金融衍生品市场的监管困境与管制安排——基于强制性制度变迁视角

作为金融自由化和创新的产物,金融衍生产品具有衍生性、杠杆性、风险性、复杂性和隐蔽性等基本特征,对现行监管模式产生冲击。目前,我国处于金融衍生品市场发展起步阶段,应从国内外案例中吸取教训,借鉴国际上成功的监管模式,结合现实国情,未雨绸缪,基于强制性制度变迁视角作出我国金融衍生品市场的管制安排。

Supervision Dilemma and Regulation Arrangement of Financial Derivative Market——From Perspective of Compulsory System Change

As the result of financial innovation and liberalization,financial derivative products have the following characteristics:derivative,leveraged,risky,complex and concealed,which have great impact on the current supervision system.At present,China's financial derivative market has just been starting and we should learn not only from our lessons but also successful supervision systems of other developed countries.We should establish our regulation arrangement with our features on the basis of compulsory system...