Legal Regulation Of Offshore Financial Market In China Free Trade Zone

With the establish of free trade area of China,offshore banking business has became an indispensable part of our economic life.Then the State Council issued the overall program of seven new Free Trade Zone in Liaoning,Zhejiang,Henan,Hubei,Chongqing,Sichuan and Shanxi province on March 2017,which listed on April 1.At this point,the construction of China's Free Trade Zone ushered in the 3.0 era.The problem of the legal regulation of the development of offshore financial services also highlights.Offshore banking business can greatly develop the individual geographical advantage of Free Trade Zone,boost the economic development of it and the surrounding area.The strategy of “the Belt and Road” provides a rare opportunity for development for China 's free trade zone offshore financial business.However,the existing offshore financial regulatory legal regulation of China's Free Trade Zone is not perfect,there is room for the creation and improvement of the space and value.This article is in this context,focus on the legal regulation of Offshore Financial Business in China's Free Trade Zone,explore the offshore financial development shortcomings from a certain theoretical height,then put forward the legal advice of legal supervision of offshore financial business in China.This is of great theoretical and practical significance for the healthy and orderly development of Offshore Financial Business in China's Free Trade Zone.This paper uses the method of comparative analysis,regulatory analysis and empirical analysis,analysis and consolidation of existing policies and regulations in China's Free Trade Zone,combined with the relevant foreign legal supervision system,put up with the measures to Improve the Legal Regulation of Offshore Financial Business in China 's Free Trade Zone.The article starts from the current situation of legal regulation of offshore financial business in China's Free Trade Zone,sort out existing policies and regulations,focusing on the lack of legal regulation of Offshore Financial Business.Learn the successful experience from United States,Japan,Britain,Russia and other Offshore Financial supervision.And puts forward corresponding feasible countermeasures to the offshore financial legal regulation of China's Free Trade Zone.In view of the difference of offshore financial business start-up time and thedevelopment stage of China's Free Trade Zone,the corresponding legal regulatory model should also be targeted.Shanghai,The first development Free Trade Zone,Should be to create a financial center standards to regulate and take a limited penetration pattern;Later established trade fairs should be given absolute protection,Take the internal and external separation of the regulatory model.Also,at the macro level,we should develop a unified offshore financial legal norms,accelerate the introduction of supporting system requirements,set up a special offshore financial regulatory agencies,clear the market access system and improve the risk management,from which to ensure that the Offshore Financial Business in the Free Trade Zone achieve healthy development under the legal regulation.