Bankbalance-sheetbusinessriskanalysisofexternalregulatoryinnovation-毕业论文翻译

1、Bank bala nce-sheet bus in ess risk an alysis ofexter nal regulatory inno vati onAbstract: The huge losses of financial derivatives market events and the world s major banks collapse due to lack of supervisionand the huge losses caused byreflecti on examples, dem on strate a resp onse to Chi na scom

2、mercial banks balanee sheet activities to strengthen the significaneeof external supervisionby the currentforeig n banking supervisi on patter n an alysis, predicted China s commercial banks bala nee sheetbus in essregulatio n inno vative future tren ds.Keywords:banking,bala neesheetbus in ess,regul

3、atory inno vati on.First, China s commercial banks sheet bus in ess risk regulatory sig nifica nee.With the bala nee sheet bus in ess, especially in the finan cial derivatives market eon ti nues to develop, eoun tries are facing the risk of commercial banks is also in creas ing since the 1990s, sinc

4、e the derivatives market on the huge losses occurredfreque ntly.These huge losseve nthidde nbeh indthe manythought-provok ingiquesti ons. inno vative bus in essesin commercial banksbring huge ben efits to the global econo my, but also to commercial banks outside the validity of finan cial regulation

5、has been greatly weakened.relative to therapid developme ntof the bankingbus in ess con ti nuedinno vati on commercial banks obvious exter nal regulatory measures can not keep pace due to commercial banks for their own reasons, and the risk of interfereneewithexternal events, making the banking syst

6、em s stability and security is un der attack, commercial bank in solve ncy eve nt occurs. these eve nts to It raises a serious problem, and that is con sta ntly inno vative moder n market econo my, in additi on to commercialbanks themselves shouldfurther stre ngthe n in ter nalrisk preve nti on meas

7、ures,exter nalfinan cial regulators to achieve effectiveregulatory resp onse to the banking in dustry.Evolvi ng intern ati onal banking practice shows thatstable andefficie ntregulatory objectives for themaintenance of commercial banks good financial order, the funds of commercial banks get a reas o

8、n able con figurati on play a very importa nt role. So, how can the commercial banks can raise operational efficiency, while mai ntai ning stable developme nt, so that the two achieve homeostasis, and impleme ntati on of effective supervisi on and the lowest cost, is the commercial banking regulati

9、on in the inno vatio n process problems to be solved.Second, theintern ati onalbankingbus in esssupervisi on mode.In thecourse of the developmentof bankingsupervisi on,as coun trieshavediffere nthistoricalbackgro un ds,differe nteth niccultures, differe ntpoliticaland legal en vir onment,aswell as d

10、ifferentfinan cialdevelopme nts, so that differe nt n ati on al regulatory modelof commercial banks there is a big differe nee.Curre ntly,commercial banks in the world regulatory body is divided into three categories: First, the Min istry of Finance carried out by nationalregulators, the secondis re

11、gulated byn atio nalcen tralbanks, three specialized commercialbanks by regulatory age ncies to be regulated.Moreover, coun tries are not n ecessarily commercial banking regulators have a direct regulatoryfunctionsofcommercial ban ks,whetherdirect impleme ntati onofregulatoryfunctionsdepending on th

12、e developmentofn atio nalcommercial bank con diti ons. Accord in gly,n atio nalcommercial bank regulatoryen forceme ntagencies can be divided into three categories: The first category is determ inedby the above describedcommercial bank regulatory age ncies to directly perform regulatoryfun cti ons n

13、 ecessary to impleme ntthisregulatio ncoun triesare China, Japa n, Sin gaporeandothercoun tries.sec ondcategory is regulated bycommercial banks and other in stituti ons perform together Specific regulatory fun cti ons, such as the U.S., Can ada and France and other countries is the case with the thi

14、rd category is authorized by a commercial bank regulators on regulatory en forceme nt age ncy to impleme nt specific regulatoryfunctionsof commercialbanks, such as theUnited Kingdom in the case of this situation, then, in accordanee with the commercial banks, the number and n atureof regulatory age

