Research On The Reform Of Financial Supervision System Under The Background Of Mixed Operation

After the financial crisis in 2008,the United States,Britain,Germany and other countries or regions began to promote the reform of the financial regulatory system,from the traditional long supervision to the dual peak supervision,even the unified regulatory direction.At the same time,strengthened central bank supervision responsibility has gradually become the mainstream.In 2003,with the needs of economy development,China established the financial system----separate business and industry supervision,ensuring the general stability of the financial system.In recent years,China's financial development has emerged a lot of new phenomenon.And financial co-operation continues to deepen.Cross business between cross-market of banking,insurance and securities,and cross-agency products continue to appear.Financial risk transferring faster between the financial sub-industry and financial institutions,put forward a new challenge for China financial regulation.Financial supervision of China is also standing at the crossroads of reform.The problems of regulatory repetition and supervision vacuum in the financial system,and the phenomenon of regulatory arbitrage,decrease the regulatory effectiveness.In recent years,facing with these problems,theorists and academics have discussed the reform of the financial supervision system.Some scholars have pointed out that we have to set up the unified supervision as soon as possible.But some scholars still insist on the marginal reform in the divisional supervision system.So this easy aim to choose which one is better adapted to the financial development in China.Concentrating on this problem,the paper is divided into six sectors.The first chapter is introduction,mainly introducing the background and significance of the topic,the structure of the paper,research methods,innovation and shortcomings,and so on.The second chapter is based on the concept of financial mixed operation,aiming to analyze the present situation and motivation of mixed operation in China.In the third chapter,the paper makes a theoretical analysis of the financial supervision system,combing the historical evolution and current situation of financial supervision in China,studying the financial supervision system of the western developed countries,to provide reference for the reform of financial supervision system in China.In Chapter four,through the construction of financial regulatory supply unbalanced model,we can compare unified supervision with sub-industry supervision,describing the problem of lack of adaptability in current financial regulatory system.Concluding that unified supervision is better for financial supervision in China.In fifth chapter,under the context of financial mixed operation,paper put forward a gradual reform of financial regulatory system,and discuss the path and related measures of reform.In Chapter six,by concluding the text,we can make the future blueprint of financial regulatory system in China.