A Study On Market Access Rules Of China For Foreign Banks

According to the commitments to World Trade Organization, China will open its banking market to foreign banks. Although some achievements have been reached on the market access system for foreign banks, there still are many problems about marker access rules in Chinese banking laws. On the basis of some developed countries’banking acts and regulations of authorities, WTO’s legal documents, Basle’s guidelines and principles and Chinese banking acts, the dissertation deals with the important issues and countermeasures of foreign bank market access system in China, including legislation structure, scope of business, specific rules of establishment and business license, and supervisory issues. The study shall be completed through the methods of economy, jurisprudence, and comparative study, and the case study of some legal documents for market access in banking sector still is the fundamental method. The dissertation is divided into four chapters. Chapter1introduces the meaning of market access in banking sector, the necessity and principles of regulating market access. Chapter2introduces some rules and spirits on the foreign bank market access system of WTO and Basle Commission. This chapter also analyzes the market access rules of banking acts in the United States and EU. Chaper3focuses on the foreign bank market access system in China, the author analyzes the basic issues and limitations of market access rules in Chinese banking law system. Chapter4explores some solutions attempting to perfect the market access rules over foreign banks.