Taiwan’s Financial Holding Company Research Of Development And Referene

The pace of global scientific and technological progress is faster and faster, the speed of information transfer is gradually accelerated. In this era of information explosion, the financial sector had to be reformed in order to keep up with the pace of the times, and the financial holding company is the product of financial reform under the ear. With the development of financial markets mature, the public demand for financial roducts is also growing and increasingly diverse, which unitary financial institution is unable to offer. With financing business is no longer only service by bank, other financial institutions providing the financial products alternative. We can see the boundary between financial institutions is beginning to show vague, and its function begins to repeat. Therefore, the financial sector began to appear mixed operation mode, the financial holding company belonging to the mixed operation one of the options.In the1990s, Taiwan began to implement policy of financial liberalization and internationalization, although the focus of the policy is enhance the competitiveness of Taiwan’s financial sector and with international standards, but over open but with a lot of problems. In the case of increasing the island’s financial institutions, government policy to encourage mergers between financial institutions and the introduction of the mechanism of the financial holding company, to the acquisition of multi-service way to expend their scale, in order to enhance the competitiveness of Taiwan’s financial industry. Taiwan’s financial holding company development has been10years, according to the economic environment and the culture of the island of Taiwan, from the island’s financial holding company in the development of some characteristics.In the recent years, rapid economic growth in the mainland China, financial markets have gradually been valued. Emphasis on mixed operation in financial institutions around the world and mainland China under the situation of opening up financial markets, financial institutions are also facing intense international competition. To enhance the competitiveness of the Chinese mainland financial institutions, have to improve the financial system, and implementation of comprehensive management. The article focuses on the financial holding company and other related literature briefly, and the discusses the background of Taiwan’s financial holding company, and an overview of status quo of Taiwan’s financial holding company. Supervision of Taiwan’s financial holding company and management, and integration of its characteristics. Finally, to provide a reference for the mainland according to Taiwan’s experience.