The Research On Deposit Insurance System In China

In today's world,with the rapid development of economic globalization,financial security becomes more and more important.In the international market environment,the unstable factors of the world financial market still exist.It is very important to build an effective and stable financial market.At the same time,how to protect the fundamental interests of the obligee is more important.The deposit insurance system is an important category in the financial field and also in a critical position.Every country is looking for a safe and orderly way to develop its financial market.Our country is no exception.In order to regulate financial risks and find a way suitable for the development of China's deposit insurance system,China's deposit insurance regulations came into being at the end of 2015,which is the beginning of financial reform.These regulations play a decisive role in protecting the fundamental interests of investors.It is conducive to regulating the illegal acts of financial institutions and maintaining financial security and stability.We have effectively maintained the independence of the central bank's monetary policy and played a strong role in financial reform.It is also a great progress in the security of deposit insurance in China.The maintenance of financial security mainly includes two parts:first,to maintain a stable financial market order,and more importantly,to maintain the fundamental interests of depositors.The construction of deposit insurance system cannot be delayed.Numerous practical experiences show that if China wants to establish a reasonable and effective deposit insurance system,it must absorb foreign experience and prove it through repeated practice.On this basis,accelerate the construction of China's deposit insurance system.Draw on the successful experience of foreign countries to provide sufficient guarantee for China's deposit insurance.The reform and development of financial institutions also provide favorable conditions for China's financial reform.The United States is the first country to advocate the implementation of institutionalized deposit insurance law.Because of the advanced nature of the United States,the United States has been building an example of deposit insurance system in other countries.In terms of the establishment of the deposit insurance system,South Korea and Japan have made a comprehensive study of their national conditions,and gradually in the process of development.They have many unique features in the construction and implementation of the specific deposit insurance system,which have been designed in detail.Take the deposit insurance legal system of the United States,South Korea and Japan as the model.This article analyzes and combs the commonality and the advanced nature of the Three Kingdoms system,and compares it with the Chinese system,so as to provide perfect suggestions for the establishment of the deposit insurance system in China.This paper is composed of five parts to elaborate the deposit insurance system:The first part is the introduction of the article.Aiming at the related problems of deposit insurance system,it focuses on the theoretical background of this article,and explores its research significance and related literature review.The second part is about the basic theory of this paper,mainly explaining the overview of China's deposit insurance system.It mainly explains the basic concepts,characteristics,attributes and other related basic theories of China's deposit insurance system,as well as the applicable scope of the deposit insurance system and the inevitability of the establishment of the system,and comprehensively discusses the irreplaceable role played by the establishment of the deposit insurance system.For investors,it fully protects their reasonable interests,maintains the market order and promotes the harmonious development of economy.The third part mainly introduces the deposit insurance management system of several foreign countries.In the discussion,the author chooses the United States,South Korea and Japan as the representatives to explore the origin of the establishment of deposit insurance system in three countries.Combined with the reasons behind the establishment of deposit insurance system in other countries and the objective experience accumulated in practice in other countries,this paper analyzes the historical background and objective environment of China,and points out the prominent problems and advantages that should be reflected in the process of establishing deposit insurance system in China.The fourth part is about the current situation of the deposit insurance system in our country and the outstanding problems.First of all,this paper expounds the detailed provisions of the deposit insurance regulations issued in 2015,and then introduces some outstanding problems existing in the current practice,such as imperfect legal system,unclear operation mode,lack of supporting system of deposit insurance system,and yet to form an effective regulatory system.The fifth part puts forward some suggestions to improve the deposit insurance system.First of all,while improving the legal system of deposit insurance,it is necessary to increase the coverage dimension of deposit insurance,expand the collection method of deposit insurance funds,and expand funds from multiple sources.The system of differential premium rate should be implemented.Secondly,in the aspect of changing the insurance management organization,we should build a professional Deposit Insurance Committee in charge of management,strive to improve the function of this organization and determine the division of functions.Third,in the construction of the system of deposit insurance,we should restrict the bankruptcy related issues by law,improve the relevant bankruptcy laws and policies,and make the deposit insurance system and information disclosure system work together.Finally,in the aspect of supervision system,we should establish the early correction mechanism of deposit insurance risk,so as to clarify the function division of financial supervision institutions and make supervision responsibilities more specific.