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The Consummation of the Regulatory System of Financial Holding Companies
Author: ZhangDa
Tutor: ZhouXianZhi
School: Jinan University
Course: Economic Law
Keywords: Financial holding company Umbrella regulatory regime Unified regulatory regime
CLC: D922.28
Type: Master's thesis
Year: 2010
Downloads: 134
Quote: 2
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Abstract
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The ultimate trend of mixed operation of China's financial industry has been very clear , relative to other organizational forms , the financial holding company is China's financial sector from a separate operation to the mixed operation in the promotion of global economic integration and financial globalization , an optimal choice of system . From a practical point of view , the financial holding company in the development of our country has begun to take shape . However , the current authorities to monitor implementation by China 's Banking Regulatory Commission, Securities Regulatory Commission , China Insurance Regulatory Commission three agencies have been behind the development of the financial holding company , and can not be effective supervision . Of supervision of financial holding companies exist , such as the lack of appropriate laws and regulations ; the imperfect coordination mechanism between the various financial regulatory agencies ; regulatory backward series of problems that affect our financial regulatory effect . Financial holding company to take on the international the umbrella regulatory system , a unified regulatory regime , \Functional supervision of financial holding companies , the emphasis on the collection and sharing of regulatory information , emphasizing coordination and cooperation between the different regulatory authorities , and focus on the regulation of the financial holding company 's capital adequacy ratio and the related transactions and other regulatory regime of our useful inspiration and reference . Improve the legal system of China's financial holding company supervision , in addition to learn from the advanced experience of foreign countries and advanced system also should pay attention to their financial reality . Gradually implement the financial regulatory reform , the establishment of a the umbrella regulatory regime in line with our financial status , improve the legal system for the supervision of the financial holding company .
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CLC: > Political, legal > Legal > Chinese law > Financial Law
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