In modern criminal litigation systems featuring a pursuit of high efficiency,default trial sys- tems have widely been established globally to tackle the tough problems occurred in the criminal trial pro- ceedings caused by the escape of the suspects and defendants.

In order to construct a default trial system in our country,it is necessary to regulate its applying s.

Viewed from the legislation for criminal lawsuits and the judicial practices in China, a trial by default tends to be negated.

In the context of China signing The United Nations Convention against Corruption,to construct the system of criminal trial by default seems to be an undisputed option.

The system of civil trial by default is an important system in civil procedure law.

The open of Chinese banking industry necessarily requires enhancing the prudential supervision on foreign-invested banks.

In response to these challenges, the European Union released Directive 2000/46/EC on the taking up, pursuit of and prudential supervision of the business of electronic money institutions on 18 September of 2000, which has established a comprehensive regulatory framework for the prudential supervision of electronic money institutions.

As a balance between finance service liberalization and the country s financial control, the prudential supervision and regulation of finance ~arises.