Financial Holding Company Unified Supervision Law Research

With the development of financial integration and innovation,new trend of mixed operation formed the financial industry.In the global economy,financial industry interact.Mixed operation led to the emergence and development of financial holding companies,and provides the Foundation.Financial holding company from strength to strength,and use its access to the huge gains,but its complex ownership structure,acts such as insider trading and related party transaction occurred.Current laws and regulations in our country there is no specific provisions for financial holding company,in the case of unprotected,contains a large number of risks of financial holding companies may not be able to effectively prevent.The supervision mode for financial holding company in China-supervision,which implies greater risk to run a model,the existing financial laws and regulations are not effective in preventing the risks associated.Using the references at home and abroad,and China's financial holding company status,on the basis of some loopholes in financial holding companies in China,arguing that regulatory measures proceed from our national conditions,for uniform supervision mode for financial holding companies,to safeguard the stable and orderly development of financial holding companies should establish a system of prudential supervision in conformity with conditions.This paper is divided into four chapters.The first chapter overview of financial holding companies.This chapter defines the financial holding company of the connotation,types and risks involved in the operation.The second chapter financial holding company supervision model comparison study.From a global perspective,countries(regions)uses the following four main regulatory models,respectively,separate supervision,umbrella regulation,not fully integrated and unified regulation model.Are reviewed and analyzed in this chapter summarizes the pros and cons of regulation,on the basis that our country should establish the mixed financial holding company operating in the financial regulatory system.The third chapter China's financial holding company supervision and inadequate.This chapter describes current separate regulatory model of financial holding company in China there are many regulatory issues and problems.These shortcomings mainly without a clear legal basis for the right to supervision,poor coordination between regulators,regulators have overlapping responsibilities,that should establish a unified regulatory system suited to China's conditions.The fourth chapter legislation envisages unified supervision of financial holding companies in China.Further analysis China established unified regulatory of regulatory system of importance,and proposed specific method,including building full carefully of regulatory system,established legal regulatory system of principles,developed financial holding company law,clear financial holding company of legal status,this based Shang established financial holding company of internal control system,while clear financial holding company of external regulatory,eventually achieved on its full regulatory of target.