On the Enhanced Obligations of the Financial Holding Company in Chinese Law


Authors
Abstract
Financial holding company has become a test of China's financial industry, the basic path and mixed in the past few years has gained rapid development, the development of financial holding company law has become a trend. Increased responsibility on the financial holding company to build the system, should follow the principle of certainty, the principle of flexibility, minimum cost principle and the principle of fairness and justice, and holds that the "three joint meeting" on the basis of the Coordination Committee set up financial regulation as a financial holding company regulatory body to determine the main rule-based regulation to the Commission. And, the future should increase the Financial Holding Company Act apply where the liability regime applicable to the relative extent of the administrative relief measures and other issues not clearly stated. Financial holding company has become the basic way to the trial of combined banking in China and experienced great expand in the past several years, to make a new law on financial holding company is the trend of the times. This paper argues about the provisions on the enhanced obligations of the financial holding company in the law. We believe that definitiveness, flexibility, minimum costs, fair and justice are the four principles the law ought to follow, and a new supervisory agency, the coordinate committee on financial regulation should be formed to replace the joint conference of the three financial regulatory agencies. The law should issue fixed rules and procedures not only for the committee to carries out in its regulatory activities, but also for the situations to apply the law, the level of liability of the financial holding company and the remedies offered to the administrative counter-person
Keywords No keywords specified (fix it)
Categories No categories specified
(categorize this paper)
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Translate to english
Revision history

Download options

Our Archive


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 40,736
External links

Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library

References found in this work BETA

No references found.

Add more references

Citations of this work BETA

No citations found.

Add more citations

Similar books and articles

A Survey Of International Financial Law: Status Quo And Trend.Wei Sui - 1997 - Nankai University (Philosophy and Social Sciences) 5:45-49.
Southern Company.Christopher S. Miller & Silvia M. King - 2007 - International Corporate Responsibility Series 3:101-128.
The Development and Adjustment of EU Financial Policy.Zhi-jun Wang & Yi-nan Han - 2007 - Nankai University (Philosophy and Social Sciences) 4:116-124.
Verdant Power.Bala Mulloth, Marc D. Griffiths & Jill Kickul - 2012 - Journal of Business Ethics Education 9:447-468.
Ethics in Regulation.Howard Davies - 2001 - Business Ethics 10 (4):280–287.

Analytics

Added to PP index
2015-02-02

Total views
0

Recent downloads (6 months)
0

How can I increase my downloads?

Downloads

Sorry, there are not enough data points to plot this chart.

My notes

Sign in to use this feature