Research On International Cooperation Of Financial Supervision Under The Background Of Globalization

National security is a significant factor affecting national stability and social economy.With the development of the globalization,non-traditional security has become an indispensable part of national security.Financial is the core of economy.The stability and security of the country operation is significant related to stability of country financial system.Face up to the weakening competence of risk resistance of country and the extant dilemma in financial supervision,strengthening the international cooperation of great importance.This paper is based on theoretical analysis and practical thinking;using theory combines the relevant theories of international cooperation,interest game and interdependence,combined with the actual empirical research of current international financial supervision,it deeply responds to the current practical problems in international financial regulatory cooperation.Rational and profoundly recognize the positions and responsibilities of various subjects in today's international financial regulatory cooperation,and combine the game analysis around power and interests to understand the plight of international cooperation in financial supervision.At the same time,we will further consider the feasibility of promoting the international regulatory cooperation between international actors and how China should participate in global financial supervision.According to this train of thought,the full text is divided into five chapters.Chapter 1: First,the core concepts and related theories of this paper are explained,including classic concepts such as non-traditional security,financial supervision,and international cooperation,as well as related theories such as economic globalization,interdependence,international mechanisms,market failure theory,and financial fragility.This paper argues that international financial regulatory cooperation is carried out under the background of economic globalization and is the embodiment of interdependence among international actors.Therefore,the analysis and interpretation of classical theories in international relations have strong legitimacy.This chapter emphatically discusses the necessity of international cooperation in financial supervision and regulation through definition of concepts.To study the necessity of regulatory cooperation in accordance with different levels of international financial cooperation regulation,different regions and different regulatory objectives,so as to improve the capacity and efficiency of regulation.The research and interpretation of the above questions constitute the main context of "introduction" in the first chapter of this paper.Chapter 2: Describe the guarantee of international cooperation in financial supervision and the necessity of establishing international cooperation mechanism in financial supervision and regulation in detail.The theory of international mechanism is the necessary foundation for the formation and establishment of international order.It also makes a positive effect and impact on cooperation and coordination of international relations.In addition,the international mechanism has certain binding effect on national code of conduct.From the perspective of international mechanism construction,mechanism construction must rely on the coordination and cooperation of various related regulators.International cooperation on financial regulation will be institutionalized and institutionalized.The cooperation mechanism will be further improved due to the diversity of participating countries.This chapter explains the necessity of financial supervision.In view of the widespread financial supervision problems in various countries,this paper believes that advocating international cooperation in financial supervision is a feat and a necessary path in the process of financial risk resistance.Any country needs to give due attention to financial risks.With the deepening of financial internationalization,ensuring national financial security,effective reform of the financial system and active participation in international financial markets have a positive effect on promoting the stable and sustainable development of China's economy.To promote international cooperation in financial regulation,we need to enhance our capacity to respond to crises;reduce systemic risks;promote the sharing of bilateral regulatory information;complement the strengths of regulators;and stabilize the financial order of all parties involved.The research and interpretation of the above issues constitute the main part of the second chapter of this paper "subject and functional orientation of international cooperation in financial Supervision".Chapter 3: This chapter analyzes the resistance of international cooperation in financial supervision from the current trend,system and law.Economic integration has not only brought more opportunities,but also created more problems.Combined with the classic perspective of the game of international political science,this paper analyzes the interest game mechanism of financial supervision international cooperation.From the perspective of the financial field,the main contradiction is between the increasingly national financial activities and the still local financial regulation.The current international situation calls for strengthening more international cooperation in financial regulation which is extremely urgent.The foundation of establishing cooperation mechanism is to realize that all relevant objects is to gain benefits,rather than making useless or even losing money.It is difficult for international cooperation to break away from the destiny of great powers.The international cooperation organization still has security risks.Meanwhile,the international cooperation system for financial supervision is still not perfect,mainly including the prominent features of emergency response in crisis management;the complicated institutional framework of supervision rules;the difficulty of forming the best plan due to the differences among countries and the increasing complexity of the framework system.However,the existing legal defects of international financial supervision cooperation are more obvious;the legal norms are not mandatory binding;the legal system is not compatible and the scope of supervision is still existing a blind zone.The research and interpretation of the above issues constitute the main part of the third chapter of this paper "international cooperation system of financial supervision and defects".Chapter 4: This chapter mainly analyzes the interest coordination and mechanism innovation of international cooperation in financial supervision.By referring to relevant theories such as neoliberal institutionalism,this paper further explores the interest coordination mechanism of financial supervision cooperation.Financial globalization has positive and negative effects.On one hand,it can promote the rapid development of the global economy,but it will bring new tests to the financial regulation of various countries.For developing countries,financial problems are more likely to occur.First,coordinate the interests of all parties involved in financial supervision to promote international cooperation.International cooperation among countries plays a positive role on the smooth implementation of financial regulation.We will coordinate the question of the authorities in international cooperation on financial regulation.We will establish multi-tiered and multi-formed international cooperation in financial supervision.Second,we should fill in the loopholes of international cooperation in regional supervision;make full use of the advantages of regional supervision cooperation;establish negotiation and communication mechanisms to form regional multilateral cooperation and continue to expand the scope of international cooperation in financial supervision.Third,we should clarify the contents of international cooperation and coordination on financial regulation,as well as the innovation of mechanism.Clarify the content of legal coordination of the regulatory cooperation mechanism: establish information sharing platform;accelerate the development of laws and regulations;institutional supervision switch to functional supervision;strengthen the international cooperation on financial supervision and regulation;establish a mechanism for monitoring sanctions;establish uniform accounting standards.We will strengthen international cooperation and establish a regulatory mechanism.Therefore,all countries in the world,especially the emerging economies represented by China,must strengthen the establishment of cooperation mechanisms on financial and international regulation,increase bilateral and even multilateral negotiations,establish information exchange and sharing mechanisms,and realize common supervision and management.The study and interpretation of the above issues constitute the main part of the fourth chapter of this paper "interest coordination and mechanism innovation of international cooperation in financial supervision".Chapter 5: This part mainly discusses the position and responsibility in international cooperation in financial supervision of China.As China's financial sector continues to open up,in what ways and in what procedures should China cooperate with international organizations? What cooperation mechanisms should be established? What development strategies should be formulated and what status of China on the cooperative mechanism? Above these issues are urgent problems which need to solve.First,pay attention to the standardization and internationalization of financial supervision cooperation.Then,improve crisis management mechanisms and state intervention policies.At last but not the least,need to strengthen the financial consumers protecting system.The international financial institutions are also constantly changing.To keep pace with the times and integrate with the international community,China should actively face the reform of international financial institutions.We need to re-formulate new policies in line with the provisions of the international community adhering to the principle of international cooperation in financial regulation and improve relevant systems of financial supervision in China.Only in this way can we gain opportunities favorable to our country,and the future development space will be greatly enhanced,thus protect our interests more effectively.China strives to become a vital financial regulation cooperation partner and a key member of international cooperation in financial regulation.The research and interpretation of the above issues constitute the main part of the fifth chapter of this paper "China's countermeasure in international cooperation of financial supervision".