How To Choose The Supervision Mode Of Listing Bank In China

Under the big background of accession to the WTO, the capital market of China will be opening to the outside world soon, especially the commercial bank of China has already begun shareholding system transformation and listing process. Listing commercial bank has dual identity, one is listing company and another is commercial bank, so it has its special legal nature, and there are complicated legal relationship and conflict of beneficiary at internal. Under the circumstance of opening up, the traditional supervision mode and method have not fully adapted to the need of effective supervision. At present, regarding the supervision of listing bank China is still in the initial stage. Some basic problems such as the nature of listing bank, division of work and cooperation of supervision, summing-up of supervision experience and construction of supervision system etc, which exist blind spot or disputes both in theory or practice. If those problems mentioned above can not be solved, may not only make impact on the effective supervision but also restrict the listing process of commercial bank.This text is based on the reality in China, and refers the foreign current situation and foreign existing research theory. Through comparative study on the supervision mode of British, USA, Germany and Australia, we arrive at the actual choice of supervision mode of China at this stage. Investigation from around the world, there are four supervision modes: mode of dance-unification model, mode of main regulatory, mode of separate supervision and mode of umbrella. The existing supervision mode of China at present has its many defects such as regulatory inefficiency, lack of coordination, repeated supervision, failure of supervision and imperfections of disclosure of information.The choice of supervision mode shall not be divorced from our basic supervision system, which should be considered from the perspective of the cost and benefit. Under this guidance idea, we find that the mode of main regulatory has its more important reference value for China than other three modes. Meanwhile, the SFC and Stock Exchange shall assume the main supervision responsibility of information disclosing. On the basis of analysis, author puts forward some suggestions for future development of listing bank supervision.