Loading...
|
Please use this identifier to cite or link to this item:
https://nccur.lib.nccu.edu.tw/handle/140.119/30462
|
| Title: | 在金融控股公司架構下如何防範銀行安全網遭濫用 |
| Authors: | 楊蓁海
Young Jen-hai |
| Contributors: | 沈中華
Shen Chung-Hua
楊蓁海
Young Jen-hai |
| Keywords: | 金融控股公司
安全網
金融補貼 |
| Date: | 2002 |
| Issue Date: | 2009-09-11 17:58:05 (UTC+8) |
| Abstract: | 隨著金融集團組織大型化，金融體系的系統性風險提高。為保護小額存款人及維持金融穩定，銀行安全網實有存在必要。然而銀行安全網的過度補貼也會助長道德風險的問題。理論上，如果銀行遵循法規的成本負擔等於或大於所得到的安全網總補貼，即銀行無法得到政府的實質淨補貼，則銀行安全網遭濫用的可能性將可有效降低。然而實務上，安全網補貼的金額及銀行遵循法規的成本負擔均不易量化估算。
在金融控股公司架構下，為防範銀行安全網遭濫用，可行的方法包括：控制銀行安全網的補貼於適當水準，監控防火牆阻隔利益輸送，健全金融集團體質，加強金融體系之公司治理與市場制約，以及強化金融監理等。我國規範金融控股公司防火牆的相關法規大致粗具，惟亟需加強者在於金融監理、公司治理、市場制約、與社會道德與法治觀念的提升。
為避免金融控股公司及其子公司引發系統性風險、道德風險及銀行安全網遭濫用，本文乃就央行扮演最後貸款者角色、央行扮演支付系統保證付款角色、存款保險及金融監理與法規四方面提出具體建議供金融主管機關決策參考，以期防範未然。
The emergence of financial conglomerates has raised concern over the increasing systemic risk of financial systems. To protect individual depositors and maintain financial stability, the financial safety net is urgently needed. On the other hand, the financial safety net could provide excessive subsidies, thereby incurring moral hazard. Theoretically, if banks’ regulatory cost equals or outweighs gross subsidy from the financial safety net, real net subsidy banks receive from the government will be zero or negative. Then the possibility of abusing the financial safety net could thus be effectively reduced. In practice, however, neither subsidy from the financial safety net nor banks’ regulatory cost can be easily quantified.
Under the framework of financial holding companies, feasible ways to prevent abuse of the financial safety net include the following: (1) keep subsidy from the financial safety net at an appropriate level, (2) build a firewall to insulate illegal profiteering, (3) enhance the health of financial conglomerates, and (4) strengthen corporate governance and market discipline of financial systems, and (5) reinforce financial supervision. In the case of Taiwan, regulations related to firewalls of financial holding companies have been largely in place, while financial supervision, corporate governance, market discipline, morality and the rule of law need to be further emphasized.
To prevent the abuse of the financial safety net, this paper follows four perspectives: (1) the central bank as lender of last resort, (2) the central bank as guarantor of the payment system, (3) deposit insurance, and (4) financial supervision and regulation, and provides concrete suggestions to monetary authorities in devising preemptive measures.
