摘要
我国金融监管制度的供给已形成较为成熟的监管架构,同时包括了对很多重点改革内容的持续探索,这些基本都反映了对金融安全和效率的兼顾。在金融进一步改革的过程中,应尤为关注有效金融监管制度的完善。在综合经营和国际化发展的大背景下,一国构建有效的金融监管制度需着力解决好以下四对矛盾:第一是金融系统复杂性与金融监管体制整体性之间的矛盾,即从整体性视角构建适应一国金融市场发展的监管体制,以应对金融系统复杂性;第二是金融系统复杂性与监管制度一致性的矛盾,金融系统复杂性同时要求监管制度的制定应以"监管目标一致性"为标准,保持逻辑内在一致,以减少套利空间;第三是金融系统的动态性与监管前瞻性和谦抑性的矛盾,即金融系统的动态性要求前瞻性的金融监管,但与此同时保持适当的谦抑;第四是金融系统的开放性与监管的国际化和国别性的矛盾,金融系统的开放性既对监管国际化和标准化提出了要求,同时也应重视各国金融市场发展程度不同条件下的国别化监管需求。
China’s financial regulatory system has formed a more and more mature regulatory framework, including a continuous exploration of many key reform issues, which basically reflects the consideration of financial safety and efficiency. In the process of further financial reform, we should pay particular attention to the perfection of the effective financial supervision system. Under the background of comprehensive management and international development, the construction of an effective financial supervision system in a country needs to solve the following four contradictions. The first is the contradiction between the complexity of the financial system and the integrity of the financial regulatory system, that is to build a regulatory system to adapt to the development of a financial market from the perspective of integrity, so as to cope with the complexity of the financial system. The second is the contradiction between the complexity of the financial system and the consistency of the regulatory system. The complexity of financial system also requires that the formulation of regulatory system should be consistent with "consistency of regulatory objectives" and maintain logical consistency so as to reduce arbitrage space. The third is the contradiction between financial system dynamics and regulatory foresight and modesty. That is to say, the dynamic nature of financial system requires forward-looking financial regulation,but at the same time, it should be modest. Fourth, the contradiction between openness of financial system and internationalization of regulation and national character. The openness of financial system requires both regulation internationalization and standardization. At the same time, we should pay more attention to the demand of different countries under different conditions of financial market development.
出处
《东方法学》
CSSCI
北大核心
2020年第2期103-120,共18页
Oriental Law
基金
国家社科基金重大项目“基于国家金融安全的互联网金融立法与国际治理对策研究”(项目批准号:15ZDB175)的阶段性研究成果。
关键词
金融监管制度
国际金融中心
金融安全
监管前瞻性
监管谦抑性
国别化监管
financial regulatory system
international financial center
financial security
forward-looking financial regulation
regulatory modesty
national supervision
