Research On The Shadow Banking Supervision In The Post-crisis ERA

The subprime mortgage crisis broke out in2007, brought a huge hit to theeconomy of the United States,even the world economy.The shadow bankingsystem,as exercising partial functions of bank and out of the regulation,it is critieizedas the initiator of the financial crisis.So the shadow banks attracted attention of theacademic. The purpose of this study is researching on the origin and development ofshadow banks and the development trend of supervision of the world’s majoreconomies.Investigating the role of the shadow banking system in economicdevelopment starting from the supervision theory,and comparing the supervisionmeasures of shadow banks of each country before and after the the outbreak of thefinancial crisis, Combineing the current main difficulties and problems faced by ourshadow banking supervision, for example the regulatory legal system is not perfectand lacking of independence,unscientific measure of the shadow bankingrisks,financial regulation lags behind financial innovation and the lacking supervisionof private lending,underground banks and other shadow banking.Than summaryingand taking example by the experience of developed countries, putting forwardeffective countermeasures and suggestions to our shadow banking supervision,forexample makeing the legal system of shadow banking supervision better,strengtheninformation disclosure system,improve the monitoring system of the shadow bankingrisks,effective supervision on financial innovation and strengthen cooperation amonginternational shadow banking supervision and so on.First of all, In the first part of this paper,I introduces the background andsignificance of the topic,and briefly elaborates some important research results andresearch idea of the domestic and foreingn scholars in related fields.Than the articleexplained basic principles and theories of the shadow banking system and describedits origin,development process and its impact on the economy. Then,it analyzed thesupervision mode of each country,take the supervisionof shadow banking of United States, Britain, Japan supervision as an example,especially before and after the crisisAnd briefly analyzed the existing regulatory problems and the commonlarities.On thisbasis,I take a brief overview of the shadow banking of ours,and analysis of its currentdevelopment,than found that there are many problems of the shadow banking in thedevelopment process.Finally combining the status quo of China’s shadow bankingsupervision, putting forward some suggestions and opinions on China’s shadowbanking supervision,aiming to find a regulatory Road which is suitable to the Chineseconditions,and lay a good foundation for China’s economic health,stability anddevelopment in the post financial crisis era.