Legal Regulation On Supervisory Model Of Financial Holding Companies

The trend of integrated financial operation is nowadays being overwhelming as the financial is freeing, internationalizing and grouping throughout the world. Undoubtedly, traditional supervisory ways are confronted with many kinds of challenges while financial holding companies (FHC) become the main mean of integrated financial operation, which means that the current supervisory model should be perfected urgently. Recently, FHC is still in the ascendant, while its supervision doesn't keep pace correspondingly, and relative theoretical study is not deep enough either. Study on supervisory model of FHC has dual significance. Theoretically, it would make some kind of complement and perfection to existed theories, which can promote new much more appropriate principles; Practically, only the establishment of effective supervisory model fit for our special situation could consummate our legal regulation of finance.Firstly, this paper begins with the basic law problems existed in the supervisory model of FHC, during which I explain the definition and types of FHC and analyze the evolving process of FHC in some developed counties such as America and British, etc. Meanwhile, I mainly narrate relative theories and make clear that the supervisory model of HFC can be cross subjects, which means that we should integrate finances, public administration and other subjects together with law.Secondly, I elaborate on the different management models and supervisory models of FHC in American and British respectively in the second chapter. Also, I make detail comparison between them on the basis of legal regulation. Finally, I conclude the experiences we should learn in the establishment of our supervisory model based on the above-mentioned analysis.In the third chapter I summarize the four types in our country in accordance with the history and current condition of HFC in China. And make it clear that the pure holing companies are the proper choice for us through analyzing the advantages and disadvantages of the four types of FHC.I account for the evolving of the financial supervision in China, through which we can see that it is inevitable. what's more, through analyzing the current legal regulation of FHC in China and combining the case of Delong group, the forth chapter sums up the existed problems in the supervisory model of FHC in China, and tries to find out its legal reasons.Finally, I confirm the principles in establishing supervisory model of FHC in China and discuss many possible models on the basis of the prior four chapters' analysis and China's current condition. And in this part I also put forward measures to our perfect the supervisory model of FHC.