Resolve International Financial Regulation Conflicts under Globalization

Under the condition of globalization, the importance of international financial regulation is self-evident. However, with the deepening of global integration, international financial regulation has been alienated. The interest demands of sovereign states integrated into international financial standards are asymmetric, which may trigger conflicts among sovereign states.Further research into the causes of conflict, mainly due to the lack of transparency and democracy in the stage of international financial legislation.In view of this, on the one hand, public participation can be implemented to strengthen the legitimacy of international financial legislative procedures;on the other hand, we should construct a hierarchical structure of international financial regulation to ensure the legitimacy of international financial legislative process while achieving the balance of power (rights) allocation.