Research Of Banking Industry Consumer Right To Know Of China

In recent years, the development of China’s banking industry is quite rapidly, from assets, profitability, and closely with people’s production and living ways, its more consolidation in the dominant position of the financial sector. But with the rapid development of the banking sector and expanding, there are more and more disputes arising out of or in connection with Banks exposed more and more prominent, and consumers are increasingly sharp contradiction, intensified. Disputes arising out of or in connection with a right to know are also increasing, it is related to people’s growing consciousness, but more is highlighted protect consumers’right to know in the banking industry in China has many problems. Investigate its reason basically has:regulation mode and concept behind, legislative level low and imperfect, poor coordination, the existing legislation principle, lack of maneuverability and the relative lack of right infringement relief way, etc. In this paper, based on the actual problem is divided into four parts for banking consumers right to know. The first part of the consumer, consumer financial and banking consumers to basic concept definition, and then points out that the banking consumers’ right to know the meaning of commercial bank based on this, advances the theoretical foundation of the right protection. Including bimodal theory, information asymmetry, moderate protection theory and regulation theory, the concept of people-oriented principle. The second part through to the commercial banking analysis of consumers right to know the specific case of damage, pointed out that the current banking consumers right to know the problems existing in the protection, and analyzes the causes of the problem. The third part analyzes the developed countries such as Britain and America’s financial consumers right to know the practice of protection, by reference to its universality of institutional arrangements, such as perfecting the legal system and the maintenance of consumers rights and interests of the banking institutions, etc. this paper introduces the developed countries to protect consumers’ right to know in China’s banking industry. The fourth part puts forward the principle of consumer right protection in our country. Including basic safeguard principle, safety principle and the principle of honesty and credit, and then from the three aspects of the legal system level, regulation level, the judicial relief level banking consumer right protection Suggestions are put forward.