The Study Of Financial Regulation Of Local Government

Local government financial regulatory mandate is an important mandate of local government under the market economy, but also an important part of the financial regulatory system.Our global economy tends to integration, liberalization of economic activities, China’s financial innovation with rapid changes in China’s overall business is also expanding financial sector, financial supervision and management of the environment has changed, separate supervision system has obvious suited health. The need to determine the status of local government regulators of local financial institutions should not be underestimated, but also an effective way to solve the dilemma of the current financial regulation.In this paper, the background of the financial regulatory status quo, status quo by analyzing current legislation the regulatory system, such as the existing laws, regulations, rules and other legal documents, analysis of these laws and regulations are unscientific, loopholes, contradictions, Local Finance Office also proposed the problems, conduct in-depth analysis of causes of the problem, with responsibilities and legislative issues such as local government and the Financial Office in depth.Finally, to improve financial supervision and authority of local government recommendations: Strengthening policy guidance of the government, regulate private lending market, strengthen financial supervision, the government effectively improve the investment environment, strengthen the financial and legal knowledge publicity and deepen reforms of the financial office.