15、ncies to divide,n ati onalcommercial bank supervisioncan be divided into threemodes.(A un ified regulatory approach.Un ified regulatory approach is mainly defi ned by a sin gle cen tral bank or country is a specialized regulatory agency to supervise the managementof commercialbanks, the right is mor

16、e concentrated. Belong unified regulatoryapproach both coun triesas theUn itedKin gdom, New Zeala nd, Portugal, the Netherla nds, Austria, Luxembourg, Italy and other such Wester n developed capitalist coun tries, and in clud ing most of the develop ing coun tries, such as Egypt, Brazil, I ndia and

17、other coun tries in the socialist countries, due to the Iong-termplan toimplement a singlesystem, the financial structure isrelatively simple, so In the past a very long time, the state has not bee n specifically set up intern al regulatory age ncy to man age the commercial banks un til the 20th cen

18、 tury,70 years later, with the reform and development of the world econo my, many socialist coun tries have started before the establishment of specialized central bank, by the central bank to commercial banks on the domestic impleme ntati onof supervisi on andman ageme nt,therefore, also bel ong to

19、 the un ified regulatory approach.(Two diverse regulatory model.Diversified regulatory model is defined by two or more regulatory age ncies on domestic commercial banks to impleme nt supervisi on and man ageme nt accord ing to the scope of regulatory authority is owned by the cen tralor local own er

20、ship, but also the diverse regulatory model is divided into more tha n two lines regulatory model and line nu mber of regulatory model categories.A two-wire regulatory model nu mber.Two-li neregulatory modelnu mberin the“two-line ” refers to the federal and state governments two lines.“Many ” means

21、there is more than oneregulatoryagency to operate on domestic commercialbanks to exercise oversight over the world to impleme nt this regulatory approach are not many countries, mainly those implementingfederal system developed capitalistcountries such as the UnitedStates, Canada and othercoun tries

22、 to adopt it in the Un ited States, federal and state commercial banks are en titledto domesticlice nsingregister and regulate.Regulatoryagencies at the federal level there areeight much. They are the Federal Reserve System, the Federal Deposit In sura neeCorporati on,the Min istry ofFinance Comptro

23、ller of the Currency, the Securities and Excha nge Commissi on, the Federal Hous ing Loa ns Board, the National Association of Credit Administration, the Nati onal Associati on of Credit In sura nee Fund , theFederal Savings and Loa n In sura nee Corporati on, of whichthe Federal Reserve System is r

24、esponsiblefor managingthe state governmentregistered a non-memberbankscommercialban ks,the Federal DepositIn sura neeCorporati on is resp on siblefor managing the stategover nmentregistered commercial banks bel ongingtomember banks, the Treasury Comptroller of the Curre ncy responsiblefor managing t

25、he federalgovernment sNationalBank registered these three major commercialbank supervisi on and regulati on of a regulatory fun cti on basically the same way, is only resp on sible for a range of differe nt.2 tier regulatory model nu mber.Tier regulatory model nu mber is relative to the two lines in

26、 terms of the regulatory model nu mber. Rights to this regulatory model is more concen trated, un ified by the cen tral man ageme nt at the cen tral level but also by two and two or morein stituti onsto perform specificsupervision and managementof domestic commercialbanks. adopt this model mainly in

27、 countries are Japan, Germa ny, France and other coun tries.Japan s Ministry of Finance Banking Bureau andthe Intern ati onal Finance Bureau is the primary regulator of commercialbanks, but the Japanese central bank inclosecon sultatio nwith these age nciestogether tocomplete the task of supervisi o

28、n of commercial banks in Germa ny, the commercial bank supervisi on work is mai nly by the Federal hosted by the Germa n Federal Mini stry ofFinance Supervisi on Bureau and the Germa ncreditin stituti onscen tralbank closely togetherexercis ingregulatoryfun cti onsof commercial ban ks. FrenchEconomy

29、 and Finance Mi nistry and the Bank of France as the managementof the national financial sector of thehighest gover nment age ncies, exercise the en tire finan cial sector decisi on-mak ing and man ageme nt, but the specific supervisionof commercial banks by the NationalCreditCoun cil, the banking r

