The Development And Practice Of Capital Regulaton System Of Securities Company Of China

At present, to deepen regulatory reform for securities companies bycapital regulation is of a positive and realistic significance for promoting thehealthy development of Chinese securities and capital markets, andenhancing the support of the capital markets on the real economy. From thisstarting point, this paper presents an in-depth study on the practice anddevelopment of the Chinese securities company’s capital regulatory system,using standard research methods.The paper consists of four chapters. The first two chapters focus on thetheory and practice of comparative studies, providing a theoretical basis andoverall background for the whole paper. Chapter I gives a brief analysis ofthe theory of capital regulation, to lay the theoretical foundation for the paper.Chapter II does a comparative study of global capital regulatory practices of different areas and industries (such as banking, insurance), which is based onthe learning from the core content of Basel Accord.The last two chapters are the emphasis in this paper. In Chapter III, thepaper not only reviews a systematic and comprehensive history of theChinese securities capital regulatory system and discusses in-depth its statusquo, meaning, rules, ideas, features, and positive significance, but alsocompares with the United States, Hong Kong and Basel Accord in order toget a deep understanding of the current capital constraints factors of theregulatory system.Chapter IV is an important innovation of the paper. After the analysisof the challenges faced in existing Chinese securities company capitalregulation system (e.g. multi-business operation, operation model transitionand industry innovation), with the author’s own experience in the regulation,the paper gives in-depth explanation of the defects and limitations of theexisting capital regulation system and proposes changes to improve theregulatory system of the capital of Chinese securities companies, whichincludes the principles of modification, modification of capital regulationindex system, improvement of regulation implement institution, proposes ofimproving comprehensive risk management abilities of securities companiesand etc.