Selection Of Mixed Business Under The Progressive Conditions Of China's Financial Regulatory Strategies

Under the tendency of financial globalization and financial integrated operation, one country's financial operation mechanism and financial supervision system are influenced by other country's. Our country's financial industry had thoroughly opened to outside world. So our country's financial institution will be confronted with competitive pressure from strength to strength. Facing foreign financial integrated operation institutions' coming into and domestic competitive pressure, domestic financial institutions begin financial innovation one after another, and break through the limitation of original operation, and gradually walk into the road of integrated operation. With the emerging of financial holding companies and the entering of foreign financial integrated operation institutions, our financial separated supervision would face grate challenge. Therefore, it becomes very important problems of our reform of financial system to how to improve the competitive ability of our financial institutions' and keep away and figure out financial risk.This article expounded the theory bases of financial supervision and not cotemporaneous financial supervision, and also the tendency of evolution of financial supervision.Since the 80's of 20 th century, with the rising of finance deregulation, the original financial separated supervision met with great challenges. The west developed country began to reform financial system one after another in order to adapt the push of financial integrated operation. In this aspect, the reforms of financial system of England's and America's and Japan's are very representative . So, the author takes England and America and Japan for example and expounded the adjustment and the reform of financial supervision policy of England's and America's and Japan's during the transition from financial separated operation to financial integrated operation. This article analyzed the adjustment of financial supervision idea and the change of financial supervision means and the reform of financial supervision mode during their transition from financial separated operation to financial integrated operation. The author also compared their reform.Our financial system has taken place great changes from the reform and opening to outside world. It experiences from financial integrated operation to the establishment of financial separated operation system. Under the tendency of financial globalization and financial integrated operation, financial integrated operation of our country' s is also pushed forward. It is that the thoroughly opening to outside world of Our country' s financial industry more accelerates the tendency. With the financial innovation and financial intercross business emerging continuously and the financial holding companies becoming more and more , our financial separated supervision meets with great challenges: Separated supervision could not make effective supervision to financial holding companies, especially to financial holding companies held by industry capital; separated supervision could restrain financial innovation and lead to overlapping supervision and supervision absence for intersectional financial business. The supervisor may contest the favorable object be supervised and make buckpassing for intersectional responsibilities; Different supervision institution has different supervision goal and supervision emphases. It could lead to supervision conflict, especially to the financial institution that were in the stock market; Financial supervision lack effective law basis for not perfect financial supervision law; There is a role conflict problem of central bank. The author also expound the push of financial integrated operation and the establishment of financial separated supervision system.Learning the successful experience of America' s and England' s and Japan' s financial supervision reform during the transition from separated operation to integrated operation and combining the problems existing in our financial supervision, the author put forward some concrete opinions and advice for the strategic adjustment of our country' s financial supervision. At present, we should mainly perfect our financial supervision coordination mechanism: perfect supervision coordination to financial innovation operation and financial intercross operation and financial holding company. Facing with the push of financial integrated operation, we should make strategic choice of financial supervision in order to adapt the demand of financial integrated operation: Adjust supervision idea; perfect financial supervision system; perfect financial supervision means; reform and perfect present financial supervision mode. So that we can enhance the operation efficiency and international competition of our financial institution, and keep maintenance of safe and efficient operation of our finance system.