互联网金融的风险传导机制及监管问题研究

发布时间：2018-03-25 06:06

本文选题：互联网金融　切入点：风险传导机制　出处：《北方工业大学》2017年硕士论文

【摘要】：近年来,第三方支付等互联网金融发展迅速,在模式和技术上不断创新,成为当今各界的热门关注点。政府工作报告多次提及互联网金融,可见互联网金融的地位和影响正不断扩大。本文通过文献综述,梳理出互联网金融风险传导机制及监管问题的研究思路。首先,本文采用资本互动机制,从资金流向和流量角度,对传统金融和互联网金融的潜在风险及传导路径进行研究,构建风险传导机制。对于互联网金融,又从整体和各模式角度进行了具体分析。其次,本文从防止风险发生和防止风险传导两个维度,对互联网金融监管问题进行研究,防止风险发生维度,采用功能监管的概念,即行为监管、审慎监管和消费者保护。行为监管构建了监管部门和互联网金融企业的演化动态博弈,认为加大依法创新的收益、加大惩罚力度是监管部门应采取的合理选择,监管部门可根据动态演化相位图,结合具体情况动态地调整策略,对创新激励与违规惩罚设定合理的额度。审慎监管重点关注风险监察,构建了一套风险防控引擎。防止风险传导维度,结合传导机制,就各个路径给出合理监管建议,如建立信息共享机制、成立风险应急基金、交易数据备案、单一银行托管等。最后,本文列举了京东金融风控体系和e租宝事件两个案例,证明风险防控引擎和风险传导机制及监管措施的合理性。
[Abstract]:In recent years, Internet finance, such as third-party payment, has developed rapidly, and has been constantly innovating in mode and technology, which has become a hot concern of all circles. The government work report has mentioned Internet finance many times. It is obvious that the status and influence of Internet finance is expanding. Through literature review, this paper combs out the research ideas of Internet financial risk transmission mechanism and supervision. First, this paper adopts the mechanism of capital interaction. From the angle of capital flow and flow, this paper studies the potential risks and transmission paths of traditional finance and Internet finance, and constructs the risk transmission mechanism. From the two dimensions of preventing risk from occurring and preventing risk transmission, this paper studies the problem of Internet financial supervision, and adopts the concept of functional supervision, that is, behavioral supervision, to prevent the occurrence of risk. Prudential supervision and consumer protection. The behavior supervision has constructed the evolutionary dynamic game between the supervision department and the Internet financial enterprise. It is considered that the reasonable choice should be taken by the supervision department to increase the profit of innovation according to law and the intensity of punishment. According to the dynamic evolution phase diagram, the regulatory department can dynamically adjust the strategy according to the specific situation, and set a reasonable amount of innovation incentive and penalty for violation. Prudential supervision focuses on risk supervision. A set of risk prevention and control engine is constructed. The dimension of preventing risk transmission, combined with transmission mechanism, gives reasonable supervision suggestions on each path, such as establishing information sharing mechanism, setting up risk emergency fund, recording transaction data. Finally, this paper enumerates two cases of JingDong's financial risk control system and e-zubo event, which proves the rationality of risk prevention and control engine, risk transmission mechanism and supervision measures.
【学位授予单位】：北方工业大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F724.6;F832.1

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