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Financial Holding Company And China 's Financial Supervision Mode

Posted on:2017-04-26Degree:MasterType:Thesis
Country:ChinaCandidate:X LiuFull Text:PDF
GTID:2206330488464822Subject:International law
Abstract/Summary:PDF Full Text Request
Mixed worldwide has entered a new stage, the financial holding company’s business in the cross-integration services to improve efficiency and quality, but also the relative split regulatory system is not a small challenge. Economic globalization and financial internationalization has been overwhelming, behind the booming financial sector is also accompanied by many problems. In 2008 the international financial crisis on the global financial system remodeling, financial regulatory reform will be pushed to a new height. States for their own regulatory model has been improved but also on the existing international financial order also issued strong calls for reform.After China joined the World Trade Organization to continuously improve the openness of the financial sector, financial mixed operation in the current China has become a trend, combined with China Everbright Group, a financial holding group and other peace is exacerbated by the emergence of financial mixed development.Mixed financial holding company operating sub-sector to China’s current financial regulatory system brought no small challenge.2013 "money shortage" and the 2015 "crash" of the Chinese economy, especially the financial sector stability caused a huge impact in 2016 occurred "treasure with Vanke dispute" is the people’s memories back to 2004, "Delong event." Priming on Chinese Financial Supervision Mode Select Again.Although Chinese financial holding companies to flourish, but not yet formed a complete system of financial supervision model, coupled with the implementation of sub-sector regulatory system Chinese financial industry, the financial holding company is easy to form systemic risk regulatory delays, combined with the financial holding company with both dispersion risks and reduce operating costs, achieve financial stability and efficiency, and promote the advantages of financial innovation, and has also prone to the risk of infection and related transactions, illegal financial flows and the formation of monopolies in the market caused by unfair competition inferiority. In this paper, the use of comparative law research, analyzes the United States, Britain, Australia and the development of the financial holding company model the current financial regulation, in order to assist regulatory agencies and Functional Regulation suitability analysis, the Chinese financial supervision mode problem. And further integration of China’s national conditions and social events occurred in recent years, from the strengthening of the financial stability functions of the Board, focusing on macro-prudential supervision, accelerate the construction and improvement of financial legal system, to achieve "legal basis" to speed up the regulatory agency to function type type conversion and regulatory point of view to establish and improve financial consumer protection mechanisms departure innovative idea put forward China’s financial regulatory framework, to provide some suggestions for the development direction of Chinese financial holding company.
Keywords/Search Tags:Financial Holding Company, Financial Supervision, Stable, Financial supervision mode selection
PDF Full Text Request
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