Capital Market System Of Legal And Financial Regulation - The Perspective Of Comparative Law

2007, world financial system was shock by financial crisis. In order to cope with financial risk, a sound financial supervision system suddenly remains to be a global concern.Nowadays, integrated operation becomes a trend. Some countries keep improving legislation for financial and capital markets so as to establish a legal system on a financial products oriented basis. Great Britain, Germany, Japan, Korea are good representatives in this trendThis article take the financial regulation of foresaid countries as major subject and contains three sections.This first section explores the common points in integrated capital market law by comparing different legislation in Great Britain, Germany, Japan and Korea.The second section elaborate on the history of financial regulation system for China and points out the problems in its operation.The last section bring up the suggestion to improve the effectiveness of the regulation of our country.