欧盟金融体制镜鉴与引申

Mirror of EU Financial System and Its Extension

欧盟在金融危机和主权债务危机爆发后采取了一系列重大金融改革措施,包括建立流动性防火墙、设立成员国危机救助机制、创新货币政策工具等危机应对和管理措施,以及新设监管机构、加强宏微观审慎监管、建立单一规则手册、建立银行业联盟等金融监管改革措施。欧盟金融体制改革的理念和措施对我国具有重要的借鉴意义,我国应当注重商业银行体系流动性管理,创新货币政策工具,加快建设存款保险制度和银行破产清算制度进程,同时警惕我国经济去杠杆化进程中的债务风险。

After the outbreak of the financial crisis and the European sovereign debt crisis, the EU has launched a series of important financial reforms, including both crisis management measures and financial regulation measures. The former mainly consists of the creation of liquidity firewall, the setup of member states rescue mechanism and the innovation of monetary policy tools; while the latter comprises the enhancement of macro and micro prudential supervision, the establishment of a single rulebook and the creation of a banking union. Both the reform concepts and measures are of important reference to China. China should pay more attention to liquidity management of commercial banking system, innovate monetary policy tools, accelerate the construction of deposit insurance system and bank resolution system, and be wary of debt risk during the process of deleveraging.