Research On The Risk Supervision Of Shadow Banking From The Perspective Of Financial Technology

Shadow banking was a new term that emerged after the US subprime mortgage crisis that broke out in 2008.When the scholars studied the root causes of the crisis,they discovered that this “gray zone” that was beyond supervision was one of the important factors that induced the crisis.With the continuous improvement of China's financial system,the trend of diversified financial development and comprehensive management has become increasingly apparent.The traditional financing pattern has undergone profound changes.Financing channels outside the banking system have played an important role in social financing.Shadow Banking has grew fast.However,due to the fact that the shadow bank is detached from the financial supervision system,the risks that it may cause cannot be controlled.This problem has caused the financial supervisory department to attach great importance to it.In the reason that supervision is relatively in vacancy,how to find a supervision method that meets the financial innovation characteristics of shadow banking is particularly urgent.Starting from the perspective of financial science and technology,this article firstly defines the main concepts of shadow banking,shadow banking crisis and financial technology,then reviews the achievements of domestic and foreign research in these areas.Based on the review,it analyses the development status of financial technology and shadow banking.And the characteristics were sorted out,and summed up the shadow bank's current major risks,regulatory models and major regulatory issues.In order to demonstrate the necessity of shadow banking risk supervision,this paper uses the analytic hierarchy process to evaluate the main risks that shadow banking may cause.Based on the empirical findings,through comparative analysis of the related experience of the UK,the United States,and other developed countries and international organizations in the use of financial technology to supervise shadow banking,we explored areas for reference.In response to the issues reflected in the study,the actual path of using financial technology to supervise shadow banking was put forward.The results of the study indicate that shadow banks currently face problems such as inadequate supervision,low regulatory efficiency,and lagging regulatory models.At the same time,the empirical results show that the weighting of shadow banking risk indicators is: economic risk,credit default risk,liquidity risk,regulatory arbitrage risk,and fiscal risk.In this regard,the use of financial technology is an effective way of solving these problems.After learning from the regulatory experience of other countries,it was found that the regulatory authorities can use block chain technology to cope with shadow banking credit risk;use big data and cloud computing to supervise shadow bank market risk;use artificial intelligence technology to control shadow banking to monitor arbitrage risks,and to finance How to apply technology to shadow banking supervision for further exploration.