Countermeasure Research On Shadow Banking Governance In China

Since the financial crisis has lasted nearly five years, the global economy has already paid the huge price, yet the economic and social effect and profound influence that the crisis brought about has not been fully revealed, the global economic environment is complicated, and there are still some unstable and uncertainty factors, future is unclear. With the acceleration development of research on the global financial crisis, a new financial term- the shadow banking system gradually emerges. Experts and scholars generally believe that the development of the shadow banking and accompanied by a series of problems led to the outbreak of the financial crisis, and lax supervision is the root cause of the financial crisis.The shadow banking system began in the financial liberalization since the seventies of the 20 th century, then developed rapid, and thus become an important part of the modern financial system. In developed countries, the shadow banking system of large scale of financing, is more than the traditional banking system in the end of last century, its structure is complex and highly associated with each other, the exercise of the key role of the bank, and has the characteristics of various forms, high leverage, functioning hidden and it free of sight in the monetary authorities and regulatory authorities. Shadow banking in our country, the development of the time is not long, but there is a large impact of shadow banking in our country on the macro economy, the development of China’s shadow banking system has become a problem we cannot avoid. At present, the shadow banking system is an important way of social financing in our country, and it is the main financing channel of the small and medium-sized enterprise in our country. Due to the shadow banking system has the characteristics of cross-industry, cross-regional, its extensive correlation makes the potential systemic risks of shadow Banks have more destructive. After the global financial crisis, the future of the shadow banking becomes a hot topic in the financial industry to discuss.This paper divided into six chapters: the first chapter is introduction; The second chapter is the summary of shadow banking; The third chapter is the analysis of the current situation of the development of China’s shadow banking; The fourth chapter introduces the experience and reference of foreign countries about shadow banking governance; Chapter five countermeasures and suggestions for the issue of governance shadow Banking in China; The sixth chapter is conclusion and prospect. Take the current development and the current situation of regulation of the shadow banking as the background, this article obtains the related basic theory of shadow banking, using the method of historical analysis, comparative research, studied the developing course of shadow banking, the present situation has carried on the thorough analysis, clear the shadow Banks on the basis of rapid expansion in China and the reasons. Combined with the actual situation of China’s shadow banking system, we analysis the main measure for shadow banking in our country and the difficulties existing. And through the analysis of draw lessons from foreign shadow banking regulatory reform relevant experience and lessons, to speed up the reform of China’s financial regulatory suggestions and opinions, we put forward to perfect relevant legal system to guide the shadow banking standardization development, regulators should shift concept, improve and establish a new regulatory system, strengthen the crackdown of harmfulness of shadow banking, strengthen the constructive measures such as the whole society’s awareness of risk.