A Research On Financial Supervisory System In China

Recently, along with the swift development of the world economics, competitions between the financial institutions are increasingly more and more intensely. In order to get an advance place in the competition, most financial institutions enlarge their domain of the operation, which leads to the increasingly illegibility between different departments in financial industry, and also make the huge financial group and transnational financial institutions emerge unceasingly. The management pattern of"financial supermarket"becomes the development direction of the financial organizations gradually. It has brought the huge challenge to these countries'financial supervisory government, which also becomes a stern test to the traditional financial supervisory system. As the heart of the modern economy, the finance industry plays a pivotal role in the national economy and in the economics development of world. So the stableness of financial system becomes one of basic premises of the national economic system security, stableness and harmonization. And the construction and consummation of financial supervisory system has become an intrinsic request towards the financial system stableness. In the market economy, the choice of financial supervisory system lies on the historical condition of one country such as politics, economy, humanities, finance, legislation, and the choice will reform and develop along with reformation and development of finance in one country.In 1997, the Britain established the general financial supervisory organizations━━Financial Service Administration (FSA), which operates the...