The Modern Approach to the Reform of International Financial Law System

It is imperative to carry on the international financial law system reform.Based on the reality of globalization of financial market,international financial law will play a greater role in promoting of global economic growth,maintaining its function for fairness as a global mechanism for the international distribution of wealth and regulating the international financial market risks.Given the imbalance of the current pattern of the international monetary system and the disorder of international financial order,it is important to keep the balance between national interests and global public benefits,adhere to international financial liberalism,deepen the field of international financial cooperation,and promote international monetary system and financial legal reform for more active roles in international financial law system reform.