What is the supervision of financial holding companies?

Legal subjectivity:

Financial investment companies are supervised by China People's Bank, China Banking Regulatory Commission and China Securities Regulatory Commission. Financial supervision is a kind of restriction or control made by the government on financial transaction subjects through specific institutions, such as the central bank and the Securities and Exchange Commission.

Legal objectivity:

Article 32 of the Law of the People's Republic of China on the People's Bank of China

The People's Bank of China has the right to inspect and supervise the following acts of financial institutions and other units and individuals:

(a) the implementation of the relevant provisions of the deposit reserve management;

(2) Acts related to the special loans of the People's Bank of China;

(three) the implementation of the relevant provisions on the administration of RMB;

(four) the implementation of the provisions on the management of the interbank lending market and the interbank bond market;

(five) the implementation of the relevant provisions on foreign exchange management;

(six) the implementation of the relevant provisions of the gold management behavior;

(7) Acting for the People's Bank of China to manage the national treasury;

(eight) the implementation of the relevant provisions of liquidation management;

(nine) the implementation of the relevant provisions of anti-money laundering behavior.

The special loan of the People's Bank of China mentioned in the preceding paragraph refers to the loan granted by the People's Bank of China to a special-purpose financial institution decided by the State Council.