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谢伏瞻
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李培林
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    2011~2019年全球系统重要性银行格局变化及启示

    摘要

    针对2008年金融危机中暴露出的“大而不能倒”问题,自2011年起,金融稳定委员会开始推出全球系统重要性银行(G-SIBs)名单,并对上榜银行提出了更审慎的监管要求。从已公布的9期名单看,G-SIBs成员格局发生了较大变化,欧洲G-SIBs数量不断下降,而来自中国和加拿大的G-SIBs数量不断增多。为降低监管成本,多数G-SIBs采取了去同业、去复杂化的发展策略,同时加强托管、清算等金融基础设施功能的发挥,G-SIBs系统重要性得分整体呈现下降趋势。与整体趋势形成鲜明对比的是,近年来中资G-SIBs系统重要性得分持续快速上升,由此产生的监管成本值得高度关注。由于系统重要性不断上升,中资G-SIBs在满足总损失吸收能力要求方面的监管压力较大。建议中资G-SIBs客观评估被纳入G-SIBs的监管成本,采取有效措施,实现业务发展和监管成本的平衡。

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    Abstract

    In response to the “too big to fail” problem exposed in the 2008 financial crisis,the Financial Stability Board has launched a list of Global Systemically Important Banks(G-SIBs)since 2011,and has proposed more cautious regulatory requirements. From the published list of 9 issues,the G-SIBs membership pattern has undergone significant changes. The number of G-SIBs in Europe has been declining,while the number of banks from China and Canada has been increasing. In order to reduce the cost of supervision,most G-SIBs have adopted de-interbank and de-complexity development strategies,while highlighting the use of financial infrastructure functions,such as custody and clearing. The overall score of G-SIBs system has declined. In sharp contrast to the overall trend,the scores of the Chinese G-SIBs system have continued to rise rapidly in recent years,and the resulting regulatory costs deserve high attention. Due to the increase of their systematically importance,the regulatory pressure on Chinese G-SIBs to meet the requirements for total loss-absorbing capacity is greater. It is recommended that Chinese G-SIBs objectively assess the cost of supervision incorporated into G-SIBs and take effective measures to achieve a balance between business development and regulatory costs.

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    作者简介
    熊启跃:熊启跃,金融学博士,中国银行研究院银行业与综合经营团队高级研究员,主要研究方向为银行经营管理与银行监管。
    张文婧:张文婧,中国人民大学金融学硕士研究生,主要研究方向为银行经营管理与银行监管。
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