Comparison Study Financial Supervision System

Recently there have been so many financial impacts and crisis in the international financial field. This financial crisis disclosed the problems of financial supervision, which has made all countries attach more importance to financial supervision. Under such circumastsnce, China is undergoing the reform from plan system to socialist market system. With the development of financial reform, many problems have sprung up. China must establish and perfect the financial supervision system in order to solve those problems. By learning from foreign countries, we can establish and better our financial supervision system to assure the fluent development of our economy and finance. Those I have referred are the very background under which I write this article. I drew some inspirations from the retrospection of financial supervision theories. Firstly, it is certain that there are system risk and market inefficiency in financial system, so the government who acts as the public interest should of course assume the duty of financial supervision. Secondly, since there is government inefficiency, there must be perfect financial supervision system, and which should be controlled by laws. In this article, I adopted the method of comparison study. I firstly analyzed the financial supervision status of America, Japan and England, and then I analyzed the financial supervision development and transition of these countries and drew the general theory and regularity of the financial supervision. Based on the comparison, I connect the problems of our financial supervision system and provide the countermeasures according to the development of our social market economy. By analyzing and comparing the financial supervision system of these three countries, and connecting China's status, we can necessarily obtain some benefit.Based on the problems of our financial supervision system, I consult the benefit and experience of other countries, and provide some policy suggestions in order to better our financial supervision system. For example, we should establish functional financial supervision system, found risk prevention system, perfect financial laws system, and accelerate financial reform and increase market constraint and improve human quality.