30、egulatory commissi ons, committees and credit in stituti ons divisi on resp on sible for the Banking Commissi on.3 transn ati onal regulatory approach.Transn ati onalregulatory approach refers tocross-border econo miccooperati onzone commercialbanks un ified supervisi on and man ageme nt model. Usin

31、g this model is the most represe ntative of the West Africa nMon etary Union mult in atio nal banks and Cen tral Africa n coun tries, such as the West Africa n Mon etary Union, it is in depe ndentof the membergover nmentsin theformulatio n and impleme ntatio n of mon etary policy in the practice of

32、banking regulati ons in sist on a un ified, un ified reserve ratio, a unified foreign exchange reserves, and un ified regulati ons disco un ted total n atio nal commercialbanks. Moreover, it In each member agency is also resp on siblefor the respective coun triesregi onaloperations and supervision a

33、nd management of the country s commercial banking system. Overall, MemberStates to impleme nt a un ified finan cial regulati ons.Third, China s commercial banks balanee sheet bus in ess regulatory model.China s currentbalaneesheet activities ofcommercial banks is principallya regulatory BankingRegul

34、atoryCommissio nregulatory-based, commercialbankingin dustryself-ma nageme ntand socialin termediarysupervisi onsuppleme ntedby regulatorymodel. & It ;&It; Chi na Banking Regulatory Commissi on in accordanee with the People s Bank Act >> , <&It;& gt; >Commercial Banking Law,& It ;&It;In

35、terimMeasures& gt; >in termediarybus in ess,commercialbanking<<sheetbus in essriskman ageme ntguideli nes> ;& gt;and otherrequireme ntsto sitesupervisi onandon-sitesupervisi on, periodic andnon-periodic regulatory supervision and other means through commercial banks man age files, risk mo

36、n itori ngfiles regularly in formed of the risk situatio nand timelynotificationand other forms of special circumstances,strengtheningof commercial banks operating risk andmoral hazard mon itori ngand man ageme nt.Mean while,through theestablishme ntof tradeassociati onsto stre ngthe n self-discipli

37、 ne. and fully play acco un ti ng firms,law firms and otherin termediaryage ncies socialsupervisi on, and improve the tran spare ncy of commercial bank supervision,and promote China s commercialbanks stable and healthy developme nt.However, due to Chi na Banking RegulatoryCommissi on in April 2003 w

38、as formally un dertake n by thecen tral bank to fulfill the orig inal bank finan cial in stituti ons for un ified supervisi on duties, therefore, not a long time in our developme nt of the CBRC sheet activities of commercial banks in the regulatory process, there arestill some issues, such as regula

39、tory legal support systemis not perfect, the lack of flexibility means of supervisi on,sta ndardizati on,with the CIRC, theCommissi oncoord in atedthe two regulatoryage ncieshave not yetobta inedregulatoryactual results,etc. These issues are22yet to be further improved.Fourth, China s commercial ban

40、ks balanee sheet bus in ess regulatory inno vati on tren ds.In the world developme nt trendof econo micglobalizati on,the commercial banksbala neesheetactivitiesin the implications of regulatoryinnovation isun derg oingprofo undcha nges. Sheet bus in ess con ductregulation on innovationis much moret

41、hansimplederegulati on,but rather to re-establish its newman ageme ntrules. Regulators sheet activities ofcommercialbanks, especially innovativeproducts shouldbe regulated in a comprehensive,carefully assessed onthe basis of commercial banks to take more conducivetowardsta ndardizati onsheetbus in e

42、ssregulati oninno vative mea ns.As China s commercial banks balanee sheetbus in ess of productinno vatio nhas become in creas in glyactive, i nno vative finan cial supervisi on tasks and heavier.Sheet Activities of Commercial Banksoperat ingmecha nism of the orig inal has bee n difficult to adapt to

43、 changingoperationalneeds for financial and backwardmanagementsystem has become a commercialbankbala nee sheet bus in ess inno vati onand growth barriers.Therefore, in order to promote the commercialbankbala nee sheet bus in ess con ti nues to develop, we must for those behind the regulatory regime,

