联系我们

论文查询结果	返回搜索

论文编号：	1407
作者编号：	2120072089
上传时间：	2009/12/15 21:07:59
中文题目：	央行主导下的支付清算体系风险控制研究
英文题目：	PBOC payment and settlement system risk control research
指导老师：	陈国欣教授
中文关键字：	中央银行 支付清算 风险管理
英文关键字：	the central bank payment and settlement risk management
中文摘要：	支付清算系统是一个国家或地区对交易者之间的债权债务关系进行清偿的系统。它是由提供支付服务的中介机构、管理货币转移的规则、实现支付指令传递及资金清算的专业技术手段共同组成的，用以实现债权债务清偿及资金转移的一系列组织和安排。所有的金融活动表现为货币资金在各个部门的流转，金融机构通过支付清算体系实现债权债务的清偿和资金的给付，可以说支付清算体系是金融运行的“血液循环系统”；支付清算系统是金融基础设施中的关键部分和金融服务的核心手段，它是一国支付清算体系的核心，是一国支付清算体系的“神经中枢”。 随着金融在现代经济中核心地位的日益突出，支付清算体系的安全与效率对国家金融稳定、经济发展和社会安定产生极大地影响。中央银行由于其处在“银行的银行”的特殊地位，必须承担起支付清算体系风险管理的重任，维护金融稳定，促进经济发展，为全社会提供高效、便捷、安全的资金流转通道。总的来说，支付清算体系面临着政治风险、法律风险、信用风险、流动性风险、运行风险、操作风险和道德风险的威胁，它们具有客观性、可控性和传导性的特征。国际清算银行在《重要支付系统核心原则》中提出建设支付清算系统十条基本原则以及中央银行实施核心原则应承担的四项责任，对支付清算系统风险管理提出了原则性要求。美国、英国、日本等西方发达国家对支付清算体系风险管理进行了实践，他们的经验对我国具有较强的借鉴作用。 目前，我国学术界对支付清算体系的关注和研究相对国外是比较薄弱的，对支付清算体系关心更多的是从提高支付清算体系运行效率和自动化程度考虑，对支付清算体系风险管理研究还不尽如人意。本文站在中央银行的角度，对支付清算体系的安全稳定运行与中央银行制定和执行货币政策以及维护金融稳定的关系这一层面进行研究，对如何化解支付清算体系风险，防范引发系统性风险进行分析。对我国在法规建设、运行风险控制、流动性风险和信用风险防范、应急机制建设等四个方面进行剖析，查找问题根源。提出了我国应当在建立健全支付清算法规体系、构建支付清算体系的风险评估体系、整合支付清算体系监管合力、健全支付清算体系应急机制、提升支付清算系统功能等五个方面提高风险控制能力的建议。
英文摘要：	The payment and settlement system refers to the system in which the credits and debts are settled between traders in a certain country or region. It constitutes of an intermediary agency providing paying services, rules of managing money transference, techniques necessary both for monetary payments and for the transmittance of paying instructions. It is used for the settlement of credits and debts as well as the transference of funds. All financial activities are manifested in the flow of money capital between different departments; all financial institutions conduct the payment of debts and transference of funds through this payment and settlement system. Therefore, it can be said that the system is “the blood circulation system” in financial operations. It is an integral part of the financial infrastructure, an indispensable means in financial services. It plays a key role, like as that of “the central nerve”, in a country’s payment system. As finance becomes increasingly important in the modern economical system, the safety and efficiency of the payment and settlement system will have a great impact on the stability of national finance, economical development and even the stability of the society. The central bank, due to its special status as “the bank of banks”, must undertake the responsibility of managing risks in the payment and settlement system, so as to maintain financial stability, promote economic development and provide efficient, convenient and safe channels of money transference for the society. In all, the payment and settlement system is faced with political risks, legal risks, credit risks, liquidity risks, operational risks and control risks, all of which are objective, controllable and transmittable. The International Settlement Bank has put forward in “Core Principles for Systemically Important Payment Systems” ten basic principles in payment and settlement system and four responsibilities of the central bank in undertaking the principles. It has also made some requirements for the management of risks in the system. Some western developed countries, such as US, UK and Japan, has some practice in the management of risks in the payment and settlement system, and their experience will serve as a reference for China. At present, the status quo of Chinese payment and settlement system is far from satisfactory. There are problems with the completion of relevant laws, management of operational risks, prevention of liquidity risks and credit risks, and the establishment of an emergency system, etc. China should improve the ability of risk management from five aspects: completing and improving laws and regulations on payment and settlement, setting up a risk evaluation mechanism in the payment and settlement system, streamlining the supervisory forces in the payment and settlement system, completing an emergency system, and increasing functions of the payment and settlement system.
查看全文：	预览  下载(下载需要进行登录)