影子银行的内涵及运行机制分析

The Connotation and Operating Mechanism of Shadow Bank System

从三个角度界定我国影子银行的内涵,对比中外影子运行机制,得出我国影子银行的特殊性。研究发现,我国的影子银行运行流程和国外影子银行存在很大的差异性,我国的影子银行和传统银行存在千丝万缕的关系,系统性风险仍不容忽视,在影子银行的监管上更应采取宏观审慎政策,实行功能性监管,使其规范运行。

This article firstly defines the connotation of shadow banking in China from three perspectives,compares shadow banking operation mechanisms at China and other countries,and concludes the particularity of shadow banking in China.The study found that there are great differences between China’s shadow banking operation process and foreign shadow banking.China’s shadow banking and traditional banks are inextricably linked,so the systemic risks cannot be ignored.The supervision of shadow banking should be adopted a macro-prudential policy and implement functional supervision to standardize its operation.