The article is composed of two parts.The first part analyzes the theoretical basis of financial laws and regulations in the banking industry，which has the substantial and formal aspects.The former aspect includes good law，limitation of power，authority of law，due process，promotion of rights，etc.The latter aspect contains the requirements for construction of rules which refer to universality，transparency，the power of enforcement，systematism.Based on the practice of the supervision of the banking industry，the measures and achievements of the financial laws and regulations in the banking industry are carefully considered and discussed in the second part，and it concludes that the construction of the financial laws and regulations in the banking industry is powerful and effective in promoting the supervision in accordance with law，strengthening knowledge of the rule of law，perfecting the legal system，enhancing the quality of legislation，and improving the me-thods，levels and effectiveness of supervisory enforcement.At the same time，the author points out the problems existing in the developments of the financial laws and regulations and provides the feasible solutions.