Research On The Differential Legal Issues Of Rural Small And Medium-sized Financial Institutions In China

Rural small and medium-sized financial institutions are rural financial institutions with Chinese characteristics.Since the founding of the country,has experienced several reforms,has always been the financial support for the "three rural" development of the standard-bearer,but its regulatory issues did not cause enough attention.Around the rural small and medium financial institutions focus on corporate governance,business innovation,risk control,market positioning,ownership structure and so on.However,some of the core issues of rural small and medium-sized financial institutions that are more important in reform,development and regulation are not involved.Social justice theory and effective supervision theory requires supervision to reflect the substantive fair and social benefits,so the regulation of differentiated rural small and medium financial institutions have a strong legal basis,differentiated regulatory rules in line with the objectives and values of law.The real needs and rationality of the differential regulation of small and medium-sized financial institutions in rural areas include the particularity of rural financial market,the particularity of rural small and medium-sized financial institutions,and the differences of regional economic conditions.This paper tries to analyze the legal problems of rural small and medium-sized financial institutions from the perspective of differentiation by analyzing the existing effective supervision and regulation,analyzing the origin of differentiated supervision.This paper argues that at present,the supervision objectives of small and medium-sized financial institutions in rural areas are ambiguous,the allocation of regulatory power is unreasonable,the property rights and corporate governance are not standardized,and the unified supervision rules neglect the characteristics and actualities of rural finance.Aiming at the problem of differentiated supervision,this paper puts forward the legal countermeasures to perfect the differential supervision of rural small and medium-sized financial institutions.First,clearly differentiate the regulatory objectives,and secondly,improve the differentiated regulatory rules,including the scientific design of differentiated regulatory indicators and the development of differentiated regulatory approach.Again,the scientific provision of regulatory system,including the improvement of vertical grading supervision to strengthen horizontal coordination and supervision.Finally,improve the system of differentiated supervision and formulation,and formulate special supervision regulations for small and medium-sized financial institutions in rural areas,and legalize the policies of rural small and medium-sized financial institutions.