摘要
随着中国影子银行规模的快速扩张,相关金融风险也在不断积累。2017年以来,金融业"强监管、严监管"态势将影子银行相关风险防范推向防范化解金融风险攻坚战的中心。本文从影子银行的定义出发,通过梳理主要研究文献,归纳了中国影子银行运作的主要特征,分析了其主要风险来源,且进行简要规模测算,同时也梳理了针对影子银行的重要监管政策。研究发现中国影子银行主要依托于银行体系,体现为显著的"银行影子"特征,其带来的信用风险和流动性风险较为突出,是系统性金融风险的重要隐患。原有监管体系的相关空白导致前期影子银行的无序生长,而随着金融监管趋严和协调力度加大,目前我国影子银行的规模已经开始逐渐收缩。未来应该继续多措并举治理影子银行,推动其逐步转型和良性健康发展。
With the rapid expansion of China's shadow banking,the related financial risks are also accumulating.The“Strong Supervision and Strict Supervision”imposed on the financial industry indicates the related risk prevention of shadow banking has become the center of the prevention and resolution of nancial risks since 2017.This study analyzes the main sources of China's shadow banking risk,conducts a brief size measurement,and also sorts out the important related regulatory policies.The paper nds that China's shadow banking relies on the banking system,which is re ected in the signi cant feature of“the shadow of the banks”,and the credit risk and liquidity risk brought by it are more prominent,which can be regarded as the hidden systemic risk.Furthermore,the disorderly growth of the shadow banking in the early stage caused from the related blanks of the original regulatory system.However,the scale of China's shadow banking has begun to shrink for tightening supervision and increasing coordination.In the future,China should continue to take measures for controlling and promoting the transformation and healthy development of shadow banking.
作者
廖儒凯
任啸辰
LIAO Rukai;REN Xiaochen
出处
《金融监管研究》
CSSCI
北大核心
2019年第11期68-83,共16页
Financial Regulation Research
关键词
影子银行
银行影子
规模测算
通道业务
Shadow Banking
the Shadow of the Banks
Size Measurement
Channels
