论金融监管中的结构性套利

金融企业为了降低净监管负担 ,将金融经营活动在不同监管机构负责的领域之间进行转移 ,从而获取结构性的套利。这种套利行为是一种长期动态的过程。监管者采取的是加强监管协调 ,还是扩大监管竞争的行为选择 ,对金融企业的结构性套利有不同影响 。

In order to lower net regulatory burden, financial enterprise divert their management among different regulatory organization, thereby acquiring structural arbitrage. Such arbitrage is a long dynamic process and can be influenced by lots of factors. The choice of strengthening regulatory coordination or in competition with themselves among regulatory organization will have different influence on financial enterprise' arbitrage, we can recognize this from various angles according to lots of factors.