Commercial Bank Finance and Consumer Protection

Abstract

This topic comes from the events that occurred around the author, so author conducted a detailed study of the problem and made some suggestions. There are many domestic commercial banks have launched many wealth management products to meet consumer financial needs, but financial management also brings lots of financial and economic trouble. Financial consumers include both individuals and professional investors, but the law should treat different types of consumers and different types of financial management services differently. The second part is the problem of commercial bank's financial management on consumer rights. This part of the problem includes the existing practical problems and legal issues. Finally, it analyzes the deep-seated reasons for such problems. The third part is the policy suggestion. Based on the research of foreign developed countries on the protection of consumer rights in commercial banks' wealth management market, the author puts forward three policy recommendations based on the actual situation in China.