The Establishment Of China's Financial Regulatory Coordination Mechanism Under The Mixing Business Environment

As the mixing business becoming an international financial trend, the financial integration reaching to a greater extent and financial markets getting closely connected, the domestic trend of mixing business are increasingly noticeable. Some financial and non-financial institutions with cross-industry and financial holding corporation features are emerging out and new intercross financial businesses are appearing. All of these, on one hand, have revised the existing separate business model and has in fact enhanced the efficiency of China's financial industry; on the other hand, these have put challenges to the existing separate business regulatory system. Under the existing separate business regulatory system, in which banking, securities and insurance are regulated respectively, it is urgent and important to establish and refine a financial regulatory coordination mechanism so as to prevent vacant regulation as well as overlapped regulation on mixing business financial holding corporations.Based on the previous research and the writer's practical work, firstly this thesis reviews the history of the development of China's financial regulatory mechanism and analyses the existing problems, which include no specific positioning of the coordination mechanism, no systematic coordination mechanism, lacking of prompt and efficient communication, further improvement of the regulatory coordination, quality of the regulatory staff and absence of overall regulatory rules. By using simple module, the thesis proved that the "pain index" could be minimized to establish the coordination mechanism. Based upon above, the thesis analyses the necessity of the coordination mechanism theoretically. All the analyses illustrate the necessity of the establishment of China's regulatory mechanism. In the mean time, the thesis points out the theoretical difficulties in the establishment of the mechanism. The thesis sets the regulatory mechanism in developed counties as examples to provide reference in terms of designing thought and function manner to the establishment of China's regulatory mechanism. The main body of the thesis is the suggestions on the establishment of China's financial regulatory mechanism. The suggestions include, first, clear positioning of the regulatory coordination mechanism; second, to establish a network organizational structure; third, to set up a diversified coordination mechanism; fourth, to adopt a more flexible coordination manner.The thesis adopts logical analysis as the researching method and follows the order of raising question, analyzing question, and solve question. From comparison with foreign financial regulatory mechanism, the writer draws some reference China could turn to and hopefully could clarify the thought of establishing the regulatory coordination mechanism.The emphasis of the thesis is to put forward practical suggestions to how to establish and optimize the coordination mechanism among "one bank and three committees".