A Study On Credit Card Risk Legal Control Mechanism

As a new consumer credit business, credit cards brought huge profits are gradually being valued by the commercial banks. Big banks issuing the "enclosure" while ignoring the enormous potential of its underlying risks.2007 Wall Street's financial turmoil caused by the global financial crisis, from one side of the law reflects the original credit card monitoring system also needs perfection. China is in the credit system and credit consumption of the early stages of development, but also from 2007, the global financial crisis and lessons learned. Credit risk on the European experience of legal control, while absorbing more need to transform the use of reasonable and ultimately a perfect condition of our country's credit risks of the monitoring system.In this paper, the banking sector as the main perspective of credit risk averse, so different from the former division of credit risk in the form of credit risk will be divided into external risks and internal risks.This paper uses theory and empirical analysis of party combination, through the legislative status of our credit card defect analysis, The relative maturity of the credit reference developed legal system, on China's credit risk monitoring mechanism to be perfect. Risk domestic and international credit card from the risk of starting point and the avoidance measures, analysis and research. Major banks issuing process for risk control and credit control system, improve focus areas and other hot spots expressed their views and perspectives.In view of the credit system needs improvement, credit card monitoring the need to strengthen the reality of the situation. Students are made to establish a unified standard credit card, credit card to strengthen the monitoring mechanism, strictly regulate the relevant business processes and ultimately, a state credit management system and other reasonable suggestions. And made a number of unique perspectives to the development of China's credit card business credit system and even contribute our humble establishment.