【摘要】 资本监管是审慎银行监管的核心。上个世纪90年代以来,我国监管当局开始建立并逐步改进资本监管制度。本文分银行体制商业化转型初期、市场化银行体制形成时期、银行体系日益国际化时期三个阶段,对我国商业银行资本监管制度变迁过程进行系统性考察,全面评估不同时期资本监管的效果。本文认为,国有银行改革、银行体系开放、增强银行体系稳健性和资本监管制度与国际标准接轨四个方面因素的相互作用,为资本监管制度变迁注入的动力,决定了资本监管制度演进的方向;资本监管制度的变革既反映监管当局风险监管理念的进步,也体现了监管当局为增强银行体系稳健性、推动银行业改革和促进经济增长等多目标同时实现所做的持续努力和必要妥协。更多还原

【Abstract】 Capital regulation is the core of prudential banking regulation. Since 1990s, Chinese banking authority has been establishing and improving the capital regulatory institution. This paper analysis the evolution of capital regulation of commercial banks systematically and reviews the effectiveness of the capital regulation in three different phases respectively, namely, the preliminary phase of commercialization of banking system, the adoption of the market oriented banking system, and the gradually internationalized banking system. It points out that four factors have been the driving forces of institutional evolution of capital regulation, and also determined the direction of the evolution, including reform of the state-owned banks, opening up in the banking system, enhancement of the soundness of the banking sector and convergence of domestic capital regulation towards the international standard. The evolution of capital regulation reflected the improvement of risk-based supervision, as well as the persistent efforts and necessary compromises the banking authority have made in order to strengthen the soundness, promote the reform of banking sector, and support economic growth at the same time.更多还原