An Analysis Of The Regulatory Legal System Of China's Rural Capital Mutual Aid Society

While the economy develops greatly and the level of urbanization is improving unceasingly since the reform and opening-up,the rural population still occupy a great proportion.The development of "three rural issues" remains the national policy and the critical restricted factor is capital.In rural areas,which are experiencing the construction of agricultural modernization,rural capital cooperative supplies the gaps of fund needs.With the surge of inclusive financial development,rural capital cooperative rises in response to meet the capital demands and provide financial services especially for the development of "three rural issues".It is a new-type rural cooperative financial organization and a kind of banking financial organization.Rural capital cooperative makes up for the deficiencies of the current rural financial institutions such as rural credit cooperative,rural commercial bank and so on.It can better provide funds for the farmers and agricultural development,enliven rural financial market,and then improve the relative unbalanced capital flows in urban and rural areas.Rural capital cooperative retains the idle fund and improves the lopsided situation between demand and supply.It absorbs the idle money of administrative villages and towns,and provides funds to members who lack of capital by loan,which is beneficial to develop the rural economy and enhance the material standard of living.Meanwhile,it should be noticed that the living environment of rural capital cooperative is rural areas in which it cannot resist high financial risks,comparing to the urban areas.The comprehensive system of operation may avoid some individuals using the rural capital cooperative to seek profits and illegally absorb public deposits.Therefore,it is essential to build the supervision system for the rural capital cooperative and it will be a powerful tool to maintain effective operation and reduce risks.Considering the present situation,establish the legal supervision system and improve the regulatory supervision line with the requirements of current development.The paper applies the empirical research method and comparative analysis to analyze the legal supervision system of rural capital cooperative.It expounds from introduction,main body and conclusion.The main body includes four chapters.The first chapter sketches out the rural capital cooperative and the supervision of rural capital cooperative.One is to introduce the legal definition of rural capital cooperative,explain its features and advantages,as well as,the difference between rural capital cooperative financing behavior and illegal fund-raising.The other is to define the supervision of rural capital cooperative and analyze the necessity of supervising rural capital cooperative in theory and practice.In the second chapter,the author mainly analyzes the current situation and existing problems in the supervision legal system of rural capital cooperative.At first,briefly introduce the development situation of rural capital cooperative in our country and expose problems in the meantime.Then,analyze the main regulatory requirement,Provisional Regulations for Rural Capital Cooperative,to give an overview about the supervision legal system.Introduce the legal basis,supervisor,content and ways.The third chapter combs the operation pattern and supervision pattern of early established rural financial cooperative organizations in foreign countries.Mainly analyze the developmental situations of rural financial cooperative organizations in Germany,Japan and America.And summarize some useful measures which are helpful to improve the legal system of supervision.The analysis and summary in above expose law problems in the legal supervision system of rural capital cooperative and make us look into these deficiencies.This chapter integrates the comparative comprehensive supervision system in foreign developed countries with the subjective circumstances in our country to make some suggestions:1.Improve the legal supervision system of rural capital cooperative;2.Determine the function of supervising subject;3.Bring in government as supervisor;4.Improve way of supervision;5.Add market exit supervision.The conclusion elaborates the importance of rural capital cooperative in the development of rural financial market and rural economy and points out it is indispensable to supervise the rural capital cooperative.Furthermore,it also appeals to more researchers focusing on the legal supervision system of rural capital cooperative.