Abstract-China's financial supervision mode has no effective supervision for cross-sector innovative financial organizations or products. This paper wants to solve the regulatory gap, regulatory duplication and regulatory conflicts by establishing and improving the financial supervision coordination legal systems. The measures mentioned in this paper are clarifying the supervision coordination system with the People's Bank of China as the initiator and identifying rights and functions of the initiator; improving the financial supervision information sharing system, establishing the unified financial supervision information center and introducing operation rules for information sharing; establishing the financial supervision coordination system at the central and local level. During the construction of the financial supervision coordination system, the initiator system, the financial stability supervision committee, and the information collection and sharing system should be put in place. This paper can provide valuable references for China's legislation of financial supervision coordination or formulation of Methods for Financial Supervision Coordination.

The independent director system is one of the important components of modern corporate governance. The huge liability of independent directors in the Kangmei Pharmaceutical case in 2021 has once again become a hot topic of discussion. In the exploration of the causes of the failure of the independent director system, the motivation of independent directors to perform their duties and their incentives are also worth considering. Based on the relevant theories of independent director incentives, this paper conducts a comparative analysis of the incentive models of independent directors in China and other countries and concludes that the legislative level of incentives for independent directors in China is relatively low, and the remuneration forms, standards, and payment subjects are unreasonable and lack implementation. In addition, the establishment of independent directors’ associations and the gradual construction of independent directors’ reputation incentives were proposed.

As an emerging inclusive financial model, network mutual aid has a wide range of beneficiaries and low risk protection threshold, which can satisfies the healthcare needs of the long-tail people excluded by traditional insurance. However, these risks like financial risk, information risk, operation risk and other hidden risk are induced due to network mutual aid platform unified legal nature and imperfect regulatory system. We should build a sound regulatory system, clarify the network mutual platform regulatory agency, take the protection of consumer interests as the basic value and rely on the principle of transparency to strengthen the platform information disclosure obligation. Meanwhile, It is necessary to improve regulatory capabilities and promote development of network mutual aid platforms by actively adopting innovative concepts such as regulatory technology and inclusive supervision.

Abstract-Internet finance has gone through the process from the indulgent free development to the regulations, and the governance and institutional arrangements based on the nature of Internet finance shall be understood authentically. In order to solve the problem of the missing legal system to regulate the Internet Finance field, it is urgent to reshape the concept of rule by law and restructure the system. The measures to the regulation development of Internet finance and the institutional arrangements in the future is to pay great attention to the supervision and division of Internet finance and functional supervision's realization, Internet financial risk and platform business integration, the consumer protection and path of Internet finance as well as the relationship between Internet financial information disclosure and buyer's bewaring. It is essential to make a discussion on the key problems in the Internet financial development.