On the Legislative Perfection of China's Trust Law from the Perspective of the Relation between Trust Law and Trust Industry Law

As one of the four significant financial industries in China, the trust industry is short of the system rules of basic law. This situation leads to respective regulation in the financial market of wealth investment products, which does not provide a full-scale and well-working regulation. In the future legal system of trust, the power border, organization structure, regulation procedure, decision-making rule and liability of the regulation department should be clearly provided. The amendment of the current Trust Law should reduce ambiguous statements to reinforce the operability and enhance the effect of law.