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近年来,资产管理业日益成为金融市场的重要力量,并对金融体系产生系统性影响。加强和改善资产管理业监管,正受到各国金融管理当局的重视,也具备相应的理论基础。在金融分业监管体制下,我国金融机构资产管理业务创新活跃,具备影子银行特征,由于交易结构复杂,交易链条过长,缺乏足够微观审慎,一定程度上助长了金融市场投机,加剧了金融市场波动,存在较大风险隐患。因此,将资产管理业务纳入宏观和微观审慎管理架构,构建统一有效的监管制度,有着极为现实的意义。
In recent years, the asset management industry has increasingly become an important force in financial markets and has a systemic impact on the financial system. To strengthen and improve the regulation of the asset management industry is receiving the attention of the financial management authorities of all countries and also has the corresponding theoretical basis. Under the financial separation supervision system, asset management business of China’s financial institutions has been actively innovating and possesses the characteristics of shadow banking. Due to the complicated transaction structure and the long chain of transactions, the lack of micro-prudential supervision has contributed to a certain extent speculation in the financial markets and aggravated the financial markets Fluctuation, there is a big risk risks. Therefore, the asset management business into the macro and micro prudential management structure, to establish a unified and effective regulatory system, with very realistic significance.