Research Background研究背景
In terms of international environment, years of financial crisis so far. Begins with the "parallel banking system" sector crisis conduction to the real economy, quickly led to the global recession lasted for three years; Slow recovery in the developed countries still rely on the government's fiscal and monetary policy support to sustain, in the euro zone, sovereign debt crisis has begun to spread to the banking system, increases the credit risk and market risk, the growth of emerging markets in the long run under the influence of the low interest rate policy, return of capital to achieve output, worsen the credit environment. In the international monetary fund (IMF) in the Global Financial Stability Report (2011), according to Global Financial Stability risks level has increased, increased market volatility, investors' confidence is reduced, thus lead to the economic slowdown and debt crises aggravate the vicious circle of prototype has already appeared, markets and investors for Financial Stability as well as the corresponding Financial markets and Financial regulatory reform calls for more and more high.
The international banking regulatory framework in the crisis is undergoing profound changes. Micro institutional level reform aims to improve robustness of Banks, strengthen the micro foundation of banking stability; The medium market level reform aims to strengthen the banking market infrastructure construction, fixed defects lead to market failure mechanism; Macroscopic system level reform aims to systemic risk in the banking regulatory framework, macro-prudential regulation system is established. Reform of all countries have issued, strengthen supervision has become the common choice of regulatory authorities. The United States issued "The Dodd - Frank Wall Street Reform and Consumer Protection Act", set up Financial Stability Oversight Council (FSOC), dealing with systemic risk; The British Treasury announced the party after the replacement of new scheme draft Financial Regulatory reform, cancel the Financial Services Authority (FSA), in the Prudential Regulatory Authority (PRA) is responsible for deposit institutions, investment Banks and insurance companies and other Financial institutions for prudent supervision; The European parliament by the European financial reform bill, decided to establish a new pan-european financial regulatory system, including a newly established to oversee the banking, insurance and financial trading activities of the three major regulators, as well as all kinds of risk in the European economy is responsible for monitoring and early warning of European Systemic Risked Board (ESRD) and so on.
In this paper, under the framework of the Basel agreement, we started the issue in banking regulation, on the basis of theoretical research and analysis, according to the following two lines. First one is the evolution of the Basel agreement and the development of the international banking regulatory framework. This line describes the historical process of changes in international banking regulatory framework, draw the outline of main trend for the development of international banking supervision, on this basis, discussed the development of international banking supervision practice and theoretical research development of the relationship between bank regulation. Second part is the analysis about the bank of England regulatory development history and present situation. This line mainly describe the history of the bank of England regulatory development process, analysis of the current banking supervision in our country to deal with the main problems, on this basis, discuss the British banking regul
