The shaping of the rule of law for local financial regulatory power is not only aimed at ensuring the legal source of local financial regulatory power,but also focusing on the normative effect of the rule of law on the operation of local financial regulatory power to constrain and supervise,which needs to be accomplished with the help of the statutory authority,administrative self-restraint,and rational checks and balances in a coordinated manner.To respond to the practical alienation of the imbalance between the central and local financial supervision powers and responsibilities,the essence of the rule of law for local financial supervision powers is the reciprocal design of local financial supervision powers and responsibilities,which is to complete the balanced treatment of the relationship between the central and local authorities in the subject dimension and the sub-design of the rule-making and supervision and enforcement in the matter dimension by taking the substantial balance of the powers and responsibilities as the kernel.Of course,the practice of the rule of law of local financial supervision should be carried out with the help of local financial supervision rights and responsibilities of the list of management,that is,according to the"right to responsibility"and"responsibility to power"logic to set up the list of powers and responsibilities of the list of different elements,and in the"territorial management"concept under the unified guidance of the completion of the"block rule"and"strip with block"management mode of differentiated design.
local financefinancial supervisionpower constraintsreciprocity of power and responsibilitylist of powers and responsibilities
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