Research On Regulatory Legal System Of New Rural Financial Institutions

With the deepening of rural financial reform, the new rural financial institutionshas become the most active force in China’s rural financial market, they has playedan important role not only in stimulating rural financial market but also in richingrural financial service system, and they also have made great achievements insupporting the development of agriculture and promoting rural construction.However, the regulatory legal system of these new rural financial institutions has notyet mature, many of the problems exposed in the legal norms, regulatory body,regulatory standards and industry self-regulation have to some extent hindered thecontinued and healthy development of financial institutions, the parties’ request todemand to improve the new rural financial institutions regulatory legal system isincreasing. From the theoretical level, research new rural financial institutionsregulatory legal system helps to enrich the theoretical system of the new-type ruralfinancial system, especially the theory of financial regulatory system, for the crackof binary financial structure is of great significance; From the practical level, thestudy of new rural financial institutions regulatory legal system conducive to build agood financial environment in rural areas, not only to promote the healthydevelopment of rural financial institutions, but also can provide continuous power tostimulate rural economic growth. This paper in-depth financial regulatory theory,put forward suggestions for improvement on the basis of analysis of existingregulatory legal system.In addition to the introduction and conclusion, this paper is divided into fourparts:The first part, summary of new rural financial institutions supervision legalsystem. Firstly, this part introduces the background of new rural financial institutions,and then combing the present development situation of new rural financial institutionsand the agencies of growth trajectory of every institution. And finally，outline thebasic legal system of the village banks, small loan companies and rural credit union funds, provides the empirical background for Mining theory and building system.The second part, theoretical connotation of the regulatory legal system of thenew rural financial institutions. This part bases on the traditional theory of financialregulatory, and combines the particularities of rural financial market and new ruralfinancial institutions at the same time, interprets creatively the theoretical connotationof the regulatory legal system of the new rural financial institutions, elaborated thespecial theoretical basis, values, specific principles and the dual attribute of theregulatory legal system. These contents laid a theoretical foundation for the perfectionof the concrete systems below.The third part, profiling the issues of the new-type rural financial institutionsregulatory legal system. This part focuses on empirical research and put forward fourmajor defects exist in the system on the basis of sorting out the current regulatorylegal system of new rural financial institutions, those are unsound legal norms,confusing system of regulatory agencies, regulatory indicators flaws and lack ofindustry self-regulation. In addition to introducing details the specific performance ofdefects, this part analyzes the source at the same time, leading a right direction for thedevelopment of specific systems.The fourth part, The perfecting of the new rural financial institutions regulatorylegal system. As the focus of the full text, this part tries to based on special regulatorytheory connotation, according to the problem in the third part, putting forward anddemonstrating the "establish and improve the legal norms, clear supervision mainbody system, adjust the regulatory index system and strengthening industryself-discipline" four system consummation Suggestions, especially in the different setof the supervision subject system, and the the classification of the regulatorystandards, fitting the specific cases of three kinds of financial institutions fully,maded a beneficial exploration for the system construction of new rural financialinstitutions.