金融司法监管化：动因、困境与调适

随着金融司法适用行政规章的常态化、制度化，以及穿透式审判在金融司法中的全面推行，金融司法呈现出监管化趋向。金融司法监管化的根本原因在于法院过于公共政策化，在人民司法的理念下，把防范化解金融风险作为金融司法的主要目标，从而扮演监管追随者的角色。由于制度角色和制度功能不同，金融司法在防范化解金融风险方面作用有限，金融司法监管化会严重降低司法可预期性，损害契约自由，抑制金融创新。建议按照“相对独立、互相尊重、加强沟通”的原则构建二者关系，发挥金融司法对金融监管或补强或纠偏的作用，重点关注公序良俗原则及合同效力制度的规范适用，及时发布指导性案例，加强裁判文书说理，发挥好金融司法作为规范交易行为最后一道防线的制度功能。

Administerization of the Financial Judicature: Stimulation,Dilemma and Adjustment

With the normalization and institutionalization of administrative regulations applicable to financial judicature, and all-round implementation of penetration trial of the financial judicature, financial judicature takes on the tendency of administerization. The ultimate reason for the administerization of the financial judicature is that courts tend to become public policy makers. In the concept of people's judicature, courts regard prevention and resolution of financial risks as the main objective of judicature, thus acting as followers of the administrative supervision. Actually, out of different institutional roles and institutional functions, the role of financial judicature in prevention and resolution of financial risks is limited. The administerization of the financial judicature severely lowers the predictability of judicature, damages the principle of freedom of contract, and is unfavorable for financial innovation. It is suggested to build the relationship between financial judicature and financial administrative supervision according to the principle of “relative independence, mutual respect and strengthening communication”, give full play to the role of financial judicature in financial supervision, pay main attention to the standard application of the legal principle of public order and good customs and the contract performance system in judicial practice, timely release guiding cases, strengthen judgment document reasoning, prudently deny the efficacy of transaction behaviors, and exert the institutional function of financial judicature of determining the ownership and serving as the final defense line of standardizing transaction behaviors.