The Strategy Research On Reverse Cycle Supervision Of Banking Industry Under Macro-prudential Framework

The outbreak of the global financial crisis to the impact of the economic is unprecedented, encouraging people to financial behavior model and comprehensive reflection of the financial regulatory system.The cycle of the financial system behavior is to cause financial crisis,at least is one of the main reasons to lead to financial system vulnerability.The banking industry is the financial system periodically the cycle of the main components of the action. Studying the cycle of the banking act causes and easing their behavior and reducing the cyclical behavior brings along the banks of the overall economy cycle adverse impact is the emphasis and the foothold of the paper.The banking industry periodic behavior causes that is not ease of endogenous reason, also with the current capital requirements,a provision requirement,fair value accounting standards and principles and the new capital at city of the periodic potential agreement and regulatory policy caused by external reason has the very big relations.The periodic relief and the establishment of the inverse cycle,be consistent regulatory mechanism that is macro prudent regulatory framework,and an important part of international regulatory reform has become an important content.All the relevant supervisory authorities have in a capital buffer, and a dynamic reserve improvement for the fair value measurement,and amended new capital accord,etc make efforts.However the cycle of banking endogenous factor is very difficult to eliminate,the use of inverse cycle regulatory tools can theoretically produce the periodic relief external cause. Any inverse cycle regulatory tool has shortcomings in practical application and faces various kinds of problems.The determination of reasonable capital buffer in technology is very difficult,and dynamic dial system for there is controversy.Change of accounting standards and the periodic does not change the essence of the economy and these solutions are always debated. Therefore, using inverse cycle tools for supervision is a systematic work. Relevant departments should not only do inverse cycle of regulatory instrument design,but aslo to different tools to the disadvantages of and connection. According to actual condition, selective comprehensive useful and more prudential tools,strengthen risk management capability,while regulators are to improve to economic change and risk chang of sensitive ability.This paper is divided into four parts:The first part of this paper summarized to choose a background and significance, combining domestic and foreign literature summarizes the macro prudent management about the concept and goals and the banking industry cyclical phenomenon and the inverse cycle regulatory strategy.The second part according to the cyclical banking showed the characteristics of the fluctuating period,through the cycle phenomenon,analysis its inevitable inner reasons and the traditional regulation strategies of external factors for the proposed after about the periodic solution lay the basis.The third part on the combination of the periodic release way, absorb the effective opinions and implementation of these measures put forward the difficulties and challenges, and concluded that the corresponding reference.The fourth part according to China's national conditions put forward the framework of macro prudent basic principles. Macro prudent supervision should be coordination with monetary policy to bring into full play the inverse cycle regulatory and macro policy perfect effect.Finally concludes that Chinese banking supervision measures of inverse cycle. This paper innovation significance is the more comprehensive conclusion and analyze the international banking on the solution of the problem the cyclical slow-release measures, and with China's national conditions seeking common ground while putting aside differences, and puts forward the solution of China's banking industry periodic solution to the problem.