The Future Development Tendency of the International Financial Law from the Perspective of Financial Crisis

The global financial crisis triggered by the subprime mortgage crisis in America made a severe impact on the economies of the whole world including China. The paper analyzes the causes of the crisis, pointing out the deficiencies and insufficiency of the international laws today and offering constructive suggestions to its future development. The analysis of the causes of the crisis and the review of the neglects of the international financial laws in the paper are aimed to offer some suggestions to the reform and improvement of the international financial system in the future.