论基于责任机制的金融道德风险法律规制

Regulation of Law on Financial Moral Risk:Based on Mechanism of Responsibility

金融道德风险严重是当今世界金融领域的严峻现实。金融道德风险源于风险行为人对自己不承担全部风险后果的预期。因而,打破该预期的风险责任机制是规制金融道德风险的契入点,而金融道德风险的责任又包括风险行为责任和风险损失责任。金融道德风险的法律规制,包括事前警慑、事中制衡和事后追究的法律制度,是法律以其权威和强制性对金融道德风险行为及风险心理进行遏制和约束。其中,法律对于金融道德风险责任的追究,既起着补偿损失以维护金融市场的公平、惩罚违规以体现法律之正义作用,更能衍发和派生出法律对风险行为的心理警慑。

The serious financial moral risk has been an austere reality in today＇s world.Financial moral risk origins from the anticipation that risk actor won＇t assume all the consequences of risk.Therefore,it is the point of penetration to break that anticipation by Risk responsibility mechanism.While responsibility of financial moral risk,includes responsibility of risk behavior and responsibility of risk loss.Regulation of law on financial moral risk,which includes warning in advance,supervision in mid-event,penalization after the event,is the controlling and restriction on financial moral risk behavior and risk mentality by authority and forcibility of law.Penalization on responsibility of financial moral risks,plays a role of compensation for losses to maintain fair market and embody legal justice,also originates mental fearfulness on risk behavior by law.