Japan's Financial Supervision System Reform And Its Implication To Our Country

Ever since the 80th of the last century, problems induced by the Stalemate of Financial Supervision System in Japan have been popping out in an even faster way than ever. As for the incompatibility between Financial Supervision Mode and the Macro-Economy Environment in Japan, the financial crisis broke out eventually. The failure of Ministry of Finance Japan put end to the traditional Financial Supervision System. After 20 years' revolution, a brand new Financial Supervision System was gradually formed in Japan, which was cored by Financial Services Agency, cooperated by Central Bank and Deposit Insurance Corporation and assisted by local financial bureau. Positive effects have been turning up ever since.As to our country, so many problems concerning financial supervision have been brought up since the entry into WTO, thus it is the key point to our financial reforming process to rectify our present supervision system, to strengthen the cooperation between agencies and to elevate the level of supervision.Based on the evolution procedure of Japanese Financial Supervision System, this dissertation summarizes the new financial problems that come up and tries to give possible resolutions to them. A future mode for financial supervision is deemed existing which could be relied on as healthy and effective. And that would give valuable advices to the reform of financial supervision system of our nation.Chapter 1 introduces the background of this research and the past route of the relative research both in domestic and abroad.Chapter 2 draws the theoretical outline of financial supervision, including the necessity, the modes, goals and contents of financial supervision, which lay solid foundation for the whole research following up.Chapter 3 to 5 divides the whole reform procedure of Japanese Financial supervision System into 3 phases and analyzes the supervision means and effects in each phase respectively. Positive influences are affirmed at the same time when the systematical frauds keep coming up. It is a bold step forward to discuss in-depth reasons why financial supervision system converts, what kind of problems it tries to give possible solutions to and why it has made it or not.Chapter 6 and 7 gives general ideas what kind of financial supervision modes would be beneficial for a nation who is undertaking a great economic revolution, after we have seen the panorama of Japanese Financial Supervision Reform Procedure. All these researches are made to give helpful clues on how to better reinforce our financial supervision system and to seek an appropriate way our financial reform would be carried out based on the current situation of our nation.