Our Financial Supervision:Institutional Weaknesses And Improvements

The rapid development of financial markets has accelerated global economic integration strategy gradually formed, with the continuous development of global financial markets, financial regulation became the main form of supervising the financial activities and management in the financial sector by the majority market economy country, today, the Scale and systems in the financial markets continue to expand and improve, financial regulation to protect the financial markets rationalization, scientific and legalization process have played a significant role Based on the financial markets assumed significance in China’s economic development process, the author has done some of probe in China’s financial regulatory approach and a series of problems.In the the process of exploring China’s financial regulatory approach, the author has provided a brief overview on the basic concepts of financial regulation first of all, and has created the need for financial regulation from three financial perspective in the financial system and financial market information and speed. In the process of exploring the country’s financial market information, I discoveried information asymmetry and incomplete coverage of the financial markets is impeding healthy development of the main factors. The inherent attributes such as fragility and the externalities of the financial system decisions in the financial markets development must have appropriate financial regulation play supervision and management functions, in order to ensure financial market in line with our legal system construction requirements. With the construction of China’s social and economic development, the financial markets also showed strong momentum of development. In recent years the process of economic operation, in promoting China’s national economy gradually upgrade, the financial markets as the mainstay of accelerated growth plays an increasingly important role in China’s social economic development, so the size of the financial market showing expanded year after year. Despite the constant expansion and the growing number of financial activities, to further accelerate the process of building social and economic advance, but with the increasing financial enterprises, financial activities carried out the legal risk factors increases by the increasing number of financial activities. In order to further regulate financial markets, supervision of financial enterprises, the management of financial activities, financial market development can play a good role in achieving for our purpose of promoting the undertakings, along with the introduction of series of financial market supervision and management system, which provides a strong guarantee to the financial of development in reasonable,legal and compliance.The introduction of financial regulatory system, provide a good support to the development of China’s financial markets. In financial regulation supervision, China’s financial markets reached the purposes of preliminary development in legal system, rationalization and compliance. However, due to the construction speed too fast in China’s social and economic development, development in the financial markets also showed the efficiency can not be ignored, which revealed the development of China’s financial regulatory lag. At present China’s financial market is subject to the impact of global economic integration, is gradually toward securitization, complex, microscopic, internationalization and the direction of diversification, which gives financial market supervision and management presented new challenges.To further illustrate the gap that exists between China’s financial supervision and financial market development, Firstly, China’s financial regulatory approach for the development of context were introduced. Secondly, the status and trends of current financial regulatory are analyzed and summarized, draw the current lack of effectiveness of China’s financial regulatory approach with defects, as well as the financial regulatory system is not perfect, can not cope with Mixed proposed challenges such conclusions.Find out the limitations factors of the current financial regulatory,This contrast the development of the U.S. financial regulatory model changes, combined with China’s economic development and social construction of reality, given the countermeasures and suggestions to improve China’s financial regulators. Financial regulation ideas proposed changes to strengthen People’s Bank of China’s central position, strengthen the construction and management of finance information resources, strengthen the international cooperation of financial regulation;In response to the systemic risk that may exist, the regulatory agencies should strengthen their own organizations, to enhance its independence and coordination skills with clear regulatory responsibilities; strengthening the auxiliary control of social and intermediary organizations, strengthening financial supervision legalized same time, should also pay attention to the practice of law enforcement initiative, etc., that sort of improvement measures of financial supervision make greater contribution in promoting the process of China’s economic development.