The Research On Financial Regulation System In Switzerland

As regards to the international background, the international financial market saw a series of major international financial crisis since 1990s, such as the Southeast Asian financial crisis. These events, on one hand, have a very adverse impact on the financial institutions as well as financial markets and economic development; on the other hand , raise a serious issue, which is how to implement effective financial regulation in the modern economic market.According to the WTO agreement on services, the WTO members have to be open up between themselves in the financial market. Therefor, on one hand , china faced with a problem which is how to monitor foreign financial institutions effectively in China, on the other hand, domestic financial institutions have to understand the financial supervisory systems which they will enter in. It' s very important to make scientific research on other countries' financial regulation and learn from the latest development in their finacial systems.This paper, based on the Swiss financial regulation system, makes research on the latest development in Switzerland to provide appropriate stimulation to China's current reform of financial regulation.Chapter I makes introduction of the background, significance of the topic as well as the main areas of relative literature review.Chapter II makes analyse of the status quo in Swiss's regulation system to understand the characteristics of the Swiss regulatory system and the problems that exist.Chapter III study Swiss mixed financial reform, including the reasons,the target , the path and the characteristics, as well as the effection. After the reform, Switzerland saw the increasing international competitiveness; made maintenance of international status as a financial centre; brought synergies and high resource utilization. In addition, effective financial regulatory system came into existence, which improve the efficiency of regulation.Chapter IV, based on the first two chapters's research, makes revelation to China of the characteristics in Swiss regulation system, such as Switzerland perfect legal system of financial regulation, and a high degree of regulatory authorities independence and authority, learn from which we will make improvement in china's financial regulatin system.