On The Legal Supervision Of Overseas Investment Of Social Security Fund

National Social Security Fund(here in after referred to as NSSF),as the reserve fund of Chinese government,can be invested abroad since the distribution of "Interim Provisions on the Administration of Overseas Investment by the National Social Security Fund"in 2006.In the world financial market, the investment by the NSSF is no longer restricted in the domestic market so that it is more acceptable and profitable. On the contrary, the relevant risk of the investment has become the most important problem to the investors. How to avoid the risk at most is the difficult part to National Social Security Fund and the other government department.On the base of introduction to the principle and the present situation of overseas investment by NSSF, the thesis states the necessity and the risk of the overseas, codes and rules, in order to find out the problem in our risk-controlling system.In the end it makes some legal advises to perfect the present system in China through analyzing the useful experiences of foreign country.In the second chapter, mainly from the market access supervision system, supervision system, portfolio riskrating supervision system, information disclosure system, the risk reserve system, the lowest income system ofoverseas NSSF investment supervision legislation present situation and the existing legal problems.The third chapter draw lessons from the good experience in the overseas NSSF investment legal and regulatory aspectsof the national legislation, summed up the foreign social security fund in the Enlightenment of overseas investment. Finally, to improve the supervision of foreign investment law of social security fund in China, puts forward some suggestions based on the social security fund legal supervision on overseas investment legal advice for overseas investment of social security funds, trying to provide some reference for the smooth progress of the theory of knowledge. To solve these problems, counter-measures and ways mainly,one is to improve the supervision system of market access, the two is to improve the overseas investment of trustee’s duties and obligations, the three is to improve the portfolio supervision system, four is to improve the information disclosure system, the five is to improve the risk reserve system, six is to establish the revisionism system construction, seven the lowest income system, eight is the perfect exit mechanism of overseas investment and management of social security fund of the people.The thesis can make some contributions to the overseas investment by the NSSF.