银行业金融机构交叉金融业务风险调查研究

A Study of the Financial Risk of Banking Cross-financial Business

近年来,伴随着我国经济的快速发展和金融体系的不断丰富,我国金融业混业经营趋势不断扩大,跨行业跨市场交叉金融业务快速发展,虽然在一定程度上满足了客户多元化的融资需求,但由此带来的监管套利、风险叠加等问题也日益突出,特别是大量银行资金借道流向了限制性领域,给宏观政策的效果带来负面影响。因此,有必要对交叉金融业务的发展动因、业务模式、风险特征等开展深入的研究,进一步完善监管体系。本文在参考相关监管文件和研究成果的基础上,明确了交叉金融业务的定义和类型,分析了交叉金融业务发展的基本情况和业务特点,剖析了银行业交叉金融业务发展的七个动因,梳理了当前存在的交叉金融业务主要模式,并结合监管实践对银行业金融机构交叉金融业务存在的潜在风险和问题进行了总结分析,最后立足监管角度提出了针对性的监管建议。

With the rapid development of China＇s economy and financial system, the cross-financial businesses are expanding fast, which satisfies the diversified demands of customers, but with the problems of regulatory arbitrage and risk accumulations. In particular, the flowing of funds towards restricted areas brings negative impacts on macro-economic policies. It is therefore necessary to study the motivations, business models, risk characteristics and propose to perfect the regulatory system of cross-financial businesses. Based on regulatory documents and previous studies, this paper first defines cross-financial business from four dimensions, then analyzes the basic features and situations of cross-financial business, discusses seven motivations of banks to develop cross-financial business, and summarizes main business models, the potential financial risks and problems. Finally, this paper proposes several suggestions from the perspective of regulators.