Legal Issues Research On The Supervision Of The Internet Banking In China

The bank on the net has two conceptions.The first one refers to the vehicle that do not have a physical offices,all of whose business activities through the Internet to complete,and it`s also called the virtual bank,whose opposite one is the entity bank.The second one refers to online banking the entity bank carried out.The bank of complete customer requirements via the Internet,or deal with the customers,and the former accords with principal-agent behavior,and the last one conforms to the contract behavior.So it completely accords with the nature of legal behavior.China now has a lot of banks on the net in the sense of behavior,and the relevant specification also mainly concentrated regulate that one.The context of China's online banking refers to the business of the bank on the net carried out by the commercial Banks.Its connotation is to provide financial services and financial products.It`s core functions is electronic payment.China's online banking has been relatively mature,but it is necessary to moderate supervision of the bank on the net.Therefore,we shall: firstly,clear the purpose,emphasizes the protection of the rights and interests of consumers;secondly,to redefine regulatory object,and set rules to the bank on the net in sense of body;thirdly,optimizing the regulatory framework,and gradually form a reasonable regulatory system;fourthly,improve the system of market access,strengthen the laws and regulations and technical standards.