Research On The Current Situation And Optimization Of Local Financial Supervision In Z City,Jiangsu Province

Since the 18th CPC National Congress,the CPC Central Committee and The State Council have attached great importance to financial work.General Secretary Xi Jinping has put forward a series of new ideas,new views and new measures on financial work,deepening the continuous reform of the financial system and further improving the financial system and market.Local financial organizations represent the new trend of financial industry innovation and development.With the development of economy,the importance of local financial supervision is increasingly reflected.However,at present,there are still many deficiencies in the local financial supervision work.Subjectively,there are some reasons why local governments do not pay attention to it.Objectively,there are insufficient law enforcement forces,external supervision is not strong.This paper takes the local financial supervision in Z city as the research object and comprehensively uses literature research,questionnaire survey,interview,comparative analysis and comprehensive induction to conduct research.Firstly,this paper studies the current situation of local financial supervision in Z City,starting from the basic situation of organizational structure,personnel composition and daily work of local financial supervision departments in Z City,and combining the achievements of local financial supervision in Z City in recent years.Secondly,relevant information was collected through investigation and interview with staff of regulatory authorities and leaders of local financial organizations.Based on the analysis of the investigation and interview results,it is found that the problems existing in the current local financial supervision in Z city are mainly as follows: first,the supervision rights and responsibilities need to be clarified;Second,the regulatory power is obviously insufficient;Third,the supervision means is relatively single;Fourth,regulatory resistance;Fifth,local financial organizations do not operate in a standardized manner.By analyzing the causes of the existing problems and drawing lessons from the practical experience of Nantong,Chengdu,Chongqing and other cities,the following optimization policies are proposed: first,to improve the setting of local financial regulatory institutions.We will clearly define the responsibilities of local financial supervision and strengthen the team of supervisors.Second,we will give full play to the role of external oversight.Give play to the role of trade associations and the supervision of the masses.Third,improve the efficiency of local financial supervision in Z City.We will standardize administrative law enforcement,improve scientific oversight,and strengthen it application.Fourth,we will promote compliance operations of local financial organizations.We will strengthen the compliance awareness of local financial organizations,promote their innovative development,and strengthen their social responsibility.Fifth,strengthen the construction of local financial risk prevention and control in Z City.We will strengthen research and assessment of financial risks,improve risk assessment of major policy decisions,and establish a collaborative mechanism for risk prevention and control.