信用评级机构独立性研究——以上海国际金融中心建设为背景

Independence of Credit Rating Agency ——From the Background of Constructing Shanghai International Financial Center

信用评级机构是上海国际金融中心建设的一个重要内容,但是目前信用评级机构独立性不强是最主要的问题,原因来自三个方面:信用评级机构的形成和发展受制于行政力量、信用评级市场受控于美资以及发行人付费的模式存在不合理之处。因此,在构建信用评级机构独立性框架时,建议中央政府以上海为试点,整合国内信用评级市场、改变监管模式、遏制外国资本对中国市场的渗透,同时完善以中国人民银行为主体的信用数据库,强化信用评级机构的内部管理和自身竞争力的建设。

The credit rating agency is one of the important contents in constructing Shanghai International Financial Center,but at present,that the independence of credit rating agency is not strong is the main problem,and the causes are followed： The form and development of credit rating agency are limited by administrative power;The market of credit rating is controlled by American capital;The distributor＇s payment model is unreasonable.So when constructing the independent frame of credit rating agency,we suggest that the central government take Shanghai as a trail,and integrate the domestic credit rating market,change the supervision model,restrain the interpenetration of foreign capital to Chinese market,and at the same time,perfect the credit data which takes People＇s Bank of China as main body,strengthen the inner management and competition construction of credit rating agency.