我国信用评级业监管研究与监管体系构建

Supervision on Credit Rating Industry and Establishment of Supervision System in China

信用评级有助于解决信息不对称和委托代理问题,但是由于信用评级具有准公共产品特性及内在的利益冲突,仅靠自律及市场机制难以保证评级机构的独立性及评级的质量,因此,西方发达国家特别是欧盟强化了对评级业的监管。本文借鉴欧盟的做法,分析了目前我国评级业监管中存在的问题,就构建符合中国特色的评级业监管体系提出对策建议。

Credit rating can help solve the problems of information asymmetry and agency by agreement.But as credit rating has the features of a quasi-public product and the intrinsic interest conflicts,it is difficult to guarantee the independency of rating agencies and the quality of credit rating with only self-discipline and market mechanisms.Thus,the developed countries in the West,especially the European Union,have strengthened their supervision on credit rating industry.This article takes the European Union as an example,analyzes the existing problems with China＇s supervision on its credit rating industry,and makes some suggestions on establishing a system of supervision on credit rating industry with Chinese characteristics.