Financial Regulation In The United States, Britain And Japan And Learn

The entrance of WTO brings severe challenges not only to the main body of the market,but also to the financial supervision activities. In light that being a newborn market economy, China has the advantage of learning from the developed market-economy countries, the author compares the history and the present of financial supervision in America, England and Japan to draw lessons and experiences.There are three chapters. The first chapter compares the aim, basis, system, content and method of financial supervision, basing on the brief outline of the history and the present of financial supervision in the three countries. It also concludes two developing trend in the three countries: deregulation and unanimity.The second chapter first gives a brief comment on the history and the status quo of financial supervision in China, and then analyzes the drawbacks according to the five prerequisites of effective financial supervision presented by Basel Agreement.Basing on the foregoing chapters, the last chapter gives advices to perfect financial supervision in China, and as to the new situations of entering WTO, the author points out four issues which we need to pay special attention: mixing of the lines, financial innovations, financial supervision of foreign financial institutes and international cooperation.