宏观审慎视角下地方法人金融机构流动性风险管理体系构建——以山东省为例  

The Construction of Liquidity Risk Management System of Local Corporate Financial Institutions under Macro-prudential Perspective——A Case of Shandong Province

作　　者：孙蕾[1] 

机构地区：[1]中国人民银行济南分行,山东济南250000

出　　处：《西部金融》2017年第7期16-21,共6页West China Finance

摘　　要：近年来,我国金融机构在资金业务期限错配、市场业务杠杆率较高等多重因素影响下,流动性风险不断暴露;同时,地方法人金融机构相对于全国性机构而言,流动性管理和风险防控仍不成熟。特别是,金融创新和金融市场的快速发展已经使得流动性风险的本质发生了改变,商业银行对存款这一传统融资来源的依赖程度降低,对金融市场的依赖加强,在这一过程中,往往容易忽视流动性风险的系统性特征。本文结合流动性监测的实践经验,在宏观审慎框架下构建地方法人金融机构流动性风险管理体系,从而加强流动性风险管理,促进金融机构提升流动性风险防范能力。In recent years, China＇ s financial institutions have been exposed to liquidity risks due to the mismatch of the fund ma- turity and a high leverage ratio of market operations. At the same time, local corporate financial institutions are still immature in liquid- ity management and risk prevention and control compared with national institutions. In particular, the rapid development of financial innovation and financial markets have changed the nature of the liquidity risk, the dependence of commercial banks on the traditional funding source like deposits has been reduced while the dependence on financial markets has increased. In the process, the nature of systematicness of the liquidity risk is often easily ignored. Therefore, as China＇ s economic development enters into a new normal and the degree of financial market participation of commercial banks increases, it is necessary to examine the liquidity risk of commercial banks under a macro-prudential perspective. In combination with the practice of liquidity monitoring experience and under the macro-prudential framework, the liquidity risk management system of local corporate financial institutions should be constructed to strengthen the liquidity risk management and push financial institutions to boost liquidity risk prevention ability.

关 键 词：宏观审慎 流动性风险 同业业务 

分 类 号：F832.2[经济管理—金融学]