On Legal Supervision Of Financial Holding Company In China

The tread of the world financial industry is from the separated finance model to mixture finance model. The financial holding company embodied the mixture finance model. It is widespread around the world. China has already existed a large number of financial holding company, nations are also aware that the existence of the financial holding company has its nationality and necessity. However, because the risk management of China's financial holding company reaches a low level; shareholding structure complex; Insider trading, affiliated transactions occur from time to time, What is more important is that China's law lack effectively supervise on the financial holding companies. Therefore, there are a lot of potential risks in China's financial holding companies. To improve the operation of China's financial holding companies the security and efficiency, Strengthening China's financial holding company's legal supervision has no time.Follow the development path of mixture finance model, financial holding company is a natural choice in order to develop China's financial industry. Based on this awareness, how clear the legal nature of the financial holding company, how to analysis legal supervision requirements from its risks. How to improve the internal and external supervision of the financial holding company in order to make its acts be supervised and constrained by law. Which become the main content of this article.There are six chapters: the first chapter is the introduction part. In this part, I Summary elaborates theoretical and practical significance to reach on this subject. The second chapter is a summary of the financial holding company, defining the meaning of the financial holding company, and analysis of its legal nature and type. The third chapter describes the financial holding company status in China's development, Pointing out that the financial holding company is the realistic choice, which China's financial industry transition to Mixed Operation. The fourth chapter analysis internal risk and external risk of our financial holding company, and elaborating on the requirements of supervision systems about these risks. The fifth chapter is the focus of this article. In this part, basing on point out the financial holding company has so many questions, and raises the macro and micro proposal to improve the legal supervision of our financial holding company. Including: establishing a new concept of financial supervision; Speeding up the financial holding company legislation; choosing a suitable supervision approach; strengthening international cooperation on supervision; clearing the market access system and the withdraws from the market system; strengthening the supervision on capital adequacy and affiliated transactions; regulating the corporate governance structure of the financial holding company; setting up the appointments for review system for senior management. Chapter sixth is the conclusion and Prospect of this article.