The Basic Logic and Development Direction of the Reform of China's Financial Supervision Institution:A Comprehensive Supervision Model to Cope with Financial Mixed Operation
With the continuous advancement of capital market reforms in China,financial holding groups have developed rapidly,gradually breaking the traditional segmented operational model.A series of financial innovations have brought new challenges to the original financial regulatory model.In response to the new situation and changes,China has been improving its financial regulatory system,starting with the reform of financial regulatory institu-tions.Based on a theoretical analysis of financial regulatory models and the historical evolution of China's financial regu-latory institutions,this paper discusses the reasons and development directions for the reform of China's financial regu-latory institutions.It further elaborates on the necessity of this financial regulatory institutional reform and provides refer-ence suggestions for subsequent comprehensive financial regulation models.China aims to continuously improve its fi-nancial regulatory model to better protect the interests of a broad range of investors and maintain the long-term healthy and stable development of the capital market.