ZHOU SUHUA (WOLFSON COLLEGE 2020 - 2021)
“Investment is risky.” This slogan is useless in practice. My friends invested in P2P platforms but suffered a lot with their bankruptcy, from which I realized the law did not provide enough protection for investors by disclosing information and no regulatory authorities regulated P2P, which is innovative but risky, thus leading to the failures. P2P’s vulnerability unlocked my pursuit for financial compliance.
Because of that, I, a postgraduate majoring in commercial law, have been engrossed in more projects on finance. As a Youth Representative in the World Bank’s annual meeting, I attended the seminars on innovative finance, discussing LLSV’s theory with professionals. My opinion that investor protection influences financial market development was confirmed by the speaker, which encouraged me. Intrigued by truth-seeking spirits, I endeavored to study the relations between financial exuberance and investors protection, from which I was amazed by interdisciplinary possibilities. Eventually, I managed to analyze financial cases in economics, which overthrew my conclusion and also prepared me for further study of financial economics.
My experience and China’s reality trigger me to pursue future career of financial lawyer to facilitate fund-raising and protect investors. Nowadays, China’s demands in financing surge, which is accompanied with increasing frauds. However, China regulates the market in such a way: “Close the market in case of thieves within it”, which urgently requires changes. Therefore, I aim at designing innovative financial products, balancing efficiency and compliance, and finally promoting revolution of financial regulations.
Envisioning the future, I aspire to be a commercial lawyer through everlasting dedication in 3 steps to improve China’s financial market. In the first step of career, I plan to help investors identify the potential financial and legal risks, preventing them from being deceived, during which I accumulate skills in practice and gain experience in market, studying cases of advanced financial techniques.
Entering next stage, I focus on devising financing schemes for clients, alleviating the financing difficulties. Faced with the rigid regulations in China, I will utilize my imaginations and rational analysis in financing plans, balancing the potential legal risks and benefits of innovation, to evade the unreasonable restrictions within the bottom line of financial regulation.
The final step is the revolution of financial law. At the moment, “Close the market in case of thieves within it”, which demonstrates China’s logic of financial regulations resulting from backward regulatory techniques. The situation urgently requires changes in the long run. With in-depth understanding of financial market and social influence, my ambition is promoting the financial regulatory revolution via lectures and legislative advice.
Because of that, I, a postgraduate majoring in commercial law, have been engrossed in more projects on finance. As a Youth Representative in the World Bank’s annual meeting, I attended the seminars on innovative finance, discussing LLSV’s theory with professionals. My opinion that investor protection influences financial market development was confirmed by the speaker, which encouraged me. Intrigued by truth-seeking spirits, I endeavored to study the relations between financial exuberance and investors protection, from which I was amazed by interdisciplinary possibilities. Eventually, I managed to analyze financial cases in economics, which overthrew my conclusion and also prepared me for further study of financial economics.
My experience and China’s reality trigger me to pursue future career of financial lawyer to facilitate fund-raising and protect investors. Nowadays, China’s demands in financing surge, which is accompanied with increasing frauds. However, China regulates the market in such a way: “Close the market in case of thieves within it”, which urgently requires changes. Therefore, I aim at designing innovative financial products, balancing efficiency and compliance, and finally promoting revolution of financial regulations.
Envisioning the future, I aspire to be a commercial lawyer through everlasting dedication in 3 steps to improve China’s financial market. In the first step of career, I plan to help investors identify the potential financial and legal risks, preventing them from being deceived, during which I accumulate skills in practice and gain experience in market, studying cases of advanced financial techniques.
Entering next stage, I focus on devising financing schemes for clients, alleviating the financing difficulties. Faced with the rigid regulations in China, I will utilize my imaginations and rational analysis in financing plans, balancing the potential legal risks and benefits of innovation, to evade the unreasonable restrictions within the bottom line of financial regulation.
The final step is the revolution of financial law. At the moment, “Close the market in case of thieves within it”, which demonstrates China’s logic of financial regulations resulting from backward regulatory techniques. The situation urgently requires changes in the long run. With in-depth understanding of financial market and social influence, my ambition is promoting the financial regulatory revolution via lectures and legislative advice.