There are regulatory gaps under the current regulatory system japan property agency. A financial holding company usually has substantial control over two or more different types of financial institutions, holds multiple financial licenses, and can carry out a variety of financial services. At present, the coexistence of various types of financial holding companies in China constitutes a typical feature that is different from developed countries japan property agency. There is a lack of synergy between state-owned financial holding companies, and there is a problem of excessive synergy among private-funded financial holding companies. From the perspective of platform entities and capital sources, China’s financial institutions have integrated financial groups formed by cross-industry investment, and central enterprise groups. Financial holding companies formed by local state-owned enterprises, private enterprises, listed companies, and non-financial companies such as Internet companies to initiate or invest in mergers and acquisitions japan property agency. It is undeniable that the rapid development of financial holding companies not only helps to meet the diversified financial services needs of various enterprises and consumers, but also helps financial enterprises achieve economies of scale and scope through synergies and enhance the international competitiveness of China’s financial industry. During the economic downturn, economic uncertainty has risen and corporate financing costs have risen due to risk premiums japan property agency. At present, the return on investment in the real economy in China has declined. In recent years, some financial holding companies formed by non-financial enterprises have expanded blindly japan property agency. Some high-risk businesses are outside the supervision, and the risk isolation mechanism is not Sound, leading to the accumulation and exposure of financial risks, is the main reason for the People’s Bank of China to strengthen supervision of such financial holding companies. Some non-financial companies and major shareholders lack professional management capabilities for financial platforms, blindly pursue financial scale expansion, and seek high profits through high-volume cashing, speculative acquisitions, etc., deviating from or neglecting the main business of the entity, leading to economic “de-reality” It reduces the innovative resources invested in the real economy and inhibits the innovation ability of the real economy japan property agency. Insufficient information disclosure and lack of effective supervision will make it difficult for financial consumers to maintain their legitimate rights and interests. The cross-shareholding and appointment of the group are relatively common. The controlling shareholder can use the dominant position to place the parent company’s interests on the subsidiary, ignoring the independent legal person status of the subsidiary and damaging the minority shareholders’ equity of the subsidiary. Related party transactions are the main carrier of risk-contagion of financial holding companies. Compared with banking and insurance financial groups, non-financial companies dominate financial holding companies often involve more industries, including enterprises that operate entities, as well as financial institutions such as banks, insurance, securities, etc. The transaction is more uncertain, the related transactions are more subtle, and the risk identification is difficult. Related transactions such as sales and repurchase between subsidiaries and subsidiaries, using tax rate differences and accounting policy differences to transfer profits, evade or mitigate tax obligations.
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