中國大陸影子銀行監理的再思考

Rethinking the Supervision on Shadow Banking System in China

影子銀行的問題在2008年金融危機爆發後即引起全球金融監理的關注，而中國隨著經濟發展，中國的金融問題因為中國國務院於2013年發布第107號通知，使各界對於中國影子銀行的問題更為重視。因為中國特殊的金融與經濟環境，使其中國國內的影子銀行快速膨脹，其影子銀行也有其問題與特殊性，假若中國官方緊守著金融業監管的保守思維與傳統管理框架，是否能有效處理中國日漸嚴重的影子銀行問題，值得研究。本文試圖從影子銀行的定義探討，介紹並釐清中國影子銀行的發展與運作，探討大陸官方對於影子銀行的監管方向，最後就中國影子銀行監管的隱憂提出個人的想法與建議。

The Shadow banking system is getting global attention after the financial crisis of 2008. Because of the special financial and economic environment in China shadow banking system has grown rapidly. After Chinese Government issued the Circular No. 107 in 2013, it has exposed the importance of shadow banking problem in China. This article has studied the definition of shadow banking system, and analyzed distinctive features of shadow banking system and problems in China. To recognizing the distinctive features in Chinese shadow banking system, moreover, this article provides recommendations to reduce the future risks and better supervision on shadow banking system in China.