The Assessment And Supervision Of Systemically Important Banks In China

After the global financial crisis in 2008, more and more people found that banks, insurances and other large financial institutions had become a key factor for the crisis. The people generally recognized that, in international and national scope, some financial institutions because of large scale, strong network, complex business, involving a wide range of features and functions can not be replaced. There are the so-called "too big to fail" and " too-interconnected-to-fail " Systematically Important Financial Institutions(SIFIs). Identification and supervision of systemically important financial institutions, has become an important content of the reform of the international financial supervision. It is an inevitable choice to strengthen the regulation of systemically important financial institutions to reduce the financial crisis.Given banks were an important position in China’s financial system and economic society, the author try to study the domestic systemically important banks as the breakthrough point, strengthen the importance of bank supervision system to reduce the systematic risk of the entire financial system, maintenance the stability of the financial system, and so on. Firstly, the author summarizes the research related the systemic risk and systemically important banks supervision, extends the issue on regulation of systemically important banks. Secondly, the author assesses systemic risk of individual banks as China domestic systemically important banks based market data.Thirdly, based on a series of systematically important banks or financial institutions evaluation standards, combines with the Chinese domestic banks’ characteristics, the author establishes the index system of domestic systemically important banks on the scale, the degree of correlation, the alternative and the complexity. Then, the author amends the index weight by the contribution. Finally, the author verifies the effect of the existing main supervisory indicators of commercial banks to the contribution.