The Development And Risk Supervising Mechanism Of Financial Holding Company Of Developed Country And Its Model Significance For China

Since the 1990s, financial innovation and release of supervision have been the global tide. Because of the advantages of financial holding companies (FHC in brief), developed countries like the US, Japan, the UK modified their laws and financial systems gradually. FHC became legitimate. Along with that, financial business and supervision system in the world changed a lot.Collectivized operation possess scope economy and scale economy, meanwhile, systemic risk can spread among subsidiary companies which would endanger financial system greatly than the bankrupt of a single financial institution. Therefore, the healthy development of FHC must be based on scientific supervision system and under restraining measures. Supervision and self-discipline of FHC cause great attention to the world. The dividing industry supervision in China is under pressure both from home and abroad. The single business model of banks, security institutions and insurance companies is dropping behind the global tide. Various forms of FHC do exist in China, but there is no special supervision on them. In order to protect the healthy development of FHC, must use foreign experience for reference, study the financial regulatory system of FHC suitable for our country and supervision method as soon as possible, this is exactly the meaning why this paper chooses the development and risk supervising mechanism of financial holding company of developed country as research object.This dissertation consists of four chapters, the main content are as follows: Chapter one is a foreword part. At first, introduce the theory meaning and real value of the question of this selected works. Proceed from the development trend of international financial circles and actual conditions of Chinese financial circles, propose "mixed operation is the inexorable trend of Chinese finance, should follow in order and advance step by step, and mainly adopt FHC mode of U.S.A. ". But seen from developed country and practice of China, FHC has faced greater risk than general financial enterprises. In a situation that China's relevant laws are very imperfect, we must strengthen the research to the financial risk of FHC supervise even more. Then, the thinking of study on this text and basic concept has been explained.Chapter two has introduced the relevant concepts and the development of FHC of developed country. Definition and classification of FHC is described...