Research On The Information Disclosure System Of Personal Finance Products's Commercial Banks

Accompanied by the developing economy,the living standards of our people have been increasing.The financial innovation is also in the form of "juggling".As a new wealth management tool,commercial banks' personal wealth management products have shown a scale of fund-raising.At the same time,commercial banks did not perform their information disclosure exactly and frequently,and financial services disputes between customers and commercial banks frequently,and in academic research,there were not many books specifically designed to research the personal finance product information leakage and relevant legislation intrude bank.There are deficiencies in the absence of third-party supervision,decentralized regulations,and the establishment of a civil liability system.Therefore,in light of the shortcomings in our country,and drawing on the legal regulations of developed countries,we thoroughly discussed the leakage of information obligations to regulate the disclosure obligations of our country's commercial banks' personal wealth management services.Based on the information disclosure system of commercial banks' personal wealth management products,this article first elaborates the related concepts of commercial banks' personal financial products and their systems.Followed by empirical analysis,this paper analyzes and summarizes the shortcomings of commercial banks' personal wealth management product information disclosure and its institutional status.Finally,it proposes legislative proposals for the inadequacy of the status quo.This article adopts empirical analysis method,cross-disciplinary method,normative analysis method,and comparative analysis method.The structure of the article can be divided into five parts.At the beginning of the article,the introduction part points out the background of the topic and the significance of the topic.It explains the reasons for choosing the topic in this paper and describes the current status of the problem.The second part deals with relevant theories.Explain the concepts and types of personal wealth management products and their concepts.In the third part,empirical analysis is used to conduct an empirical investigation.With the help of an investigation of the official website of a commercial bank,the selected sample of banks is investigated from two dimensions and summarized.From the two aspects of the entity and the procedure,it reveals the current inadequacies of the information disclosure of the bank's personal wealth management products and the problems existing in the financial management system,such as lack of effective legal supervision,decentralization of regulations,low level of legislation,and lack of enforceability provisions.In the next part of the article,at the end of the article,for the countermeasures and suggestions,we propose relevant legislative proposals for the current disclosure of personal wealth management product information and the inadequacies of the system listed in the previous research of the article,so as to promote the personal financial products of China's commercial banks.Stability and health development.Through studying the information disclosure system of personal consumer wealth management products,it has important theoretical and practical significance for the effective supervision of China's commercial banks and the healthy development of financial markets.In theory,the protection of relevant stakeholders,improve bank operations,to a certain extent,strengthen its supervision.In practice,commercial banks and customers have serious information asymmetry in their information.Effectively restrict the behavior of commercial bank product issuers and related personnel,strengthen the protection of investors' legitimate rights and interests,strengthen management,and establish a good commercial bank image.Through the statistics of practice data,the current status of information disclosure has many problems and deficiencies.Second,from the perspective of financial law,the disclosure of information on personal wealth management products issued by commercial banks is conducive to providing systematic proposals for the improvement of related systems,and it also has the theoretical significance of making up for the gaps and gaps in existing legal research.In the empirical research,the unsolved contradictions that existed at the present stage were found out,and those suitable for China's local characteristics were summed up,which provided important reference value for commercial banks to disclose information to individual consumers.All in all,only based on practice,the current status of commercial banks' personal financial product information disclosure and legal regulation is identified.Secondly,through the improvement of the legislative hierarchy,third-party supervision mechanisms,and dispute resolution mechanisms,specific problems can be analyzed and problems identified,thereby safeguarding the legitimate rights and interests of customers of wealth management products.