Legal regulation of foreign-invested financial institutions

Author: Zou Ligang / Zhang Guihong
Publisher:
Publish Date: 2001-11-01
Features: The trend of financial internationalization and globalization continues to develop, and the trend of the global free flow of capital continues to strengthen. The rapid development of international finance has had a significant positive impact on the development of the world economy, trade, and finance. However, on the other hand, the huge risks in the international financial industry often have irable negative effects on the politics and economy of host countries. The regulation of foreign-funded financial institutions remains determined by the characteristics of the financial industry itself, such as the chain reaction of financial institution bankruptcies, and foreign-funded financial institutions have more incentives to evade regulation and regulation faces greater difficulties. Therefore, countries around the world recognize the necessity of taking some measures to strengthen the regulation of foreign-funded financial institutions.