金融危机背景下美国金融监管构架改革剖析

美国现行＂双重多头＂金融监管体系存在多头监管、监管疏漏和监管失控等缺陷。金融危机的恶化进一步暴露了美国监管体系的内在缺陷。面对次贷危机中暴露出的风险管理的制度性缺陷,2008年3月29日美国财政部公布的《现代金融监管构架改革蓝图》详细地阐述了美国金融监管构架改革的短期目标和途径、中期目标和途径以及长期目标和途径,并折射了美国金融监管理念从机构导向监管向业务导向监管转变、从监管局部性风险向监管金融市场系统性风险的转变和从规则导向监管向目标导向监管的转变。

Analysis on Reformation of American Financial Supervision Architecture during Financial Crisis

The current financial supervision architecture of America includes multi-supervision, supervision omission and out-of-control of supervision and so on. The deterioration of financial crisis revealed the inner defects greatly. Against the regulation defects of risk management in facing financial crisis, The U.S. Treasury announced the blueprint of. revolution of financial supervision architecture describes that the short-term＇s target and method, medium-term＇s and long-term＇s about revolution of American financial supervision architecture in March 29th 2008, and reflects the transformation from institution-ori- ented monitor to business-oriented monitor, from Partial risk supervision to financial market system risk supervision and from rules-based regulation to goal-oriented regulation.