Compulsive accounting information disclosure of listed company is an important aspect of information of security market regulation, and it’s the foundation of realizing the principles of“openness, fairness and honesty”of security market and the basic guarantee of maintenance investor s interests.

Consideration on Perfecting the Information Disclosure System of Commercial Banks in China;

However, there are so many legal problems exist in China s financial field, such as the vagueness of property rights in financial institutions, the unsoundness of the law of financial regulatory system, the lack of corporation between regulatory institutions and the inadequacy of information disclosure system and etc.

Strict and normative information disclosure system is the core to keep the securities market stability,and the focus to consolidate the investor s confidence.

It is significant for information announcing systems of securities market to protect the rights and interests of investors and promote the securities markets development healthily and orderly.