后危机时期国际信用衍生品市场的调整对我国的启示  

Post-crisis international credit derivatives market adjustments and lessons from the experience

作　　者：雷曜[1] 王瑱[2] 

机构地区：[1]中国人民银行金融研究所综合政策研究室 [2]中国人民银行研究局市场处

出　　处：《中国货币市场》2011年第8期15-18,共4页China Money

摘　　要：此次国际金融危机以来,经过各国监管当局及市场各方的努力变革,全球信用衍生品市场正朝着更成熟稳健的方向发展,简单化产品重回市场主导地位,清算机制的完善降低了市场风险,信用衍生品市场规范和市场自律管理得到加强。当前,我国信用衍生品市场已初步建立起有序的监管体系和制度框架,发展信用衍生品市场具备了较好的市场基础,下一阶段,应充分发挥有利条件,克服不利因素,通过创新促进发展,推动我国信用衍生品市场健康发展。With the concerted efforts of the regulatory authorities and market participants of various countries in carrying out reforms,credit derivatives markets all over the world have been moving towards mature and stable development since the recent international financial crisis,simple products have resumed the dominant market position,the improvement of the clearing mechanism has reduced market risks,and the regulation and self-disciplinary management of credit derivatives markets have been strengthened.At present,an orderly regulatory system and an institutional framework are initially established in the credit derivatives market of China,and a good market foundation is in place for its development.In the next stage,China should make good use of advantages,overcome adverse factors, and promote development through innovation to achieve a healthy growth of the credit derivatives market.

关 键 词：信用衍生品市场 国际经验 发展建议 

分 类 号：F832.5[经济管理—金融学]