论国际金融监管改革的最新进展:全球金融市场LEI系统的构建

On the Recent Development of International Financial Regulation Reform:The Establishment of Global LEI System for Financial Markets

2010年11月,美国基于金融监管改革的需要率先提出了为美国金融市场构建LEI系统的设想。这一设想为推进国际金融监管改革,特别是构建统一的国际金融监管框架提供了新的思路。此后,美国在G20框架下通过金融稳定委员会积极推动全球金融市场LEI系统的建设。由美国主导的全球金融市场LEI系统的构建一方面代表了国际金融监管改革的主要方向,另一方面也将对广大新兴市场以及发展中国家产生复杂的影响。该系统的构建是一个复杂的系统工程,其在操作层面还需要解决一系列的问题。中国应当积极参与该系统的构建,在国际金融监管改革进程中发挥更大的作用。

In November 2010,the idea of establishing a LEI system for financial markets was proposed by the U.S.,purely based on the necessity of financial regulation reform in the U.S..However,the idea inspires the reform of international financial regulation,especially the construction of unified international financial regulation framework.Thereafter,the U.S.has been pushing the establishment process of global LEI system through the framework of G20 and FSB.On the one hand,establishment of LEI system which is dominated by developed economies stands for the direction of international financial reform;On the other hand,the EMDEs have been affected in a complex way.The establishment of LEI system is complicated and faces several problems.China should actively take part in the process of LEI system establishment,and try to play a much more important role.