随着我国金融业改革步伐的加快，金融机构已步入“大资产管理”时代，各竞争主体纷纷扩容，“你中有我”、“我中有你”的混业经营格局取代了原有的“银证保”界限分明的格局。

With the speeding up of the pace of financial reform in our country,Financial institutions have already entered"Large asset management"age,Each competition main body expands in succession,"pretences-or"/"I have you"The mixed management pattern to replace the original"Silver-colored card to protect"The pattern of lines.

　　在机遇被放大的同时，风险亦紧随而至。2012年岁末，有知名商业银行上演了一场理财产品纠纷。这意味着围绕资金的争夺战，已经从周边的信托、券商、保险，蔓延至金融主动脉的商业银行。

At the same time of opportunity to be amplified,Risk also followed.In 2012, the end,Have staged a well-known commercial bank financing products.This means that money transfer,From the perimeter of the trust/brokers/insurance,Spread to the commercial bank financial aorta.

　　十二届全国人大一次会议将审议国务院机构改革和职能转变方案。人们关注的焦点集中到金融系统是否能搭上“大部制改革”的头班车。无论最终的结果如何，在大资管时代，金融综合监管已成为顺应形势变化发展的必然趋势。

Twelve sessions at a meeting of the National People's Congress will review agency under the state council reform and function transformation scheme.The focus of attention to whether the financial system can build on"The super-ministries reform"The first bus.No matter how the end result,In the information era,Comprehensive financial regulation has become the inevitable trend of adapt to the situation change development.

　　⊙本报两会报道组 ○编辑 龚维松

You this two groups Gong Weisong editor

专家呼吁统一“游戏规则” Experts are calling for unity"The rules of the game"

　　全国政协委员、银监会前主席刘明康在两会期间接受本报记者采访时表示，“在大资管和开放大格局的情况下，我们要特别的注意完善风险防控体制，加强和完善兼容监管”。

The national political consultative conference (CPPCC)/Banking regulatory commission liu mingkang, former chairman of the CPPCC, said during an interview with our reporter,"In the big big pattern under the condition of information technology and open,We paid special attention to improve the risk prevention and control system,Strengthen supervision and improve the compatibility".

　　从历史教训来看，如价值6000多亿美元的雷曼兄弟金融公司，盲目混业经营，仅因为300亿美元的周转资金，顷刻间被摧毁。

From the historical lessons,If more than $6000 worth of lehman's financial firms,Blind mixed management,Just because the working capital of $30 billion,Suddenly be destroyed.

　　因此，原则上，中国实行分业经营分业监管。相关法律规定，证券业和银行业、信托业、保险业实行分业经营、分业管理，证券公司与银行、信托、保险业务机构分别设立。在现行“一行三会”金融监管制度下，各路机构分别根据所从事业务获得牌照。

so,In principle,,Shall be adopted by China supervised respectively.Related laws and regulations,The securities industry and banking/Trust business/Shall be adopted by the insurance industry/Decentralized management,,Securities companies and Banks/trust/Insurance business institutions shall be established separately.In the current"A line of three will be"Financial supervision system,Respectively according to the various institutions engaged in the business license.

　　一位保险业人士直言，“现在已经出现了一些交叉性金融产品，但这些金融产品分别归属不同部门监管，在产品审批、发行起点、产品份额、产品推广和信息披露等方面标准各异，不仅会使一些调控手段失效，也难以充分保护消费者的权益。”

An insurance people the truth,"Now there are already some crossed financial products,But these financial products belong to different department regulation,In the product approval/Issuance of starting point/Product share/Different product promotion and information disclosure standards,Not only will disable some control measures,Also cannot fully protect the rights and interests of consumers."

　　“分业监管体制下，银行、证券、保险等不同类型的金融机构归不同的监管部门管，监管标准也不一致。”一位信托业人士举例说，即使在同一个监管部门内部，如银监会针对银行、信托出台的类似业务的法规和监管政策也往往出现一定差异。

"Under the separate regulation system,The bank/securities/Insurance belongs to the different types of financial institutions, such as different regulator tube,Are not uniform regulatory standards."A trustee, for example,Even within the same regulators,Such as the China banking regulatory commission for Banks/The trust has the similar business regulations and regulatory policies also tend to be a certain difference.

　　为此，不少国内资产管理业专家呼吁，希望大资产管理行业能够建立统一的“游戏规则”，实行统一的监管原则。

To do this,Many domestic asset management industry experts are calling for,Hope to establish unified big asset management industry"The rules of the game",Unified regulatory principles.

　　目前，包括平安集团、中信集团、光大集团等金融机构已具备综合化经营资格和能力。显然，金融发展改革已到关键时期。

At present,Including ping an group/Citic group/Everbright group has financial institutions, such as integrated business qualifications and ability.clearly,Financial development and reform has been to the critical period.

　　面对不断出现的金融控股公司，有权威人士认为，可以借鉴国际经验，探索建立符合中国国情的综合金融监管体系。确立金融控股公司的监管主体，通过立法明确综合监管机构的地位、性质、职责和权限，从体制和技术层面上，改革完善现有监管体制，避免监管真空和重复监管。

In the face of growing financial holding company,Authorities believe,Can draw lessons from international experience,To explore the establishment conforms to the situation of China comprehensive financial regulatory system.Establish the financial holding company's regulatory body,Comprehensive clear regulatory status through legislation/Nature of the/Responsibility and authority,From the system and technical level,Reform and perfect the existing regulation system,To avoid regulatory vacuum and overlap.

