Research On Personal Financial Services Supervision Of Chinese Commercial Bank

The opening up and gradually maturing of financial markets enhanced people’s needs of finance. As residents’surplus assets increased,they have no time and technology to management surplus wealth,so Personal Financial Services appears. As one of main business of modern commercial banks, Personal Financial Services, the effect it made to the entire financial system become more and more important, which relates to the stability and security of the entire financial system. Effective supervision has a very important significance to the further development and innovation of the personal finance business of commercial banks.This paper aims to study the effective supervision path of the Commercial Bank Personal Financial Services. Through the in-depth analysis of the development course and regulatory status of the personal finance business of commercial banks and compare with in some countries in the West, inadequate supervision has been identified, the reason of inadequate supervision has been analysied and the improvements advice of inadequate supervision has been supplied. The main content of this paper is as follows:Firstly, the essay made the analysis of the regulatory status and development stage of Personal Financial Services. Through the compare with the development course and regulatory status of the personal finance business of commercial banks and compare with in some countries in the West,learn from the development process and the experience of the U.S. Personal Financial Services regulatory regime, combined with China’s national conditions, make the analysis of the lack of supervision.Secondly, Explore the basic path to achieve effective supervision of the Commercial Bank of Personal Financial Services. Make the analysis of significant legal risk and.innovative business risks of the personal finance business, reveal the special nature of the risk and its special structure to find effective improvement path including the supervision of the illegal funding of institutions reveals the problem of inadequate risk prompts and other violations of relevant laws and regulations of the problem.Thirdly, this part clearly defined commercial bank regulatory goals of the Personal Financial Services and propose that the establishment of an effective regulatory system needs comprehensive reinforce industry self-regulation, government regulation, internal supervision department supervision.ALL financial innovation in line with market requirements and laws and regulatory that won’t lead to too much risk should receive the support and advocacy, This part included protection and innovation.The study of the effective supervision of the personal finance business of commercial banks has a long way to go, which is a very important and challenging issue. Structure and risk of personal financial products increasingly complex and diverse, rapid product development and unpredictable economic and financial situation is an urgent need for timely adjustment of the regulatory approach to improve the supervision of the legal system in order to achieve the goal of effective supervision.