Research On Legal Issues Of Financial Consumer Privacy Protection

In the era of information sharing,data driven economy has become an important business model,and formed the data flow in the peak period of information,the rapid development of economy of the data to the data information from the page and the Internet technology and combination of financial services in improving the efficiency of the service at the same time also makes the value of financial consumer privacy increasingly clear that the current financial consumer privacy infringement case,serious impact on the development of financial institutions themselves and the limits of power of financial consumers to maintain their own privacy,in view of this,this article on financial privacy related concepts and related regulatory mechanism of financial institutions themselves,This paper analyzes the actual status quo of financial institutions,especially the banking industry,in protecting the right of privacy of financial consumers in China,analyzes the different judgment methods of specific cases,and makes a comparative analysis of the relevant feasible measures to protect the right of privacy of financial consumers.At the same time,combined with the actual state of legislation in the related field,at present our country’s relevant laws and regulations are incomplete system,legislation is relatively abstract and fragmented,and not enough efforts in supervising the financial institutions themselves also led to the financial consumer privacy can not get enough attention,these problems can lead to China’s financial consumer privacy has not been fully guaranteed.Financial consumers and financial institutions for financial privacy disputes abounds in practice,based on the three listed financial consumer privacy infringement judgment as an example,through the comparison and analysis,certificate,and the debate of the three cases in practice,summed up the financial consumer privacy infringement on the problems existing in the judicial practice.Combined with China’s current regulations and academic theory according to current situation of financial consumer privacy legal protection in our country put forward the perfect Suggestions:first,should the financial privacy protection to perfect relevant existing legislation,when necessary,a special consumer financial services act,secondly,the need to further perfect the financial consumer privacy infringement responsibility mechanism,we should strengthen the financial consumers about their sensitivity and control of financial privacy,finally,enlightened net financial consumer channels to solve the financial consumer complaint channel adjustment.Through the above measures,we hope to further promote the construction of the protection system of financial consumers’ right to privacy and promote the protection of financial consumers’ right to privacy and the healthy and rapid development of the financial industry in China.