摘要
监管沙盒是监管科技的产物,兼顾时间和空间的维度提出新监管思路,在"变"中寻求金融创新与金融安全的平衡。本文对国际监管科技发展现状进行了探索,观察国际监管沙盒实践的新进展与存在问题,思考监管沙盒在国内实施的合理性与逻辑,总结源自西方的监管沙盒与中国的改革试点制度在运行逻辑和理念上的一致性,以及监管沙盒监管与创新协调共进的实质。最后基于中国实际情况,提出我国引入监管沙盒需进行法律授权,可采用"中央-地方"双授权的模式,以正规金融机构和准金融机构为测试对象,"软硬结合"实施消费者保护,增强监管科技的运用,在改革试点的基础上对监管沙盒进行改造升级的优化路径。
Regulatory sandbox is the product of regulatory technology and the new regulatory approach taking into account both time and space dimensions seeking the balance of financial innovation and financial security. This paper discusses international explorations on regulatory sandbox, summarizes progresses and problems, studies the feasibility and logics of introducing sandbox into China, and concludes the consistence between western sandbox and China＇s pilot system of reforming, and sandbox＇s essential feature of coherence between innovations and regulations. Based on China＇s reality, this paper proposes the optimal introducing path of sandbox into China： legal authorization, the model of double authorization from the central and local governments, using formal and semi-formal ？nancial institutions as testing subjects, consumer protections of both soft and hard, enhancing the application of regulatory techniques, and updating regulatory sandbox through pilot reforming.
出处
《金融监管研究》
北大核心
2018年第4期21-39,共19页
Financial Regulation Research
关键词
监管科技
监管沙盒
改革试点
互联网金融
Regulatory Technology
Regulatory Sandbox
Pilot Reform
Internet Finance
