Financial law is the general name of laws regulating financial relations. Financial relationship includes financial supervision relationship and financial transaction relationship. The so-called "financial supervision relationship" mainly refers to the supervision and management relationship between the government financial authorities and 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 money market, securities market, insurance market and foreign exchange market. Under the general name of financial law, laws related to the relationship between financial supervision and financial transactions can be divided into banking law, securities law, futures law, negotiable instrument law, insurance law, foreign exchange management law and other specific categories. Financial trust belongs to the category of financial law, and ordinary and general trusts belong to the category of civil law.

Legal basis:

People's Republic of China (PRC) Commercial Bank Law

Article 1 This Law is formulated for the purpose of protecting the legitimate rights and interests of commercial banks, depositors and other customers, standardizing the behavior of commercial banks, improving the quality of credit assets, strengthening supervision and management, ensuring the steady operation of commercial banks, maintaining financial order and promoting the development of socialist market economy.

Article 2 The term "commercial bank" as mentioned in this Law refers to an enterprise legal person established in accordance with this Law and the Company Law of People's Republic of China (PRC) to absorb public deposits, issue loans and settle accounts.