Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

Shadow Banking: The Emergence, Development, and Regulation

Authors
Longsheng Chen1, *
1Adam Smith Business School, University of Glasgow, Glasgow, G11 6EY, United Kingdom
*Corresponding author. Email: *chenlongsheng2000@gmail.com
Corresponding Author
Longsheng Chen
Available Online 30 November 2023.
DOI
10.2991/978-94-6463-298-9_6How to use a DOI?
Keywords
Shadow banking; Risk analysis; Mechanism of operation; Macroprudential regulation
Abstract

Since the 1980s, shadow banking has emerged and rapidly developed due to the rapid progress in financial liberalization and innovation in financial instruments, thereby fostering the prosperity of the global financial market. This study begins by examining the emergence and development of the shadow banking system, analyzing its classification and operational mechanism, and comparing specific manifestations across different countries. Building upon this foundation, it explores both positive and negative economic effects brought about by shadow banking while specifically addressing challenges and opportunities within China's current economic landscape. Furthermore, it compares distinct measures taken for macro supervision and examination of shadow banking in major economies worldwide. Based on these considerations, along with China’s national circumstances, this paper examines certain shortcomings and deficiencies in the current regulatory framework about this matter ultimately proposing appropriate measures and recommendations.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2023
ISBN
10.2991/978-94-6463-298-9_6
ISSN
2352-5428
DOI
10.2991/978-94-6463-298-9_6How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Longsheng Chen
PY  - 2023
DA  - 2023/11/30
TI  - Shadow Banking: The Emergence, Development, and Regulation
BT  - Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
PB  - Atlantis Press
SP  - 42
EP  - 56
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-298-9_6
DO  - 10.2991/978-94-6463-298-9_6
ID  - Chen2023
ER  -