The Studies On The Financial Supervision System Of The Republic Of China

From the establishment of Republic of China on January 1st in 1912 to the establishment of People’s Republic of China on October 1st in 1949, the rule of Nanjing national government finally collapsed after the rule of 38 years. Meanwhile, the financial supervision system of the Republic of China has experienced three periods, including the government of the Northern Warlords, the national government of Guangzhou and the national government of Nanjing. The republic of China is an integration of complexity and contradiction, which causes the obvious distinguished development between the financial supervision system of the Republic of China and the traditional ones. The financial supervision system of the Republic of China has its own unique class nature, nationality and the characteristics of the historic.This paper mainly studies the financial supervision system in the period of the Republic of China. It is clearly stated from three historical periods, the government of the Northern Warlords、the national government of Guangzhou and the national government of Nanjing. Then discussion is spread from several aspects including background, mechanism, legislation and the effect of the implementation. The evaluation of the financial supervisory system of the Republic of China will be shown at the end of this paper. Due to the differences in nature of the regime, there are some distinctions between them, and each of them has its own characteristics.The Republic of China’s financial supervision system was in the process of continuous development and improvement, especially due to the class decay and political darkness in the ruling period of the Republic of China government, the financial supervision system can operated normally and more often served as an ornament. But the existence of the financial supervisory system in this period have a great sense of modern, reasonability and the positive side, such as the found of special financial supervisory organs-the audit institute; to formulate a series of laws and regulations, which provides some historical reference for the construction of today’; financial supervision system.