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Research Paper | Economics & Management | China | Volume 8 Issue 6, June 2019 | Popularity: 6.6 / 10
Case Analysis of the Reform of the Bank of England after the Crisis and Its Reference to Chinas Financial Supervision
Dan Cheng
Abstract: At present, China's financial supervision system is facing restructuring, and various controversies for reform and construction have different opinions and have proposed different reform plans. Since the financial crisis in 2008, the Bank of England has carried out a series of reforms. In the financial regulatory reforms of major countries in the world, the UK has the most reforms and has achieved remarkable results. It is one of the models available for study in China. The obvious feature of the Bank of England reform was the shift from 'super regulators? to 'super central banks?. The UK government split the Financial Services Authority, strengthened the status of the central bank, and continuously strengthened the central bank's functions of implementing financial supervision and maintaining financial stability.
Keywords: Bank of England, Financial regulation, Super central bank
Edition: Volume 8 Issue 6, June 2019
Pages: 2183 - 2187
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