Research On The Legal Issues Of Private Banking Supervision In China

Finance is the core of modem economy, private banking is one of the most top-end financial services in the business of banks and other financial institutions, it has a significant impact on social and economic life, and plays a very important role in the national economy. The private banking business in foreign development for hundreds of years of history, it is the interactional bank core business and an important source of profit growth. In China, along with our country economy continue to stable and healthy development, the number of rich people also are increasing in recently years, it brings the development opportunity and broad space for the private banking business. Only relying on effective banking supervision, and giving full play to the role of banking supervision can ensure the stability of the private banking market. Therefore, in order to play its proper role, the private banking supervision must be placed under the framework of the law.Development of private banks, and encountered multiple levels of legal, moral, social and other issues. Such as coordinating the strict supervision of the regulatory authorities, the legal sector and the lack of legislation related to the inability of financial institutions, authority in the field of foreign exchange, money-laundering, and other restrictions on foreign investment, domestic conservative financial environment and so on. Seven years as a development of financial innovation business, government regulation of private banks with delays. Since 2007,all commercial banks in the government, the official standard as the core of China's land, groping new wealth management model of Western budding. At the policy and social levels, in the face of a lack of legal and regulatory issues, not only affects the conduct of domestic private banks, competitiveness of Chinese commercial banks and in-depth reform of China's financial markets and led to continued private banking risks accumulation, seriously affecting the interests of customers.In addition to the introduction and conclusion, the text of the initial decision text frame is divided into four parts. The first part is the basic concept of private banks, private banks on the basic theory introduces a clear and unique private banking regulators analyze the legal status of private banks and private banks in the law's definition of the problem. The second part focuses on legal issues concerning the existence of private banking supervision, analyzes the main problems in the development of private banking law and regulation. The third part is the private banking experience outside the legal regulation introduced. The current regulatory model and method of legal regulation of the international community leading private banks in the countries (USA, Switzerland) and private banks have been more mature, provide a good reference for the country's legal supervision. The fourth part is the legal regulation of private banking advice. This section is based on research section above proposed legal regulation of private banking advice and supervision of banks established ideas, hope to provide a new perspective for the construction of private banking legal and regulatory regime.