The Trends of the Global Financial Regulatory in the Context of the Iiberalization and Its Inspiration to the Changes of China Financial Supervision

The financial liberalization has been the theme of the global financial reforms since the past three decades.It is the most important impetus for the financial development.However,it has been fully demonstrated by the frequent occurrence of the financial crisis since the 1990s,especially the Sub-prime crisis which has turn into super crisis for hundred years,that the strengthening and improvement of financial Supervision plays an essential role on the Stable and healthy operation of the financial System.The financial Supervision and financial liberalization is a two-way interactive relationship.This paper focuses on the important trends in the six aspects of the regulatory philosophy,regulatory focus,regulatory regime,regulatory mechanisms,regulatory approaches and regulatory mode of the global financial regulation in the context of the liberalization and explains what these trends will bring to China's financial regulatory reform revelation in the future.