Research on the Establishment and Improvement for China's Financial Supervision Coordination Legal System

DOI

10.2991/seiem-17.2018.50How to use a DOI?

Keywords

separate supervision, regulatory gap, supervision coordination, information sharing

Abstract

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.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - Proceedings of the 2017 2nd International Seminar on Education Innovation and Economic Management (SEIEM 2017)
PB  - Atlantis Press
SP  - 200
EP  - 203
SN  - 2352-5398
UR  - https://doi.org/10.2991/seiem-17.2018.50
DO  - 10.2991/seiem-17.2018.50
ID  - Jin2017/12
ER  -