Deposit Insurance Legal System

Deposit insurance system has become a new focus in recent study of finance and law circle in China, but from the view of comparative law, it is a matured legal institution with a long history. In this thesis, theoretical and practical problems concerned are explored thoroughly by comparative analysis.In recent years, with the establishment of market-oriented economy, the promotion of finance reform and the growth of competition system in China, some financial institutions went badly and became insolvent. Owing to the defect of legal regulations and the lack of deposit insurance system, the interests of depositors have been damaged seriously, which has imperiled the stability of finance system. So, it has become urgent to build deposit insurance system in China.The peculiarity of bank business determines its inherent high risk, and impels the birth of deposit insurance system. Meanwhile, from the view of department law, the appearance of deposit insurance system witnesses the transformation of legal rationale from "individual orientation" to "society orientation". Deposit insurance system has been taking very important role in financial system, which had managed to protect depositors' rights and ensure the stability of financial system. But, because of its inherent defects, it has been criticized frequently. Perfecting itself on the basis of criticism, deposit insurance system has come into being a development trend across the world.Represented by American model, modern deposit insurance system varies in many detail respects in different counties, for their various national conditions. In China, to establish deposit insurance system, we must combine international experience with our national conditions. According to finance reform in China, deposit insurance system should be given a clear location, and carried out gradually.