| With the opening to the outside world of financial business, China's financial institutions are facing huger pressures of competition. Integrated financial operation is marching more rapidly. It is becoming more and more difficult that the present separated regulation mode supervises effectively financial institutions and innovated products from different financial industry, which are appearing continuously. In order to enhance supervision efficiency and guarantee safety and effective operation of financial business, the modernized financial supervision mode that suits our national situations must be established. Under the background, it is of great significance that the author researches the development trend of China's financial supervision mode.This paper starts from illustrating the general financial theories about financial supervision and the selection of financial supervision: the theory on market failure and public benefits, the theory that law isn't perfect, and the system evolution theory of New Institutional Economics . Next, in respect,the author puts forward the development trend of China's financial supervision mode―integrated supervision. It is based on reviewing the evolution process of China's financial supervision, comparing and analysing the selection of foreign financial supervision mode, analysing the development situations of current financial business and the mathematical mode of effective financial supervision mode. Last, on the basis of drawing lessons from foreign reforming reality about financial regulation mode, in order to make preparations for establishing integrated supervision mode, the author proposes some own suggestions according to the questions appearing in the present financial regulation and how to establish integrated regulation mode.The research gets the following conclusions:First, no financial regulation mode accords with every country in the same period and every period of a country. How to establish and adjust financial regulation mode is mainly determined by its political system, economical background, and financial development level in the different period.Second, what financial regulation mode to select is greatly related to operation mode. With the constant development of integrated operation, financial regulation modes in these countries were reformed too. And to different extent, all of them evolved towards integrated regulation mode.Third,the separated regulation mode in current China suits financial development situations, but, with the full spreading of integrated operation, integrated regulation will be selected inevitably in our country.Fourth, in order to realize the steady transition from separated regulation to integrated regulation and make preparations for the establishment of integrated regulation mode, we should enhance integrated regulation ability on the basis of perfecting the present separated regulation mode.And it can be done as follows:perfect the present separated regulation mode, emphasize on internal control system of financial institutions , make the self-restraint system of financial industry proper, perfect financial laws and regulations and cultivate financial staffs having integrated supervisory ability. |
