Research On Risk Supervision Of Shadow Banking System In China

After the subprime financial crisis in 2008, the shadow banking system has been the financial research focus. It’s potential risk and scale, form and the trend of continuous development and operation which can not be ignored. According to FSB statistics, the shadow banking’s scale has reached 73 trillions of dollars in 2012, and is three times as much as2002’s. The rapid development of the shadow banking has brought vitality to China’s financial market, strengthen the financial service function, increase the liquidity of financial markets,improved the profitability of commercial banks. However, the shadow banking’s high leverage, maturity mismatches, vacuum supervision and so on, brings huge risks to the financial development, stability and macroeconomic operation. Based on the above background, draw lessons from the international society of the shadow banking system innovation of financial supervision theory and practice, and combined with the actual situation of the development of China’s financial market, is of great significance to perfect and improve the system of risk supervision of the shadow banking system in china.First, give the definition of shadow banking system, summarized the general characteristics of its, and complete the development process of the shadow banking system and its significance for the financial system, and carried out the related theory of shadow banking system. On this basis, further summarized the main forms and status of performance of China’s shadow banking system, analyzes the special characteristics and regulation of China’s. Taking USA, UK, EU and G20 the financial Stability Board for example, comparised and analysised of international social organizations on the regulatory framework and reform measures of shadow banking system, to further improve the theoretical study of the shadow banking system, and providing guidance to the financial regulation. Then, starting from the perspective of limited rationality hypothesis, evolutionary game model is established betweenthe non bank financial institutions and regulatory authorities. And achieved the effectively reducing the high risk of illegal operation of excitation conditions is to reduce the high risk business income and increase supervision punishment. Also, realize the effective supervision of excitation conditions is to reduce the regulatory costs, increase revenue and the due diligence supervision dereliction of punishment. Finally, puts forward suggestions aiming at the existing problems in Chinese shadow banking supervision.