The essential characteristics of international financial law in international financial law

Hello, the conditions for the formation of the international financial market are as follows, and the political situation is stable. This is the most basic condition for the formation of the international financial market. Free and open economic system.

These include the abolition of foreign exchange controls, a high degree of openness, and the free import and export of funds. A sound financial system, well-developed financial institutions. It includes a sound market-oriented interest rate operation mechanism, a good environment for the development of the financial industry, a property rights foundation for financial integrity, a sound financial legal and regulatory system, and a complete market-oriented financial institutions and organizations.

Surgery. Modern communication facilities and convenient location.

1. The international financial market is characterized by an intangible market. In general, there is no fixed place, and there is also a tangible market. There are many complex institutions (banks and financial institutions) around the world. Operates through modern telecommunications networks. The international financial market can be divided into broad and narrow senses:

The international financial market in a broad sense, also known as the traditional international financial market, refers to the place where various international financial businesses are carried out, including the money market, the capital market, the foreign exchange market, the ** market and the derivatives market.

2. In a narrow sense, the international financial market refers to the financial market that is separated from the domestic financial system of the country where the market is located, and is mainly engaged in overseas transactions of non-residents of the country where the market is located, that is, it is neither controlled by the laws and regulations of the country where the currency is issued, nor controlled by the laws and regulations of the country where the market is located. It is also known as the offshore financial market or the European market. The offshore financial market is an invisible market that only exists in a certain city or region, and does not exist in a fixed trading place.

It is formed by the international trading of local financial institutions and financial assets. The European market is not limited to Europe. Because this type of market is produced in Europe, it is customary.

Extended information: 1. Nature of international financial market: traditional international financial market:

It is engaged in the international credit and international bond business of the currency of the country where the market is located. Transactions take place primarily between residents and non-residents of the country in which the market is located and are subject to the financial laws and regulations of the country in which the market is located**. Offshore Financial Markets:

Its transactions involve all freely convertible currencies.

2. Most transactions are carried out between non-residents of the country where the market is located, and their business activities are not subject to the rules and regulations of the financial system of any country. By duration of financial communication: International Money Market:

It refers to the trading market with a loan period of less than 1 year (including 1 year), or a short-term capital market. International capital market: refers to the issuance of medium and long-term credit or ** with a capital loan term of more than 1 year, or the long-term capital market.

Legal analysis: The principles of financial law include: maintaining the principle of monetary policy; the principle of safe flow benefits; the principle of balance of interests optimization; Principles of effective supervision.

Financial law is a general term for laws that regulate financial relations. The basic principles of financial law refer to the important legal principles and norms that are comprehensive and stable in a certain financial legal system as the guiding ideology, foundation or source of financial legal rules, and are the main line and program that run through a country's financial legal system.

Legal basis: Criminal Law of the People's Republic of China

Article 172:Whoever clearly knows that it is counterfeit currency and the amount is relatively large, is to be sentenced to up to three years imprisonment or short-term detention and/or a fine of between 10,000 and 100,000 RMB; where the amount involved is huge, a sentence of between 3 and 10 years imprisonment and a concurrent fine of between 20,000 and 200,000 RMB is to be given; where the amount is especially huge, the sentence is to be 10 or more years imprisonment and a concurrent fine of between 50,000 and 500,000 RMB or confiscation of property.

Article 173:Whoever alters currency, and the amount is relatively large, is to be sentenced to up to three years imprisonment or short-term detention and/or a fine of between 10,000 and 100,000 RMB; where the amount involved is huge, a sentence of between 3 and 10 years imprisonment and a concurrent fine of between 20,000 and 200,000 RMB is to be given;

The essence of financial law is the general term of law that regulates financial relations. Financial relationships include financial regulatory relationships and financial transaction relationships.

The so-called "financial regulatory relationship" mainly refers to the relationship between the financial authorities and the supervision and management of financial institutions, financial markets, financial products and financial transactions. The so-called "financial transaction relationship" mainly refers to the relationship between financial institutions, between financial institutions and the public, and between the public in various financial markets such as the money market, the first market, the insurance market and the foreign exchange market.

Financial law has the following three characteristics:

1. Systematic.

The traditional business relationship is a "one-to-one" relationship, for example, if a consumer comes to a store to buy something, there is a buyer-seller relationship between them. If this store is closed, consumers will go to another store to buy something. And, when one store closes, another store may be thriving.

However, the relationship between banks and depositors is different. If one bank fails, it can cause unease throughout the banking industry.

2. Macro-control.

Financial law is a law that regulates the relationship between financial transactions and financial supervision, so compared with other commercial laws and civil laws, it has a more obvious macro-control nature. The Financial Law regulates the four major elements of financial relations, namely: market access, business scope, interest rate and exchange rate, and qualification examination.

Since the above-mentioned factors have a direct or indirect impact on the national economy, the role of financial law in regulating and controlling the macroeconomy is more obvious than that of other laws.

3. Efficiency.

It is often said that "time is money" and "it is difficult to buy an inch of time". Both of these sentences associate time with money, and reflect the importance of financial integration and efficiency in the financial industry. Therefore, the law regulating financial relations also requires special attention to the efficiency of financial integration, that is, to pay special attention to the time factor in financial relations.

For example, if a Japanese company owes a debt to a Japanese company and is billed in US dollars, the amount to be paid will vary greatly due to the different exchange rates of the US dollar against the yen at different times.