Legal Issues On Coordination Mechanism Of Financial Supervision

In the initial stage of financial circles development of our country, especially under the relatively close condition of financial market, under the background of fact that the fund between different financial markets circulates the intensity limitedly, the market combine limitedly, the dividing industry can take precautions against the transmission among banking, securities business, insurance of financial risks to supervise to a great extent, for promoting the sound development of financial circles, safeguard the stability of the whole financial system, have played an important role. However, with the development of China's financial circles, this regulatory stem will face the new challenge unavoidably. All these make our country must set up and improve the coordinating mechanism of financial supervision under the regulatory system of dividing into industry, person who divide regulatory system lay foundation of coordinating mechanism our country inevitable system arrange for at present too.In fact, our country carries on beneficial exploration and diligent to the coordinating mechanism improved between every supervision department at present. Because has not taken the lead in department's coordinating every supervision activity of supervising the subject, has lacked the systematic system and arranged, every regulator do things in his own way, reality we will meet some define, supervise responsibility and financial transaction and activity of function while being difficult all the time nearly. So, will inevitablely appear at intersect and gap that supervise objectively. Can unavoidably present the battle of power at the intersect, will unavoidably supervise the vacuum on the gap. Financial risks often break out, increase the cost of supervising, reduce the efficiency supervised. In addition need a set of coordinating mechanisms previously agreed up one specially in tackling the accident and handling the crisis. Even in the course of supervising with marco economic regulation and control at ordinary times, need constant information interchange and consultation, could avoid repetition and vacuum that is supervised, and the contradiction and repeated on the policy. So financial supervision coordinates should be institutionalized, could avoid becoming a mere formality, really play a role in supervising coordination.In a word, financial supervision coordinates, system design is a key; In system design, authoritativeness and effectiveness which pay close attention to the coordinating mechanism of financial supervision are primary. Combine the reality of our country, system design and mode selection of the coordinating mechanism of financial supervision are the temporary lodging herein, this text distinct proposition advises the State Council to set up the financial supervision coordinating mechanism led by the People's Bank of China, and system, concrete exposition lay financial supervision way, content of coordinating mechanism and supervise coordinating mechanism under the frame here in way this comparatively, how coordinate financial supervision of holding company, construct two supervision coordinating mechanism operation mode of aspect, and how establish the system that decision-making mechanism and world that sets up and amplifies financial supervision coordinate, arrange for etc., have effective suggestion. However, because the coordinating mechanism of financial supervision of our country is restricted by the various factors in the course of setting up and developing and influence, expose, happen many question too, so how it sets up to be really effective financial supervision coordinating mechanism, it is still an important subject needing to go on and explore.