American Financial Supervision Reform And Its Implication To Our Country

The finance is the nerve center of the modern economy,and the bank is the principle axis of the fiancial industry,so strengthening of finance supervision and managing is a important content to national macroeconomic regulation and control.The existing most complicated financial supervision system in American where financial sector is booming is referenced by many other countries in various extents. This pattern promote minimum effect of interfere from government,maximum effect of competence,free trade and capital flow and have strong capability and flexibility to give impetus to economy growth and resist on crisis.However,with the development of financial innovation and transmission of risk among financial sectors,more and more problems erupted in the financial supervision system,which aroused different suggestions from all sectors.The direct cause of the Paulson plan emergence is the subprime mortgage crisis which also make people rethink current practices of financial regulation and disclose the shortcomings in the system.In March 2008,American Treasury Secretary Henry Paulson detailed a plan to radically change the way government regulates the financial system.The plan sparked praise and criticism from a wide range of politicians and financial experts.and,it will have deeply influence about American financial regulation and banking operation if it has.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 American Finabcial 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.This paper is composed of five chapters: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 supevision,Which lay solid foundation for the whole research following up.Chapter 3 is mainly about the development of the financial supervision system in the USA.Hereby,make analysis on the adjustment of conception of American financial supervision system,changing of the methodology and revolution of the pattern.Chapter4 introduce the main question presently which the Blueprint for a Modernized Financial Regulatory Structure,analyzed the adjustment of financial supervision idea and the change of financiai supervision means and the reform of financial supervision mode during their transition from financial separated operation to financial integrated operation.Chapter5 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 American 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.