Development and Regulation of Financial Holding Companies

Author: Research Bureau of the People's Bank of China
Publisher:
Publish Date: 2004-03-01
Features: This book provides a detailed introduction to the regulatory and operational experiences of financial holding companies abroad, which helps regulatory authorities and financial professionals conduct in-depth discussions on the regulation and operation of financial holding companies, and also offers practical guidance for the business practices of financial holding companies. Currently, the development of financial holding companies in China is still in the exploratory stage. To address the aforementioned issues, based on the guidance of the People's Bank of China leadership, the Research Bureau of the People's Bank of China, the Second Department of Banking Supervision, and CITIC Holding Company jointly formed a research team in 2002. Based on domestic research, the team conducted a thorough and comprehensive examination of the regulatory practices of financial regulatory authorities in Japan, the United States, Germany, and the United Kingdom, as well as the operational practices of some international financial holding groups, resulting in this work titled "The Development and Regulation of Financial Holding Companies." This book provides a detailed introduction to the regulatory and operational experiences of financial holding companies abroad, conducts in-depth research on the major issues mentioned above, and proposes solutions. This monograph helps regulatory authorities and financial professionals conduct in-depth discussions on the regulation and operation of financial holding companies, and also offers practical guidance for the business practices of financial holding companies.