Abstract:The traditionally regulatory model behavior has been the main way to prevent the world’s financial regulators from the systemic financial risks. However, the complexity of the financial market has brought a great obstacle to the implementation and effect of this model, a complex with a variety of financial institution financial network nodes constituting the network is formed of a complex “tight coupling” structure, resulting in liquidity risk transfer is also greatly enhanced. Due to the characteristics, it produces a “butterfly effect”. Therefore, in post-financial crisis era, regulatory agencies are not always in the urgent need to find a more flexible risk behavior and the structure of the regulatory model to be able to maintain financial system stability, so as to achieve its regulatory objectives in modern complex financial network.