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ABSTRACT

Mixed operation has been the trend of international financial industry in whole world. Financial industry still holds the policy of separated operation on the basis of national security. But the financial holding companies such as CITIC¡¢Ever Bright and Safe Insurance, emerge and become a choice from separated operation to mixed operation in our country. The financial holding company itself insists on the policy of ¡°the mixed group, the divided legal person¡±, so it can not only realize the efficiency of mixed operation, but also keep the security of separated operation. But there is no laws and regulations that adjust and standardize the financial holding company at present in China, it is worth further study about how to define the legal status of financial holding company and control its risks.

This thesis is divided into four parts. The first part introduces ¡°the intension and legal characteristics of financial holding company¡±. Because the financial holding company is one of the forms of holding company, the thesis begins with the definition of holding company, and then explains the definition and characteristics of financial holding company. The second part introduces ¡°financial holding companies in foreign countries and how to use their experiences for reference¡±. The thesis talks about practice of financial holding company in America¡¢Britain and Japan. Then it gives us some advice about setting up financial holding company in China. The third part introduces ¡°the mode selection of financial holding company in our country¡±. Though the financial holding company is not clearly defined in our laws and regulations, there are some financial holding companies in our life. According to national conditions, the thesis proposes the set-up mode of our financial holding company from analyzing its advantages and disadvantages. The fourth part

introduces ¡°risk controlling about financial holding company¡±. The design of financial holding company is not perfect. Although it has advantages, there are more risks, for example insufficient capital and improper inside trade. As to such risks, the thesis puts forward some suggestions about controlling them.

Key words: Holding company Financial holding company Risk controlling

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