Financial Crisis, China's Financial Regulatory Mode Selection And Perfect

Financial supervision means limiting the financial institutions on their services, the prices of their funds, the marker access and exit, the setting of their branch institutions, etc. It aims at helping to establish and maintain a stable, sound and efficient financial system, which ensuring the healthy development of the financial institutions and market, thus the financial supervision can protect the subjects of the financial activities especially the benefits of the depositors and promote the economic and financial development.During one century's development, western developed countries have reached a high level on the financial supervision system and standard, but unfortunately, from the year 2007, the global financial crisis has put forward a severe challenge in front of the financial supervision system, which had been boasted by the western developed countries as the'Strong Armor'. The construction of the Chinese supervision system starts later, and it relies more on the successful experiences of the western developed countries. The explosion of the American subprime crisis has warned the Chinese financial supervision departments. In order to better protect the stability of our financial order, the safe running of the financial system and prohibit the financial risks, we need to explore and research the direction and trend of Chinese financial supervision by combined with background of the financial crisis. Therefore, it is of importance to research the direction and trend of Chinese financial supervision by background of the deep cause of the financial crisis.This thesis begins with the definition of the financial supervision, demonstrating the emergence of the financial supervision on the social basis, subjective reasons and theoretical proofs. Then, this thesis introduces and compared the current worldwide main forms and characteristics of the financial supervision.What's more, this article reviews the development of financial supervision in China, introducing and analyzing the status quo and main issue of China's current supervision model which called "One Bank Three Committees " Model. Finally, comparing with the actual situation in China, the thesis put forward the reform recommendation of current financial supervision.