Study on the Legislative Perfection of China's Supervision for Foreign Banks under the Mode of Mixed Operation
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DOI: 10.25236/icebfm.2019.023
Corresponding Author
Liu Hongfeng
Abstract
Recently, with stressful competition among traditional commercial banks, financial service innovation is imperative under the maturity of risk control technology in commercial banks, and the mixed operation mode is gradually developing and prevailing in financial industry. Western developed countries are bound to adopt this mode to carry out financial business in China, putting forward new requirements for the laws and regulations of supervision for foreign banks in our country. With the continuous development and extension of business, corresponding perfection should be made so as to play a better regulatory and normative role, to better guarantee the healthy development of domestic banks and foreign banks and handle the domestic situation well. The competitive relationship between banks and foreign banks will safeguard the order and stability of China's financial market.
Keywords
Mixed business model, commercial banks, banking regulation, financial law