Our Effective Financial Regulatory System Build

Finance is the core of modern economy. Effective financial regulation assures that finance can develop healthily and stably. An effective financial regulation system is the essential condition to make financial regulation be effective. Now the trend of financial regulation system development is from regulation according to trade to integration regulation and the effect of our financial regulation system needs to be improved, so how to construct our effective financial regulation system is an important problem to be studied.This article analyses the problem of how to construct our effective financial regulation system by several aspects as follows:Firstly, it explains that to construct an effective financial regulation system is very essential because finance is frail and has the problem of natural monopoly, outside effect and incomplete and not symmetric information having by frail finance theory and common interest theory. And it explains that to construct an effective financial regulation system is very important by explaining the fact that financial liberalizing promotes enterprises merging and financial globalizing.Secondly, it explains two viewpoints that there is not an only best financial regulation system and a country should choose its financial regulation system according to its own conditions by analyzing British and American financial regulation system and comparing different viewpoints about the two kinds of financial regulation system.Thirdly, according to the conditions of our financial regulation system and the standards of effective financial regulation system this article thinks financial regulation according to trade is our right choice and our financial regulation system performs well and accords with the law of financial regulation system development and our finance development conditions. But there are still some problems in our finance, and it tells us that the effect of our financial regulation system should be enhanced.Fourthly, according to conditions of making financial regulation system effective, there are some restricting factors in our financial regulation system as follows: the goal of financial regulation is not clear; our financial regulation system is not comprehensive; the resources of financial regulation is not enough; the power of financial regulation organizations is not enough; there are problems in financial regulation cost. To construct our effective financial regulation system, we can perfectour financial regulation system by the measures as follows: we make the financial regulation goal be clear and come into double goals; the united regulation committee could be founded to construct the regulation coordination mechanism; a national financial information system could be founded by modern science and technology to enhance exchanging among financial regulation organizations and lower regulation cost; adding the amount of regulation persons and enhancing the quality of regulation persons; perfecting financial regulation laws to enhance the power of financial regulation organizations; enhancing the cooperation with other countries to make finance be stable and prevent financial risks propagating and spreading.