On The Establishment Of Our Modern Financial Regulatory System

Finance, which maintains close links with economy, is the core of modem economy. It has inherent fragility and is a high-risk industry. So it is easy to occur financial risk. .Because the financial risk can destroy the order of economy and even the politics senqusl y, we must supervise it strictly. With the development of economy, the finance will be more active and financial supervision will be more and more important.Financial supervision system is one of the important parts of the financial system. Establishing a complete and effective financial supervision system is the prerequisite to achieve the aim of supervision. How to build such a system is the topic of my thesis. Firstly, I contrast the financial supervision system of our country with that of other countries. Then I try to study how to build our country's financial supervision system that suits our country's condition and the development tendency of international financial industry. Which will advance our country's financial industry.In order to explain how to build our country's modern financial supervision system, first of all, I introduce the history of western countries' financial system. Then I point out the set-up model of financial supervision institutions, the main methods of financial supervision, and the main characteristics of financial supervision system in western countries at present. Thirdly, I conclude the main parts and characteristics of modern financial supervision system. In my opinion, having a scientific financial supervision theory system, an integrated financial supervision law system, a perfect financial supervision organization system, and an effective financial supervision means system is the characteristics of modem financial supervision system. Fourthly, I review the history of our country' financial supervision, conclude the characteristics, the advantage and disadvantage of our country's financial supervision system. Finally, I put forward my opinion on how to set up our country's modern financial supervision SyStem.Firstly, we must establish a good inner and outer environment for the supervision departments. For example, harmonize the supervision departmentswith financial institutions, economy structure, implementation system of monetary policy, and others. In brief, to ensure that the environment of supervision is comfortable. Secondly, we ought to build the preventive system of financial risk. Enhance the financial institutions' ability to resist the risk and the supervision departments' ability to deal with the risk. Thirdly, we should perfect the financial law system, make the management of financial institutions and the supervision of supervision departments are in accordance with law. Finally, we must create conditions for implementing dynamic financial supervision, resolve the problem of lag of supervision. Moreover, under the condition of financial integration, the financial risk will spread from one country to another and effect each other. So we have to strengthen the international intercourse and cooperation with other countries, pay more attention to absorb the successful experience in financial supervision from other countries, and put to use the international integrated criteria.