黃達業臺灣大學：財務金融學研究所林光佑Lin, Kuang-YuKuang-YuLin2007-11-282018-07-092007-11-282018-07-092004http://ntur.lib.ntu.edu.tw//handle/246246/60809本篇論文主要探討在金融自由化及金融集團興起的趨勢下，金融監理將如何調整與因應。為達成此目的，本研究先探討四個主要工業化國家---英國、加拿大、日本、美國最近幾年來的金融改革，以及它們實施一元化或多元化金融監理的情況。之後再分析台灣近年來的金融變革，包括金融控股公司的形成，金融監理委員會的成立，以及它們所帶來的問題。研究結論顯示，金融監理委員會成立之後，藉由資訊共享和合作機制，有助於評估金融控股公司的整體風險輪廓，進而有效監理之。此外，本研究發現不論是一元化或多元化監理，監理機關能維持獨立性和責任性、有明確的監理目標、採用功能性與以風險為基礎的監理方式，以及加強不同監理機關之資訊共享與合作機制，才是有效金融監理的成功之道。根據之前的討論和分析，本研究在最後提出幾點關於台灣金融監理的建議。The thesis focuses mainly on the issues that how financial regulation and supervision adjust their function with the trend of financial liberalization and emergence of financial conglomerates. This study first investigates the financial reform and unified or diversified financial supervision of following 4 industrialized countries---U.K., Canada, Japan, and U.S. After discussing these issues we then analyze the financial reform in Taiwan in recent years, including the emergence of financial holding companies, the formation of Financial Supervisory Commission, and the issues they are involved in. The conclusion of this study shows that after the starting up of the FSC, it’s easier for supervisors to assess the risks of a financial holding company on a consolidated basis by means of information sharing and cooperation mechanism. It’s also found that adopting the unified or diversified supervision of financial services is not as much important. Rather, maintaining the independence of supervisory authorities, clarifying the regulatory policies and supervisory measures, adopting risk-based and functional supervisory approaches, and strengthening the sharing information and cooperation mechanism with different supervisors are the key points of successful financial supervision. In the end of the thesis, we make some suggestions concerning the financial supervision in Taiwan.Chapter 1 Introduction 1 1.1 Motivation and Purposes 1 1.2 Framework of the Thesis 3 Chapter 2 Literature Review 5 2.1 The Evolvement of Financial Conglomerates 5 2.1.1 The Definition of Financial Conglomerates 5 2.1.2 The Type of Financial Conglomerates 6 2.2 Supervision of Financial Institutions 8 2.2.1 The Reasons for Supervising Financial Institutions 8 2.2.2 The Challenges for Supervising Financial Conglomerates 10 2.3 Unified Supervision of Financial Services 10 2.3.1 The Benefits of Unified Supervision 10 2.3.2 The Costs of Unified Supervision 12 Chapter 3 Financial Supervisory System in Major Countries 15 3.1 Unified Supervision of Financial Services in U.K. 15 3.1.1 Introduction of the FSA 15 3.1.2 Main Objectives and Principles of the FSA 18 3.1.3 The FSA’s New Approach For Regulation and Supervision 20 3.2 Unified Supervision of Financial Services in Canada 23 3.2.1 Introduction of the OSFI 23 3.2.2 Main Objectives of the OSFI 27 3.3 Unified Financial Supervision Services in Japan 30 3.3.1 Financial Reform in Japan 30 3.3.2 The Tasks and Policies of the FSA 31 3.4 Diversified Supervision of Financial Services in U.S. 34 3.4.1 Diversified Functional Supervision in U.S.34 3.4.2 The Federal Financial Institutions Examination Council 42 3.4.3 Supervisory Framework for Financial Holding Company 43 Chapter 4 Supervision of Financial Holding Companies in Taiwan 48 4.1 Unified Supervision of Financial Services in Taiwan 48 4.1.1 Financial Reform in Taiwan 48 4.1.2 The Financial Supervisory Commission 49 4.1.3 Analysis of Structure of the FSC 53 4.2 Major Risks of Financial Holding Companies in Taiwan 58 4.2.1 Large Size Risk 58 4.2.2 Reputation Risk 59 4.2.3 Operational Risk 60 4.3.4 Supervisory Risk 62 4.3 Capital Adequacy of Financial Holding Companies 63 4.3.1 The Capital Adequacy of Financial Institutions 63 4.3.2 Consolidated Capital Adequacy of a Financial Holding Company in Taiwan 64 4.3.3 Some Issues about the Capital Adequacy of Financial Holding Companies 66 4.4 Supervisory Mechanisms of Financial Holding Companies in Taiwan 69 4.4.1 On-Site Examination and Off-Site Monitoring 69 4.4.2 Sharing Information and Cooperation between Supervisors 71 4.4.3 Financial Safety Net 72 Chapter 5 Conclusions and Suggestions 76 5.1 Conclusions 76 5.2 Suggestions 78 Reference 822588061 bytesapplication/pdfen-US金融集團金融監督管理委員會金融監理金融控股公司Financial SupervisionFinancial Supervisory CommissionFinancial ConglomeratesFinancial Holding Companiesthesishttp://ntur.lib.ntu.edu.tw/bitstream/246246/60809/1/ntu-93-R91723046-1.pdf