Over the past few years, private banks are developing steadily, especially for small and micro enterprises. However, bank regulation has become a difficultly in the development of private banks. Anbound research team believes that regulators should control the different stages of supervision. First, there is the need to let the private banks to develop, mobilizing private financial resources. Second, the development of private banks needs to be guided and the risk management needs to be strengthened. High risk standards of large and medium-sized banks management strategy are not applicable to these new private banks, which will only stifle the development of private banks. At present, the regulatory is transitioning from the first stage to the second stage; in order to really let private banks showcase their potential, the regulations must be improved from time to time.