論文提要………………………………………………………………I
壹、緒論………………………………………………………………1
一、研究動機………………………………………………………1
二、研究範圍.…………………………………………………….2
三、研究方法與架構………………………………………………3
四、研究結論的參考價值………………………………………..3
貳、我國金融控股公司概況………………………………………….5
一、金融控股公司的架構與現況…………………………………5
二、金融控股公司可能發生的問題……………………………..8
參、銀行安全網……………………………………………………..11
一、銀行安全網的功能…………………………………………..11
二、銀行安全網的範圍…………………………………………..12
三、銀行安全網的補貼類型……………………………………..19
四、金融補貼移轉的方式………………………………………..23
肆、防範銀行安全網遭濫用的對策………………………………. 26
一、減少銀行安全網補貼………………………………………..26
二、嚴密監控防火牆……………………………………………. 38
三、加強自律機制………………………………………………..44
四、健全金控集團體質…………………………………………..48
五、強化金融監理………………………………………………..50
六、其他方法……………………………………………………..54
伍、結論與建議……………………………………………………..56
附錄…………………………………………………………………..60
一、美國金融安全網的其他重要組成分子……………………..60
二、學者專家對LOLR應否對問題銀行融通的看法…………….61
三、學者專家對美國存保費率是否對銀行補貼的看法……….. 62
四、美國FDIC處理大陸銀行紓困案…………………………….64
五、美國的立即導正措施…………………………………………65
六、我國的立即導正措施…………………………………………66
七、美國金融業防火牆相關法規………………………………… 67
八、我國的資訊防火牆……………………………………………68
九、我國金融控股公司必須揭露的重要資訊……………………69
十、美國金融控股公司的監理方式………………………………70
參考文獻……………………………………………………………. 72 |
| Reference: | 一、中文部份
1.中央銀行外匯局，美國金融服務業現代化法，金融聯合徵信中心，89年12月
2.中央銀行，金融控股公司設立對我國金融業發展之可能影響，91年1月
3.中央銀行經濟研究處譯，美國聯邦準備法及其相關法規，各國中央銀行法選譯（第二輯），82年3月
4.中央存款保險公司，各主要國家存款保險法規彙編，存款保險叢書之三十一
5.金融六法，財政部金融局
6.金融業務參考資料，中央銀行金融業務檢查處
7.王文宇，金融控股公司基本架構的法律評析，金融控股公司與跨業法制學術研討會，90年2月
8.王志誠，金融控股公司的經營規範與監理機制，金融控股公司與跨業法制學術研討會，90年2月
9.王耀興，金融改革的真諦，存款保險資訊季刊，第十五卷第三期，91年3月
10.沈中華，貨幣銀行學─全球的觀點，新陸書局，88年9月
11.沈中華、郭照榮，金融機構管理，華泰公司，90年9月
12.沈中華，Basel II的缺點及改進建議，台灣金融財務季刊，第四輯第一輯，92年3月
13.李光輝、高超陽等五人，日本政府處理金融機構不良資產之運作機制，中央銀行國際金融參考資料，第四十七輯，91年5月
14.林書慧，淺論金融控股公司的法制建構，90年5月
15.林翰基，作業風險管理及監理的健全實務，金融產業週報910204
16.陳裴紋，美國金融服務業現代化法案的內容及其影響，中央銀行季刊，第二十二卷第一期，89年3月
17.郭秋榮，美國、日本我國立即糾正措施相關規定之比較，經濟研究，第二期，91年3月
18.許永明，金融監理制度與革新，台灣金融財務季刊，第二輯第三輯，90年9月
19.楊泉源等四人，我國存款保險制度實施以風險為基礎之差別費率可行性研究，存款保險叢書之四十六
20.黃達業，我國金融監理機構之設計與各式可行方案之比較，台灣綜合研究院金融證券投資諮詢委員會，91年10月
21.詹錦宏、曾勤峰，存款保險費率與銀行經營行為關係之研究，存款保險資訊季刊，第十四卷第一期，89年9月
22.蔡進才，存款保險由全額保障轉換為限額保障配套措施之探討，存款保險資訊季刊，第十五卷第四期，91年6月
23.賴文獻，存款保險國際準則之制定與探討，存款保險資訊季刊，第十五卷第四期，91年6月
24.樓偉亮，銀行監理與監理行動，存款保險資訊季刊，第十六卷第一期，91年9月
二、英文部份
1.Canals, J. (1997): “Universal Banking: International comparisons and Theoretical Perspectives”, Oxford University Press, New York.
2.Claessens, S., Klingebiel D. (2001): “Competition and Scope of Activities in Financial Services”, The World Bank Research Observer, Washington, Spring.
3.Claessens S., Klingebiel D. (1999): “Alternative Frameworks for the Provision of Financial Services”, World Bank.
4.Division of Banking Supervision and Regulation (1988): Section 20 subsidiaries—Impact on Inspections Resulting from the Replacement of “Firewalls” with Operation Standards, Board of Governors of the Federal reserve System, March 27.
