TITLE:
A Summary of Risks in China’s Financial Holding Companies
AUTHORS:
Chenyuan Zhao, Qiumin Yu
KEYWORDS:
Financial Holding Company, Risk Management, Financial Supervision
JOURNAL NAME:
Modern Economy,
Vol.10 No.5,
May
16,
2019
ABSTRACT:
With the development and expansion of financial
holding companies in recent years, due to the lack of clear guidance of
legislation, financial holding companies currently have various irregular
behaviors, and they also have financial risks while seeking the most benefits.
The supervision of the holding company is necessary. This paper mainly
describes the development history and current situation of financial holding
companies, puts forward the remaining problems of financial holding companies,
analyzes the existing financial holding company’s supervision system, and puts forward suggestions
on financial holding companies’ risk
supervision.