In 2007, the U.S. subprime crisis -induced global financial crisis swept across the world rapidly, triggering a reflection of Governments on financial regulatory philosophy and systems, it also brought the shadow bank...In 2007, the U.S. subprime crisis -induced global financial crisis swept across the world rapidly, triggering a reflection of Governments on financial regulatory philosophy and systems, it also brought the shadow banking finance in front of the majority of people, it has become the focus of attention. Various management measures have been taken around the shadow banking, and it has brought great volatility to currency and financial markets, and it also highlights the plight of Chinese shadow banking supervision. Therefore, this article briefly analyzes the mechanism of the Financial Times in the Chinese style shadow banking, and makes several regulatory proposals, avoiding low risk of shadow banking at the greatest degree.展开更多
Indonesia has been planning to build Nuclear Power Plants （NPPs） since the 1970＇s. Nevertheless, due to some problems the program is immaterialized so far. Recently, in anticipation of domestic energy crisis, nucle...Indonesia has been planning to build Nuclear Power Plants （NPPs） since the 1970＇s. Nevertheless, due to some problems the program is immaterialized so far. Recently, in anticipation of domestic energy crisis, nuclear program is revitalized. In the current situation, nuclear program is facing various challenges, including public perception, political instability, brain drain of skilled people, governmental support, and international confidence. In coping with these challenges, several efforts have been done. For instance, to deals with public perception, BATAN is making continuous effort in convincing the public and the decision makers to be aware of the necessity of nuclear power. In line with such effort, several milestones of the nuclear power programme have also been achieved. One of the most important milestones is the enactment of Act No. 10/1997 on Nuclear Energy. The Act demands the establishment of independent regulatory body separated from promoting body.展开更多
The US subprime crisis （financial crisis） highlights the failure of existing mechanisms of financial regulation to prevent systemic risk. Reflection shows that the fundamental causes of the subprime crisis are large...The US subprime crisis （financial crisis） highlights the failure of existing mechanisms of financial regulation to prevent systemic risk. Reflection shows that the fundamental causes of the subprime crisis are largely attributable to financial corruption arising from grave violations of financial information disclosure. Information supervision is an important check on financial corruption in that it serves as a means of regulating financial information disclosure and through transparency, reducing the demand for and supply of corruption. Drawing upon the recent reform of the US financial regulatory system and grounding ourselves on Chinese practice, we believe the reconstruction of the financial regulatory system should center on information supervision, with a focus on improving the system of information disclosure for financial bodies, building a unified financial information platform and an effective information-sharing mechanism, and integrating all supervisory resources into a unified and powerful force against financial corruption.展开更多
文摘In 2007, the U.S. subprime crisis -induced global financial crisis swept across the world rapidly, triggering a reflection of Governments on financial regulatory philosophy and systems, it also brought the shadow banking finance in front of the majority of people, it has become the focus of attention. Various management measures have been taken around the shadow banking, and it has brought great volatility to currency and financial markets, and it also highlights the plight of Chinese shadow banking supervision. Therefore, this article briefly analyzes the mechanism of the Financial Times in the Chinese style shadow banking, and makes several regulatory proposals, avoiding low risk of shadow banking at the greatest degree.
文摘Indonesia has been planning to build Nuclear Power Plants （NPPs） since the 1970＇s. Nevertheless, due to some problems the program is immaterialized so far. Recently, in anticipation of domestic energy crisis, nuclear program is revitalized. In the current situation, nuclear program is facing various challenges, including public perception, political instability, brain drain of skilled people, governmental support, and international confidence. In coping with these challenges, several efforts have been done. For instance, to deals with public perception, BATAN is making continuous effort in convincing the public and the decision makers to be aware of the necessity of nuclear power. In line with such effort, several milestones of the nuclear power programme have also been achieved. One of the most important milestones is the enactment of Act No. 10/1997 on Nuclear Energy. The Act demands the establishment of independent regulatory body separated from promoting body.
文摘The US subprime crisis （financial crisis） highlights the failure of existing mechanisms of financial regulation to prevent systemic risk. Reflection shows that the fundamental causes of the subprime crisis are largely attributable to financial corruption arising from grave violations of financial information disclosure. Information supervision is an important check on financial corruption in that it serves as a means of regulating financial information disclosure and through transparency, reducing the demand for and supply of corruption. Drawing upon the recent reform of the US financial regulatory system and grounding ourselves on Chinese practice, we believe the reconstruction of the financial regulatory system should center on information supervision, with a focus on improving the system of information disclosure for financial bodies, building a unified financial information platform and an effective information-sharing mechanism, and integrating all supervisory resources into a unified and powerful force against financial corruption.
