2012•Journal of Qiqihar UniversityRequires access

Research on Legal System of Financial Consumer Protection in China

Ping Song

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Abstract

The outbreak of the financial crisis makes people begin to concern about the problem of financial consumer protection.Financial regulation is divided into two parts: macro and micro.The ultimate goal of the micro-prudential supervision is protecting the legitimate rights and interests of financial consumers.In order to protect the legitimate rights and interests of financial consumers better,China should draw on the experience of other countries,define the meaning of financial consumer,clear the basic legitimate rights and interests of financial consumers and improve our legal system of financial consumer protection.

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What this paper is about

The outbreak of the financial crisis makes people begin to concern about the problem of financial consumer protection.Financial regulation is divided into two parts: macro and micro.The ultimate goal of the micro-prudential supervision is protecting the legitimate rights and interests of financial consumers.In order to protect the legitimate rights and interests of financial consumers better,China should draw on the experience of other countries,define the meaning of financial consumer,clear the basic legitimate rights and interests of financial consumers and improve our legal system of financial consumer protection.

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Available abstract

The outbreak of the financial crisis makes people begin to concern about the problem of financial consumer protection.Financial regulation is divided into two parts: macro and micro.The ultimate goal of the micro-prudential supervision is protecting the legitimate rights and interests of financial consumers.In order to protect the legitimate rights and interests of financial consumers better,China should draw on the experience of other countries,define the meaning of financial consumer,clear the basic legitimate rights and interests of financial consumers and improve our legal system of financial consumer protection.

Key concepts: Consumer protection, Business, China, Financial regulation, Finance, Order (exchange), Consumer Bill of Rights, Financial crisis

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