| Since America broke the subprime crisis, financiers and regulators began to pay close attention to the risk of the shadow banking system. China’s shadow banking system, compared with foreign products, the structure is relatively single, not enough to trigger a systemic financial risk. But in recent years its size has developed rapidly, the risk in the shadow banking system has revealed gradually. The development of the shadow banking is the development of financial innovation. Treating shadow banking risk correctly and timely risk prevention is helpful for it playing function, to promote China’s financial innovation and maintain financial stability is of great significance.The paper is divided into four chapters, which are structured as follows:The introduction discusses the background and meaning of the paper and combs the literature about the shadow banking system from the domestic and foreign scholars, which includes the definition of the connotation of the shadow banking system, the risk and supervision of shadow banking systems, together with the connotation risk and regulation of Chinese shadow banking system, which provides a theoretical basis for later analysis.The first chapter introduces the general theory of the shadow banking system, including the concept of the shadow banking system, the type of risk and regulatory measures. We analyze several risk of the shadow banking system, which provides some theoretical basis for the studies on the Chinese shadow banking risks.The second chapter analyzes the risk of Chinese shadow banking system. Firstly, the chapter introduces the connotation, composition and function of Chinese shadow banking system. Secondly, it analyzes the three main forms of Chinese shadow banking system, including the reasons and the status of its development. Finally, combined with the reality of China’s current economic development, I adopt the mode of the combination of qualitative and quantitative to analyze the risk and influence of the shadow banking system itself.The third chapter analyzes the current situation of China’s shadow banking system supervision and its existing problems. First we introduced some regulatory filings since Chinese regulators appeared and issued some regulatory documents so that we can grasp our ideas supervision and regulatory directions. Then I propose regulation problems according to the financial risk existing in the development of the economy.The fourth chapter I put forward some suggestions to prevent risk of the shadow banking system. Mainly from two point of view of the shadow banking institutions and regulators themselves. On the one hand we should start to improve supervision of the shadow banking system to solve the current regulatory problems and strengthen external supervision, on the other hand we should strengthen internal controls to prevent risks according to their risk characteristics of the shadow banking system. |
