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Research On The Authority Of Local Financial Supervision

Posted on:2019-02-01Degree:MasterType:Thesis
Country:ChinaCandidate:W H ZhangFull Text:PDF
GTID:2346330545480241Subject:Law
Abstract/Summary:PDF Full Text Request
With the development of the local financial market,the local financial organization type increasingly diverse,and the vulnerability of the financial system and determines the necessity of government regulation,increasing pressure on financial regulation.Though the central has been entrusted or parts of the local financial supervision granted to local governments,local governments at various levels also gradually through the way of financial system innovation to set up the local financial regulator,to undertake the financial management duties assigned by the local government.However,there is still a local government financial regulation power operation is not standard,power range is not clear,lack of the legal system,control of the local financial supervision lack of effective means,the central and local regulators such problems as lack of coordination mechanism.In general,China is still in the exploration stage for the construction of local financial supervision system.The limitation of the central vertical financial supervision system makes it unable to meet the demand for supervision in the current financial market.Local governments need to play more roles in local financial supervision.However,due to local government financing impulse,the central and local financial regulatory authority boundary is not clear,local government financing platform and liabilities factors such as the lack of effective supervision can cause local financial supervision to local government financing tools and lose the role of maintaining financial security,it is necessary for local financial supervision to restrict.Therefore,the establishment and improvement of the local financial supervision system from the perspective of the boundary of power is discussed systematically.First,the paper analyzes the constituent elements of local financial supervision right and the role of each factor in the local financial supervision system.Secondly,it analyzes the specific distribution and supervision modes of the central and local financial supervisory powers,and the problems that arise.Thirdly,by referring to the main financial supervision mode abroad,we can learn from the configuration of the financial supervision right of the central government.Finally,on the basis of the above research,this paper puts forward perfect opinions,further optimize the local financial supervision legal system,strengthen financial supervision cooperation between central and local government,rational design of the system control local financial supervision authority,make the boundary of the local financial supervision more clear.
Keywords/Search Tags:Financial market, Financial supervision, Allocation of power, Supervision system
PDF Full Text Request
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