44、 operating system, and human resource allocation system reform, which is Chi na s commercialBanking regulators sheet bus in essinno vati on and developme nt trend.(A commercial bank to establish a new regulatory regime sheet bus in ess.Western developedcountriesin the commercialbanking regulators sh

45、eet bus in essinno vati onanddevelopme nt process and experie need the“supervisi on -deregulation - re-regulation” of the process that is not asimple repetiti on, but rather reflect the world outside the bus in ess regulatory practices in the table The deepe ning With China s commercial banking mark

46、et, andcon ti nu ouslypush forward the process of rapiddevelopme ntof bala nee sheet bus in ess, the objective isalso required commercial banks bala nee sheet bus in ess regulatio n is no t just a simple con trol system, and should be anecono micdevelopme nt adapt, systematic,standardized and effect

47、ivenessof financialsupervisionand regulatio nsystem this regulatory system shoulden able commercial banks bala nee sheet activities to achieve regulatory objectives ahead ofregulati on,regulatory measures as well as the flexibility and operability of the regulatory process con ti nuity, systemic and

48、 other requireme nts in order to meet this requireme nt, we learn from Western coun tries sheetbus in essofcommercial banking experie nee in regulatory inno vati on, but also in line with China s national conditions should strive to explore a multi-level, comprehe nsive mon itori ng sheet bus in ess

49、 systems.1 build fun cti onalinno vative regulatory approach,andstre ngthe nsupervisi onsheetbus in esslegalcon structi on.As China s commercialbanksbala neesheetbus in ess of continu ousinno vati onanddevelopme nt,itsbus in essscope has coveredsecurities,in sura nee andbankingvarious in dustries,wh

50、ile for the banking,in sura nee and securities bus in ess regulatio n, curre ntly in Chi na are assessed by the CBRC, CSRC and CIRC to carry out sub-sector man ageme nt table outside whe n there is cross-bus in essinno vati onproductsbus in ess, the threeregulatory bodies can not be achieved on the

51、existe nee of com mon regulatorycoord in atio nissues. Therefore, youshould con sider build ing a specialized age ncy to ruli ng on the table outside bus in ess inno vati onfinan cial productswere an alyzed qualitatively fun cti on to en able timely and innovativeproducts to solve the questionof att

52、ributionsupervisi on.fun cti onalinno vati onand regulatoryorga ni zati onal structure show n in Figure 1.The orga ni zatio nal structure of inno vati on is also inline withintern ati onalbankingbus in essobjectiverequirements of an increasinglyintegrated,as well asChina s commercial banks bala nee

53、sheet bus in ess developme nt trend of the future in case the time is ripe, then we can create such a committee led by the Finan cial Supervisio nThe CBRC, CSRC and CIRC unity of con solidated supervisi on regime.In addition, in order topromote China scommercial banksbala nee sheetbus in essregulato

54、rysystem to build, should also further improve and perfect sheet of commercial banks in the con structi onbus in essregulatio ns,stre ngthe nsupervisi onsheetbus in essoperability of the legal system to protectthe stability ofthe finan cial sector operati on.2 sound commercial banks mutual legal mon

55、 itori ng system, and promote stable and healthy developme nt of the in dustry.Bank guild is a self-management,self-regulation,self-restrai ntcivilman ageme ntorga ni zati on,whichthrough its internalmanagementindustry, to effectivelyavoid un fair competiti on among commercial banks, to promote mutu

56、al un dersta nding betwee n the in dustry and cooperati on. He can help regulators to stre ngthe n com muni cati onbetwee nthe commercial banks in thefinan cial markets played a good lubricati on, is con ducive to mai ntai ningorderly finan cial marketscompetitio ncountry in May 2000 also establishe

57、d the China Banking Associatio n The establishme nt of the associati on in dicatesthat China s banking system of self-restraintto furthermature as China s commercial banks balanee sheet bus in ess inno vative productscontinueto emerge, ChinaBankingAssociati on shouldcon ti nueto improve theproduct sheet bus in ess trad ing rules, ethical sta ndards regulate the in dustry con duct of operatio ns, coord in ati ng other aspects of the in dustry trade d