Research On The Legal System Of Bank Card Clearing Market Access

Bankcard clearing is one of the most important financial activities, which is the three main links in the bank card industry with issuing and acquiring, and is also an important part of successful realization of issuing and acquiring business. As a specialized agency engaging in Bankcard clearing, Bankcard clearing corporations has become an important hub for Bankcard network. China's Bankcard clearing market has just opened,it is need to establish legal supervision system, and the top priority is the legal system of Bankcard clearing corporations' market access.In April 9, 2015 the State Council promulgated the "State Council on the Implementation of Bankcard Clearing Corporations Market Access Management Decision", and the people's Bank of China develop and management “The measures of Bankcard Clearing Corporations(Draft) ” issued on July 1, 2015, which are currently China's regulation of Bankcard clearing corporations specialized in law. On the whole,although the content of these legal provisions are more detailed and workable, but there are some issues both in substantive and procedural rules. Thus, find out and analyze these issues, and perfect them are not only one of the key point of the construction of the legal system of Bankcard clearing, but also the inevitable requirement to regulate Bankcard clearing market and promote the healthy development of the financial market in China.