Status Of Financial Holding Company Development And Countermeasures

The Third Plenary Session of the Party’s eighteen proposed comprehensively deepen reform, accelerate the improvement of modern market system. The current financial work to do during this period, the key is to firmly grasp the essential requirements of financial services in the real economy, adhere to market-oriented reform of financial resources configuration, adhere to the development of the concept of innovation and regulatory coordination. At present, in order to ensure sustained and stable economic growth, there is an urgent need to build a unified financial platform, follow the requirements of finance servicing the real economy, integrate financial and industrial resources; further synergies the industry bodies’advantages of banking, securities, insurance, leasing and other financial industry funds,and actively use equity, acquisition or initiated the establishment and other ways to deepen the existing financial architecture; accelerate to broaden the financing channels of domestic enterprises, providing a full range of modern financial services for economic development. Comprehensing China’s current situation, development of the financial holding company is now a viable and the only way.In this paper, under the premise of sorting and comparing the study of domestic and foreign financial holding companies, combine characteristics and policy development situation of Chinese economy, along with the main research topics presented in this paper, namely Development of Financial Holding Company. It then Classifide describes the development situation of the financial holding companies in China, Including the generation of a financial holding company, type, size, and typical development of financial holding companies; Then in the third chapter analyzes the problems and causes of the development of financial holding company, including financial holding company’s legislation, management capacity and regulatory capabilities and risk diversification, and other aspects of business innovation; Finally, learn from the United States, Germany, Japan, Britain and other foreign financial holding company model of development, put forward the suggestions of development of China’s financial holding company, Including the improvement of corporate governance structure, enhance the level of integration of financial services, improve internal control mechanism, establish an advanced information service platform and the introduction of comprehensive management training needs of personnel.