国际证券市场监管制度演化对我国保险监管的启示

本文在全面考察证券市场监管制度发展历史的基础上,对最近十多年来关于证券监管和保险监管的主要文献进行了较为详细的评述,借助制度经济学和演化经济学的分析框架对证券市场监管制度的演化进行了分析,也对证券监管与保险监管的关系进行了剖析。认为混合监管将成为我国保险监管制度设计的主导理念;完善信息披露制度建设是我国保险监管亟待解决的难题;严格监管是我国保险监管制度设计必须坚持的主要理念。

This paper made a full research on history of securities market regulation and a thorough elaboration on market literature on securities and insurance regulation in the last decade. It analyzed evolution of securities market regulation on the basis of system economics and evolution economics, and uncovered the relationship between securities regulation and insurance regulation. The paper arrived at the opinion that composite regulation will become the mainstream concept on insurance regulation. It further pointed out that improving information disclosure system was an urgent issue to be tackled by the insurance industry in China and stringent regulation should be the basis for all regulatory policies and roles.