The Issue Research Of The Protection Of International Financial Consumers’ Right To Know

Right to know of the internet financial consumer is an important right of the internet financial consumer’s interests and rights, which is closely related to the information disclosure system. The information disclosure system is the core of risk management while right to know is the core of healthy development of the internet finance. Because the internet banking has virtual financial, remote, high-risk characteristics, the interests of consumers in the transaction process are highly vulnerable. This directly determines the consumer’s right to know must be effectively protected. And especially for the internet finance, right to know of the internet financial consumer is particularly important. With the rapid development of internet banking, disclosure of important information is particularly important, the financial interests of the internet consumers are increasingly important. As an important right of the internet financial consumer’s rights, the protection of the right to know of the internet financial consumer must be addressed.This article is divided into three parts.The first part is the definition of the internet financial consumer and the right to know. Based on the comparison Internet financial consumers and general internet consumers, concepts of traditional offline financial consumers, Internet financial investors are defined clearly. Therefore, it provides a concept of financial consumers’ right to know. Then through analyzing the characteristics of the internet financial consumers and discussing the theoretical background and importance of right to know, this paper ultimately determine significance of the protection of right to know of the internet financial consumer.The second part is to study the current situation of the protection of financial consumer’s right to know and problems. From present situation analysis which includes the analysis of the legislation, administrative supervision and judicial relief. And then summarizes existing problems:lack of right to know legislation to protect, lack of the right to know administrative regulation and, administrative transactions drawbacks, lack of the judicial relief and lack of specialized protection agencies and so on. Then this paper analyzes those problems from the legislative aspects, administrative aspects, judicial aspects and social aspects. On the basis of analysis of inadequate legislation, this paper points out the shortcomings of "mixed supervision" in our current business operations. Then, from the judicial and social analysis of financial consumer Internet problems, we get conclusion:the difficulty of getting the proof, the difficulty of determining civil compensation standard and so on.The third part is the improvement of right to know of the internet financial consumer. This paper puts forward the corresponding solution measures based on the analysis of the legislation, administrative supervision and judicial relief. Those solution measures can perfect the financial legislation, strengthen the administrative supervision, improve the way of the Internet financial regulation and can strengthen the protection of financial consumer rights. Finally, we get the conclusion that the protection of right to know of the internet financial consumer not only matters the interests of individuals, but also involves the internet financial health innovation by protecting the legitimate interests of financial consumers.