Trend Of Mixed Firewall System In China's Financial Industry Research

With the development of world mixed financial business, the theory of financial firewalls rises and emerges in the law of developed countries such as USA and Japan.During the financial deregulation in China, the law under the separate financial system is changed and there are many financial share holding corporations. The tendency of mixed financial business emerges in China. Facing the risk of mixed business, there are institutional absence of Chinese financial law. In order to salve this problem, this paper suggests building firewalls to fix the institutional absence.This paper integrating theory with financial practice rises the experience which can be used by our country. In our firewalls system, there are seven suggestions raised by the way of logic analysis, such as market income, fund, business activities, information, the ratio of capital sufficiency, market management and market exit. There is a model to explain that the confinement of financial firewalls will be reduced in the future. This has been proved in American financial development. To guard against abusing the firewalls, the exceptions principle should be built.The new ideas in this paper is that on the base of our financial actuality, raise the way and scheme of our financial firewalls system, and then rises the policy suggestion.