| The vigorous rise of the financial science and technology industry has accelerated the development of the industry.The application of a series of new technologies,such as the Internet,cloud computing,big data,biometrics,artificial intelligence and blockchain,has brought unprecedented opportunities to financial innovation,while improving financial efficiency and enriching financial products,it has also brought about the generalization of financial risks,and the traditional way of supervision with command and control as the core is usually "crisis type" The product of legislation and regulation,as the key free trade zone financial policy of China’s financial system reform,encourages financial innovation,and the new technology reconstructs the financial service mode,process,product and other activities,but also has many negative effects,which give rise to financial risks.Regulatory technology came into being,and the emergence of financial science and technology and regulatory technology is the inevitable result of the development of science and technology and the expansion of the Internet into the financial industry.Blockchain technology and supervision science and technology is the frontier of the development of new financial technology,while promoting the progress of social technology,the practical application is also faced with a series of legal problems and obstacles,blockchain technology in changing the legal establishment of the authority of the way,at the same time,in the areas of rights and interests,real rights transfer,intelligent contract formation and other fields,Pose challenges to the current legal system.How legal supervision changes the relative passivity and catch-up state of financial innovation is imperative for the transformation of financial supervision paradigm.Although regulators have introduced a series of regulatory regimes,there is still a lot of room for improvement,and it is difficult to keep up with the pace of technology development.Drawing on international experience,it is of far-reaching significance to maintain the long-term stability of China’s financial market to construct the macroscopic prudential supervision system from the perspective of financial innovation and financial supervision in the free trade zone.In a period of time,the free trade Zone financial Science and technology supervision,in the regulatory model,regulatory concepts,regulatory paths,regulatory laws,coordination mechanisms and so on to have some exploration.To improve China’s financial supervision to play a good role in promoting,the future regulatory model means to innovate the regulatory paradigm,the use of regulatory technology,the construction of regulatory laws,improve laws and regulations,to demonstrate the inclusiveness of the law.We should improve the establishment of a multi-departmental coordinated regulatory mechanism to achieve the sharing of regulatory data.and through the Scientific monitoring Index system to build an effective risk early warning system,in the regulatory establishment,should be in the central bank led mode,to enhance the implementation of the Financial Stability Board supervision power.How to construct the macro prudential supervision system of the free trade zone with reference to international experience is of far-reaching significance for maintaining the long-term stability of China’s financial market. |
