Legal Issues of Preventing Financial risks
Wang Jiu-yun
Abstract
Wang Jiu-yun
Abstract
To prevent financial crisis, efforts must be made to first prevent and overcome financial risks. Though there are many causes for financial risks and corresponding countermeasures, it is essential that causes for financial risks be analyzed and legal countermeasures be taken in terms of such aspects as legal consciousness, legislation, law abiding, law enforcement, and investigation of liability, and addressing issues of international financial affairs in order to prevent and reduce financial risks and promote the rapid, healthy, and sustained development of the financial industry in China and the overall national economy.
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To prevent financial crisis, efforts must be made to first prevent and overcome financial risks. Though there are many causes for financial risks and corresponding countermeasures, it is essential that causes for financial risks be analyzed and legal countermeasures be taken in terms of such aspects as legal consciousness, legislation, law abiding, law enforcement, and investigation of liability, and addressing issues of international financial affairs in order to prevent and reduce financial risks and promote the rapid, healthy, and sustained development of the financial industry in China and the overall national economy.
Key concepts: Legislation, Business, Finance, Liability, China, Financial crisis, Enforcement, Order (exchange)