Author(s)

Wei Li ¹

Affiliation(s)

¹ School of Law, Guangxi Normal University, Guilin, Guangxi, 541000, China

Corresponding Author

Wei Li

ABSTRACT

Under the system of modern market economy, we should have a relatively complete market access system. Increase its liquidity to make the market vibrant. When stipulating the market launch mechanism, the laws of various countries have also made detailed provisions on corporate legal persons. However, there is also a special kind of enterprise, that is, financial institutions. Due to its special status and influence, its market exit will cause the instability of the national financial system and the risk of the interests of the general public. The world's major countries with mature financial markets have made different levels of regulations on the market exit mechanism of financial institutions to save the financial institutions as much as possible and avoid the bankruptcy of financial institutions.

KEYWORDS

Financial institutions, enterprise bankruptcy, pre-bankruptcy proceedings

CITE THIS PAPER

Wei Li, Research on the pre-bankruptcy procedure of financial institutions. Financial Engineering and Risk Management (2023) Vol. 6: 98-107. DOI: http://dx.doi.org/10.23977/ferm.2023.060612.

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