Research On The Legal Issues Of The Supervision System Of The Virtual Economy In China Under The Open Condition

Along with our gradually internationalized market in the 21 st century is the fictitious market economy, which, as one significant part of the the market, assimilates into the international markets step by step. In the first decade or so of this century, more foreign banks rush in, while more Chinese ones pour out;the proportion of foreign capitals in our stock market raises, and the numbers of the foreign capitals in private equity increases both in independent or joint forms, besides, the number of bonds soars by several times.Since the Great Depression in 2008, the world has blew up a storm of reforming the management system of the fictitious economy, for instance, the United States has published Dodd-Frank Wall Street Reform and Consumer Protection Act, and the United Kingdom has changed the Financial Services Authority?s role as A in its management system. In the age, where economies intertwined more closely and where nations focus on the legislative reforms of their fictitious economy management system, the law of fictitious economy management faces challenges as well as opportunities, which calls for an urgent legislative reform.This thesis starts with an introduction of the opening background to the related definitions and theories of our fictitious economy management system and to analysis of the present situation and the potential challenges in the process of opening up,and finally,to the suggestions brought out after analyzing the experience of America, Australia and the United Kingdom.Legislative reform of China’s virtual economy supervision system can not be achieved overnight, which require the use of step by step stages of legislative reform method; at the same time also need by strengthening absorbed the experience of international legislation, promote the legislation of virtual economy, actively participate in the formulation of the virtual economic regulation rules and strengthen the regulatory mechanism of bilateral and multilateral exchange and measures to solve virtual economic regulators international convergence problem. Reasonable the virtual economic regulation system of the future development trend is to unify the supervision, in the Banking Regulatory Commission, China Securities Regulatory Commission and the China Insurance Regulatory Commission will be on to build a unified virtual economic regulators-- Chinese fictitious economy supervision and Management Committee(hereinafter referred to as: China Virtual prison). Virtual economic market Chinese comprehensive false supervision in China, according to the development of the virtual economy market to develop a unified virtual economic development planning and virtual economy department regulations, policies, according to the relevant behavior of the virtual market economic regulatory standards, collecting the operation status of the virtual economy of the overall information for monitoring and evaluation the overall risk of virtual economy, virtual economy regulation related resources allocation and unified; Chinese false supervision committee, under the stable prudential supervision committee, investment protection committee of the three internal institutions, are responsible for the overall risk of virtual economy, micro behavior and infringement of investor behavior regulation. Unified supervision mode can integrate the existing banking, Securities Regulatory Commission and the China Insurance Regulatory Commission and other virtual economic regulation mechanism of resources, which is related to the relevant authority were re classified, can effectively overcome regulatory vacuum, regulatory repetition, inadequate supervision of international regulatory failure. The people’s Bank of China continues to adjust the virtual economy market through monetary policy. The virtual economic regulation system and pattern, there may be conducive to the development and stability of the virtual economic regulation system.