5.Division of Banking Supervision and Regulation (1999): Risk-Focused Supervision of Large Complex Banking Organizations, Board of Governors of the Federal reserve System, June 23.
6.Ely, B. (2001): “The Federal Financial Sector Safety Net-An Overview of the Issues”, March.
7.Epps, T. W., Pulley, L. B., and Humphrey, D. B. (1996): “Assessing the FDIC’s Premium and Examination Policies Using Soviet Put Options”, Journal of Banking and Finance, vol.20, May.
8.Federal Deposit Insurance Act, Section 38
9.Federal Reserve System (2003): Regulation A; Extensions of Credit by Federal Reserve Bank & Regulation D; Reserve Requirements of Depository Institutions, Jan.
10.FDIC Quarterly Banking Profile, Fourth Quarter 2002
11.Freixas, X., Giannini, C., Hoggarth, G., Soussa, F. (1999): “Lender of Last Resort: A Review of the Literature”, Financial Stability Review, Nov.
12.Group of Ten (2001): Consolidation in the Financial Sector.
13.Gorton, Gary, and Rosen, R. (1995): “Corporate Control, Portfolio Choice, and the Decline of Banking”, Journal of Finance, vol.50, Dec.
14.Hoening, T. M. (1998): “Financial Modernization: Implications for the Safety Net” A speech delivered at Conference on Deposit Insurance Session on Deposit Insurance and Financial Modernization, Washington, D.C., Jan
15.Jones, K. and Kolatch, B. (1999): “Safety Net, Subsidies, and Financial Modernization”, FDIC Banking Review, Volume 12, No. 1
16.Meyer, L. H. (2001): “Controlling the Safety Net,” A speech delivered at the 37th Annual Conference on Bank Structure and Competition of the Federal Reserve Bank of Chicago, Chicago, Illinois, May.
17.Mishkin, F. S. (1998): “Financial Consolidation: Dangers and Opportunities”, NBER, Working paper 6655, July.
18.Mishkin, F. S. (2000): “Prudential Supervision: Why is it Important and What are the Issues”, NBER, Working paper 7926, September.
19.Saapar, I. and Soussa, F., “Financial Consolidation and Conglomeration: Implications for the Financial Safety Net”, Financial Stability and Central Banks, Bank of England
20.Santomero, A.M. and Eckles D.L. (2000): “The Determinants of Success in The New Financial Services Environment : Now That Firms Can Do Everything, What Should They Do and Why Should Regulators Care? ”, FRBNY Economic Policy Review, Oct.
21.Santos, J. C. (1998): “Commercial Banks in the Securities Business: A Review”, BIS Working Papers No.56, June.
22.Saunders A. and M.M. Cornett (2003): “Financial Institutions Management ”, Fourth Edition, McGraw-Hill Irwin.
23.Saunders, A., Walter, I. (1994): “Universal Banking in the United States”, Oxford University Press, New York.
24.Saunders, A., Walter, I. (1996): “Universal Banking: Financial System Design Reconsidered”, IRWIN.
25.Wallison, P. J. (2000): “The Gramm-Leach-Bliley Act Eliminated the Separation of Banking and Commerce, How this will Affect the Future of the Safety Net” May.
26.Walter, J. R. (1996): “Firewalls”, Federal Reserve Bank of Richmond, Economic Quarterly, Volume 82/4, Fall.
27.Whalen, Gary. (1997): “The Competitive Implications of the Safety Net-Related Subsidies”, Office of the Comptroller of the Currency Economics Working Paper 97-9, May. |
| Description: | 碩士
國立政治大學
經營管理碩士學程(EMBA)
90932204
91 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0090932204 |
| Data Type: | thesis |
| Appears in Collections: | [經營管理碩士學程EMBA] 學位論文
|
Files in This Item:
| File |
Size | Format | |
|---|
| index.html | 0Kb | HTML2 | 315 | View/Open |
|
All items in 政大典藏 are protected by copyright, with all rights reserved.
|
