Legal Analysis of the Concepts and Regulation Approaches of Financial Holding Companies Beyond China
摘要
To explore the external protection mechanisms of shareholders’ rights in FHCs, the book has studied the development of FHCs in typical jurisdictions beyond China and has found that FHCs can be analysed from a legal textual perspective. The book has identified two different legal positions and two typical characteristics of FHCs, which provide an understanding of what an FHC is. In addition, the book has reflected on the summarised models for the regulation of FHCs. Through historical and comparative analysis, the book has identified the rationality of the models of FHC regulation. Finally, the book has identified two classic principles in the regulation of FHCs, namely, prudential regulation and consolidated regulation. These regulatory consensuses have gradually emerged in various jurisdictions since the financial crisis.