Risk Preventionof Shadow Bankingin China

As the world financial liberalization,the shadow banking system has experienced the emergence,development,and has gradually become a modern financial system,an important part.Shadow banking also known as the "parallel banking system",it was first proposed US Pacific Investment Management Company,including investment banks,hedge funds,money market funds,bond insurers,structured investment vehicles and other non-bank financial institutions.It is mainly for loans,mortgage business,primarily through leverage hold large amounts of securities,bonds and complex financial instruments financial institutions.In prosperous economic development,when the shadow banking using its financial products and tools to achieve dramatic returns.But in the wake of the financial crisis in 2008,governments and scholars continue efforts to analyze the root causes of the financial crisis,a lot of the view that a major reason for the last financial crisis,the shadow banking is due to expansion and transition,lack of supervision of the shadow banking system,leading to the financial crisis.So to strengthen the shadow banking supervision has become the consensus of the international community,countries began to focus on a wide range of shadow banking regulation.In China,the development of the shadow banking as fast,and with the development of the shadow banking,which has the risk was exposed.Shadow banks have high leverage,high maturity mismatches,opaque characteristics,the stability of our financial system had impact,our country also draws on the experiences and lessons of the financial crisis,began to focus on the shadow banking supervision,the CBRC held in the above national control television and telephone banking conference,clearly stated that the current focus on prevention to credit default risk,sheet business associate risk,external risk,directly targeting the supervision of shadow banking.And to strengthen the shadow banking studies to provide countermeasures and guidance to China's economic macro-control.On the basis of a brief overview of shadow banking related concepts,we analyze the shadow banking system in all aspects of vulnerability,then according to the actual situation of China's shadow banking development,put forward the corresponding regulatory measures,including improving banking supervision standards,improve the transparency of information the establishment of dynamic risk early warning mechanism,participation in international cooperation in financial regulation,and actively respond to external risks.