Study Of Governmental Regulation Of The Shadow Banking

In recent years, with the rapid development of the national economy, on the one hand the growing accumulation of wealth in the hands of the residents are faced with negative interest rates of deposits, stock market volatility and uncertainty in the gold market, in the hands of residents eager to find idle funds and increasing the value of the channel. On the other hand, the real economy booming demand for funds increasingly strong, the banking system to provide liquidity is very limited. So many social needs, and promote the rapid development of China’s shadow banks.As a product of the shadow banking financial innovation, to provide liquidity to the community in addition to regulation, is a useful supplement to traditional financial institutions. However, the high leverage has its own, non-transparent and so the risk of property, it has raised the risk of systemic risk.Since 2008 the United States broke out of the shadow banking triggered by the subprime crisis, the global economy into turmoil. China’s domestic, although not been a huge hit from the crisis, but the financial risks caused by the shadow banking system has attracted wide attention. Such as a bank-balance-sheet financial products can not be honored, p2p financing platform escaped fled, some to private lending funds strand breaks into a national debt default and other shadow banking triggered by negative reports frequently seen in the media.With this paper, the theory of public management expectations for the shadow banking supervision in the functions of the government study, the researchers found that the presence of the shadow banking supervision unclear allocation of responsibilities, such as regulatory, institutional construction is imperfect, regulatory authorities attribute to inadequate publicity shadow banking risks and other issues. After analysis of the developed economies of Europe and the shadow banking regulatory evolution, combined with China’s actual situation, to make a few improvements to government regulation countermeasures and suggestions, hoping to improve government regulation of the shadow banking, improve the quality of the regulatory authorities to perform their duties to provide useful references.