Supervision Of Foreign Banks In China Legal System

The supervision and regulation legal system of foreign banks is an important part of Chinese bank supervision law. With China's entry into WTO, foreign banks flowed in and they had some motive effects on our economy absolutely, but also had negative effects on some aspects, such as carrying out China's monetary policy, the balance of international revenue and expenditure and avoiding financial risks, and so on. To resolve the financial risks, it is necessary to supervise foreign banks prudently and effectively. The above actions can efficiently guarantee and advance sustainable, healthy and safe development of Chinese banking. So, how to better foreign banks supervision and regulation legal system during the last year of transition after banking operations as soon as possible becomes a subject with great theoretic and practical significance. And this must be based on learning the international practice about financial supervision and other country's legal system and associate with the realities of our country.This article aims at exploring and researching the supervision and regulation legal system of foreign banks systematically. Firstly, the article elaborated the notion and fundamental feature of foreign banks supervision, reviewed the development of foreign banks, discussed the necessity and principal of foreign banks supervision on the basis of generalizing the questions caused by the development of foreign banks. And then this dissertation comparisoned many countries' rules about foreign banks supervision, meanwhile, it introduced our country's rules about foreign banks supervision briefly. The article generalized the actuality of our country's foreign banks supervision mainly: foreign banks supervisor is dull, the supervision legal system of foreign banks is not complete, and the system is short of cooperation between our country and other countries' supervisor. At last, the author mentioned a conception of how to enforce the supervision and regulation legal system of foreign banks for our country: above all, we should definite the supervision aim and principal...