论金融科技监管的创新向度

On the innovation dimension of fintech regulatory

科技创新的变革使得新兴金融科技企业发展出了以“数据”为核心、以“网络”为平台、以“算法”为驱动的新型商业化模式,推动了金融产业的变革。金融科技作为传统金融需求与新一代信息技术相结合而衍生出的全新金融服务类型,可以有效减小金融交易成本,推进普惠金融的发展。但金融科技自身的一系列特质也给金融监管机关的监管模式带来了诸如算法与数据的“模型风险”、对法律保护价值的潜在破坏、去中心化交易的系统风险等方面的挑战。因此,我国金融监管部门唯有转变监管思路、引入新的监管工具、采取新的监管方法,才能有效预防金融科技产生的系统风险,促进金融科技产业的健康发展。

The revolution of scientific and technological innovation makes the emerging fintech enterprises develop a new commercial mode with“data”as the core,“network”as the platform,and“algorithm”as the driver,which promotes the revolution of the financial industry.As a new type of financial service derived from the combination of traditional financial needs and the new generation of reformation technology,fintech can effectively reduce financial transaction costs and promote the development of inclusive finance.However,series of characteristics of fintech also bring challenges to the supervision model of financial regulators,such as the“model risk”of algorithms and data,the potential destruction of the value of legal protection and the systematic risk of decentralized transaction.Therefore,only by changing regulatory thinking,introducing new supervision tools and adopting new supervision methods,can China’s financial regulatory authorities prevent the systematic risks caused by fintech and promote the sound development of the fintech industry.