　　综合金融监管体系的建立尚需法律的跟进。全国人大代表、光大集团董事长唐双宁建议，拟定立法时间表，利用3至5年的时间完成金融综合经营立法。

The establishment of the integrated financial supervision system still needs the law to follow up.The National People's Congress/Everbright group chairman Tang Shuangning advice,Legislative timetable,Use three to five years to finish the financial comprehensive operation legislation.

　　监管需自上而下顶层设计 Regulation should be from top to bottom the top-level design

　　按照试点先行，再全面铺开的一般原则，金融混业经营监管是否也可以采用地方试点先行的方式呢？

According to the pilot,General principles of fully rolled out again,Mixed management in financial regulation, whether also can adopt the way of local pilot?

　　央行济南分行行长杨子强建议，实行区域金融稳定地方政府负责制。目前，人民银行在维护金融稳定工作方面，只有监测分析报告和提供参谋服务。而区域性金融风险的防控处置涉及司法部门审理案件等多个部门，需要各相关部门强化协调合作。

Central bank jinan branch President Yang Zijiang Suggestions,Responsibility system of local government implement regional financial stability.At present,The people's bank of China in maintaining financial stability,Only monitoring analysis report and provide advisory services.And the prevention and control of regional financial risk disposal involving multiple departments such as the judicial trial,Various related departments need to strengthen coordination and cooperation.

　　从近年区域性金融风险处置经验看，如果没有地方政府在第一时间加强组织领导，很难控制金融风险蔓延。

Looked from in recent years, the regional financial risk management experience,If there is no local governments to strengthen organization and leadership in the first time,It is difficult to control the spread of financial risks.

　　有专家建议，地方在实施金融综合改革一揽子方案时，设立地方性的超级金融管理局，把“银证保”纳入统一管理。

Some experts suggest,When implementing financial reform package,Set up a local super financial administration,the"Silver-colored card to protect"Into the unified management.

　　全国政协委员、银监会前主席刘明康表示，“地方试点是试不起来的，上面不动，下面动不起来”。

The national political consultative conference (CPPCC)/The China banking regulatory commission liu mingkang, former chairman of said,"Pilot is not try,It did not move,Can't move up below".

　　唐双宁则建议成立“国家金融设计委员会”。他说， 国家金融设计委员会可以专注于我国金融业改革的顶层设计，综合各方面的研究和实践成果，提出我国金融业整体改革方案建议，设计改革路径和实施机制。

Tang Shuangning is proposed"The country's financial development committee".He said, National financial development committee to focus on financial sector reform in our country the top-level design,Integrated all aspects of the research and practice results,The whole of China's financial industry reform Suggestions are put forward,Design reform path and the implementation mechanism.

　　“这是一个能够同时跟踪和了解所有金融行业，具有高度综合性、专业性、独立性、包容性，具有较高层级的权威性的决策参谋机构。”他说。

"This is a can simultaneously track and know all the financial industry,Are highly integrated/professional/independence/inclusive,Staff with higher levels of authority of decision-making."He said.

　　一位金融专家还建议，应尽快制定一部系统和完善的《金融控股公司法》，对金融控股公司、控制性持股、子公司予以法律界定，对金融控股公司的设立、业务范围、法律地位、主体资格、治理结构、经营机制、信息披露、市场准入与退出、母子公司间的法律和经济关系及监管责任予以明确。

A financial experts also advise,Should formulate and perfect a system as soon as possible[Financial holding company law],On the financial holding company/Controlling stake/Affiliates shall be legally,For the establishment of financial holding companies/Scope of business/Legal status/Subject qualification/The governance structure/Operational mechanism/Information disclosure/Market access and exit/The legal and economic relationship between parent-subsidiary and clear regulatory responsibilities.

　　今年的政府工作报告提出，要“深化金融体制改革，健全促进实体经济发展的现代金融体系，提高银行、证券、保险等行业竞争力。”

This year's government work report,to"We will deepen reform of the financial system,Improve the modern financial system to promote the development of real economy,Improve the bank/securities/Insurance industry competitiveness."

　　可以预期，“十二五”乃至今后相当长时期内，我国金融业改革的一个显著特点是：改革同时涉及银行、证券、保险、信托等金融业的全部领域，不再是在某一个金融部门“单兵独进”，具有更强和更高层面的综合性，需要宏观与微观相结合，理论与实践相结合，做好顶层设计。

Can be expected,"The 12th five-year"And quite a long period of time in the future,The reform of China's financial industry is one of the notable characteristics:Reform involves the bank at the same time/securities/insurance/Trust in the financial sector such as all field,Is no longer in one financial sector"Individual scoring",More comprehensive and higher level,Need to combination of macro and micro,Combining theory with practice,The top design.

　　业内专家认为，一个健全的现代金融体系，如果没有与之对应的综合监管体系，是不可想像的。顺应我国金融业改革发展的需要，对现有的金融分业监管体制进行顶层设计，也应该是我国金融改革的一项重要内容。

Industry experts believe,A sound modern financial system,If there is no corresponding with the comprehensive regulatory system,Is unthinkable.Conform to the needs of the development of China's financial sector reform,The existing system of financial industries managed and supervised respectively to the top-level design,Should also be an important part of Chinese financial reform.