Study on Building China’s Financial Supervision System
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Abstract
The outbreak of US sub-prime mortgage crisis in 2008 poses the most severe impact on US financial industry since the Great Depression in 1929. The crisis, like a hurricane, sweeps across the world rapidly and finally becomes a financial tsunami. When everything passes, the major economies begin to reflect on the underlying reasons for this sub-prime crisis and rigorously promote the reform of financial supervision system and laws.
Keywords
Financial Institution Systemic Risk Financial Innovation Security Company Shadow Banking
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© Springer-Verlag Berlin Heidelberg 2015