系统性金融风险的国际监管路径初探——兼论《新巴塞尔协议》防范系统性风险的漏洞与弥补

On International regularity Method of Keeping Away Systemic Risk——On the Loopholes and Remedy of Systemic Risk in BaselⅡ

次贷危机爆发后,《新巴塞尔协议》防范系统性风险存在漏洞已成为不争的事实。目前国内对于系统性金融风险的产生和蔓延等问题研究不足,但宏观经济监管的全球化协作趋势已经很明显,防范系统性金融风险的协作与努力已经势在必行,国内需要金融改革,国际需要监管协作并通过国际协商建立一套事前的、系统化的、国际化的监管体系,而这一切努力的前提在于对于系统性金融风险有一个深刻而清晰的认识。

After the outbreak of the second loan crisis, it is now established that Basel Ⅱ has loopholes on keeping away Financial Systemic Risk. Basel Ⅱ enhances the homogeneity of International financial market an increases the systemic risk in the international financial system to some extent. In face of the glowing distinct trend of global macroeconomic, it is far from enough that financial reform only pursuits interiorly. We must be focus on institution and legislation reform on the international level and establishment of an array of ex ante, systematic and International regularity method.