| Since 2000,the U.S.and international financial markets have experienced extreme prosperity,and the new thing in the financial system of shadow banking has also experienced explosive development.However,shadow banking institutions and businesses show the characteristics of high leverage operation,breaking through the traditional business boundary,excessive financial innovation and imperfect information disclosure to avoid financial supervision,which increase the risk hidden dangers of the financial system,and may even lead to systemic risks and affect the financial stability of the country.Especially in 2008,in the world financial crisis caused by the outbreak of the subprime mortgage crisis in the United States,the shadow banking system has shown considerable destructive power and influence.How to supervise the shadow banking system has gradually attracted academic discussion and high attention of the regulatory authorities of various countries,and has been put on the important agenda.In recent years,China's shadow banking system is in a state of rapid development.After a period of rapid growth,the overall scale and growth rate of shadow banking has played a very important role in China's economic and financial system.Compared with western developed countries,China's shadow banking institutions and businesses started late,and their forms and complexity are not as complex and diverse as those of western countries.At present,the overall risk is controllable.Moreover,shadow banking has played a positive role in filling the gap in the business field of commercial banks,enriching the investment and financing means of ordinary residents,and expanding the financing channels of the real economy.But at the same time,the risks and destructive power of shadow banks exposed in the last financial crisis are also vividly remembered.Therefore,when we study and analyze the problem of shadow banking,we should stand on the objective and dialectical position,not only clearly recognize the risk of shadow banking itself,but also fully affirm the positive role of shadow banking in the financial system.In this paper,the regulatory authorities and academia on the shadow banking point of view were combed,and the understanding of the concept and characteristics of shadow banking was analyzed in depth.Combined with the reality of our country,based on the characteristics of shadow banks highly attached to commercial banks,this paper classifies shadow banks in our country,summarizes the existing forms of various kinds of silver banks,and analyzes their functions in the economic and financial system of our country.Taking the typical shadow banking business of bank financial products as an example,this paper analyzes the impact of strict regulatory measures such as new regulations on asset management on bank financial services,points out the risks that still exist in the banking financial services,and then pushes forward the risks of shadow banking in China and the problems in the supervision.Then,the paper summarizes and refines the policy measures,implementation effects and deficiencies of shadow banking supervision in recent years,such as the new regulations on asset management,and summarizes and compares the experience measures of shadow banking supervision in developed countries and economies such as the United States,the United Kingdom,the European Union and Singapore.On this basis,combined with the characteristics and work practice of our shadow banking system,it focuses on the prevention of shadow banking style From two aspects of insurance and promoting the standardized operation of shadow banking,this paper puts forward relevant opinions and suggestions on Further Strengthening the supervision of shadow banking in China from the following aspects:clarifying the supervision position,delimiting the supervision scope,carrying out statistical monitoring,preventing regulatory arbitrage,improving the construction of laws and regulations,strengthening supervision coordination and strengthening information disclosure. |
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