-making make the contradictions,should make the legal system Innovation for improve the governance structure;Third,the regulatory framework of foreign countries cooperative finance does not match its organizational characteristics,it should make the legal system innovation for a proportionality regulatory framework.Governance structure needs to integrate into the concept and spirit of modern corporate governance,regulatory framework also need to implement the advanced concept of proportionality regulation.This article focuses on the above research object,from the perspective of achieving sustainable development of cooperative finance,and the concept and practice,path and effect,experience and teaching of the legal system innovation in foreign countries cooperative finance have been studied and discussed,use the normative analysis,value analysis,comparative analysis,also draw lessons from the international cooperative finance model,the relevant standard framework and the advanced experience of the regional unified legislation,to summarizes the important experiences and characteristics of the legal system innovation of foreign countries cooperative finance,combined with the development of Chinese cooperative finance,for achieving sustainable development of Chinese cooperative finance,put forward the useful ideas and suggestions.