Research on the Establishment and Improvement for China's Financial Supervision Coordination Legal System
- Youfang Jin
- Corresponding Author
- Youfang Jin
Available Online December 2017.
- https://doi.org/10.2991/seiem-17.2018.50How to use a DOI?
- separate supervision, regulatory gap, supervision coordination, information sharing
- China's financial supervision mode has no effective supervision for cross-sector innovative financial organizations or products. This paper wants to solve the regulatory gap, regulatory duplication and regulatory conflicts by establishing and improving the financial supervision coordination legal systems. The measures mentioned in this paper are clarifying the supervision coordination system with the People's Bank of China as the initiator and identifying rights and functions of the initiator; improving the financial supervision information sharing system, establishing the unified financial supervision information center and introducing operation rules for information sharing; establishing the financial supervision coordination system at the central and local level. During the construction of the financial supervision coordination system, the initiator system, the financial stability supervision committee, and the information collection and sharing system should be put in place. This paper can provide valuable references for China's legislation of financial supervision coordination or formulation of Methods for Financial Supervision Coordination.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Youfang Jin PY - 2017/12 DA - 2017/12 TI - Research on the Establishment and Improvement for China's Financial Supervision Coordination Legal System BT - 2017 2nd International Seminar on Education Innovation and Economic Management (SEIEM 2017) PB - Atlantis Press UR - https://doi.org/10.2991/seiem-17.2018.50 DO - https://doi.org/10.2991/seiem-17.2018.50 ID - Jin2017/12 ER -