The changes of the financial structure are the result of the country's financial innovation. The financial innovation results in the changes of the financial institution business scope, organization structure, financial instrument, financial products. This situation leads to the changes of the country's microeconomic structure and finally influences the country's macroeconomic structure. It forms the changes of the country's financial structure, then the changes of the financial structure lead to the direction of the country's financial regulatory system. From the perspective of the financial structure, the paper investigates the course of the international financial regulatory system, and from the macro level the paper concludes the law of the changes of the international financial structure and financial regulatory system. It aims to give some meaningful implications and specific suggestions to China's financial regulatory reform at present. <<