Study On The Firewall System Of Financial Holding Company

Firewall system is of prominent practical significance to the development of financial holding company. It can control intra-group transactions and resolve conflicts of interest. Firewall system is widely applied in foreign countries and Taiwan related legislation of financial holding company. For our country whose financial holding company is still in beginning stage, this system can provide us with some useful experience. This article firstly introduces and analyzes the meaning, function and main contents of financial holding company's firewall system; then introduces and appraises financial holding company's firewall system of the United States, Japan and Taiwan; at last, the writer tries to find out the firewall system which fits for financial holding company in our country. Besides preface and conclusion, this article is divided into three parts:Chapter 1: Summary of Financial Holding Company's Firewall System. This chapter introduces the meaning, characters, function and main contents of financial holding company's firewall system, and then discusses the necessity of financial holding company's firewall system.Chapter 2: Introduce and Appraise Financial Holding Company's Firewall System of Foreign Country and Taiwan. This chapter mainly introduces and appraises financial holding company's firewall system of the United States, Japan and Taiwan.Chapter 3: Design Financial Holding Company's Firewall System of China. This chapter introduces present condition of financial holding company and its related law of China; then the writer puts forward some design opinion about concrete contents of financial holding company's firewall system in our country.