Research On Systemic Risk And Supervision System Of Shadow Bank

The shadow banking system is known as the "shadow financial system" because of its long-term dissociation from the financial supervision system.This concept has been proposed since 2007.Although not a long time,it has become a hotspot in the field of economics and law.With the rapid development of China ’s economy,as a “shadow” of traditional commercial banks,it exhibits unique strong financing functions and credit liquidity,which not only improves the efficiency of the allocation of market financial funds,but also promotes the rapid innovation of our financial market products.It makes up for the financing gap of traditional financial institutions in China’s real economy,and plays an important role in the development of China’s economy,especially private medium and small enterprises.As the organic structure and important territory of the current financial market,shadow banking is clearly no longer the shadow of the past,and its rapid increase in size over the years has shown the importance of the shadow banking financial system in the national economic system.However,behind these powerful financial functions are China’s decentralized shadow banking financial institutions,blind financial profit-making operations,and a large number of fragile,high-risk business operations.The hidden systemic risk transmission Regulatory arbitrage has brought a lot of impact to the current financial supervision system.Therefore,how to better supervise the shadow banking in order to promote the steady and orderly growth of its financial scale has become a difficult and difficult project for the academic and regulatory practice departments in China.In addition to the preface,this article has carried out detailed research in four parts.The first chapter of this article starts from the basic theoretical research of shadow banking systemic risk.First,it clarifies the conceptual characteristics of shadow banking and systemic risk,and then combines the basic concepts of the two to analyze the specific types of current shadow banking in China and trace the source of systemic risk.Cause.The second chapter focuses on the system of legal supervision in China,and studies the systemic risks of shadow banking.First,from the perspective of externality theory and public interest theory,the necessity and rationality of legal supervision of shadow banking were explained,which laid the theoretical foundation for the following research and analysis.Then it pursues from the source to the source and elaborates the dilemma faced by China’s current shadow banking systemic risk supervision system.The third chapter starts from the extraterritorial legal supervision system,deconstructs the reform path of shadow banking supervision in the United States and the United Kingdom,and summarizes the empirical enlightenment behind these reform experience gains and losses.The fourth chapter is based on the previous three chapters,and briefly predicts the future development trends of China’s shadow banking in combination with the macro development direction of China’s economic transition period,and proposes relevant innovations in the legal supervision system based on these trends It is suggested to try to promote the development and improvement of the legal supervision system of systemic risk of shadow banking in China.