Financial Holding Company Under A Separate Operation System Of China's Financial Industry Regulatory Issues

In the process of economic and financial globalization, the financial competition is becoming more intense day by day. Financial innovation and financial deregulation offer a good opportunity to financial comprehensive management which has become the international development trend and the financial holding company arises at the historic moment. In China, under the financial system of divided management, there have been many financial holding companies, although not explicitly defined legally. Because of the poor condition of financial regulation, such as the lack of independent regulator and complete legal system, there are some problems in the development of financial holding company and financial regulation. Under the financial system of divided management, building and perfecting the regulatory structure of financial holding company has very important significances. It is not only beneficial to the healthy development of the financial holding company and adaptation to the financial industry international trend of comprehensive management, but it is also more advantageous to maintain the stability of China's financial system and social stability. Based on collecting and sorting a great deal of classical literature comprehensively and systematically, this paper analyzes the background and present situation of financial holding companies in China. In the end, based on foreign advanced experience and system and China's concrete practice, this paper also gives some regulation suggestions and specific countermeasures.