China's Financial Holding Company Set Up Research, And Regulatory Issues

Along with the development of economic globalization and financial integration, the evolution of international finance has appeared obvious variety since 1990.The most obvious trend is that the differences among various financial industries are becoming faint. The boundary of the bank, the security and the insurance industry has already removed gradually. The comprehensive operating and management of financing institutions has already become an obvious trend. Under the influence of this trend, as the important innovation of the international finance management system, financial holding company has already been adopted by more and more nations and regions.Now our country is becoming a member of the global economic financial integration faster and faster. According to the WTO agreement, the financial institutions of all countries and regions of WTO can operate by law by the end of 2006. The large financial groups of foreign countries have many advantages such as funds, management level and innovative ability. In addition, they can make use of the advantage of comprehensive management to earn more profit. At the same time, there is a series of problem such as the high bad loan rate and low capital rate in the financial institutions of our country. Facing the powerful rival, the financial institutions of our country must extend operating scale and scope to improve the comprehensive competition ability. It is a realistic choice that our country develop financial holding company by changing the system, reorganizing and buying the existing financing institutions to strengthen the competitive ability of our country's financial institutions.Although our country's financial system is still the strict financial divided management, financial holding company which is an important mode of financial comprehensive management has already appeared. It represents the direction of the financial operating and management system of our country. The thesis chooses setting up and supervision and regulation of financial holding company to be the research object. By making use of financial innovative theory and supervision theory, the study is done in macro-, meso- and micro-dimensions. On the micro-level, the dissertation majors on establishing strategy, how to set up, risk management system and...