科技驅動的金融創新所內含的技術風險、操作風險,甚至誘發系統性風險之可能,迫使監管者必須予以有力回應。然而,監管技術匱乏、監管法律滯后和監管理念守舊等問題,以審慎監管、功能監管、行為監管等為核心構建的傳統監管體系和法規無法有效應對去中介、去中心化的金融交易現狀。因此,必須在審慎監管、行為監管等傳統金融監管維度之外增之以科技維度,形塑雙維監管體系,從而更好地應對金融科技所內含的風險及其引發的監管挑戰。科技維度的監管致力于依靠大數據、云計算、人工智能、區塊鏈等技術構建科技驅動型監管體系。其以數據驅動監管為核心,構筑起分布式的平等監管、智能化的實時監管、試點性的監管沙盒為核心的金融監管體系,突破傳統金融監管的固有困局,創新監管方式,保護金融消費者,維護金融穩定。

The technological and operational risks in technology-driven financial innovations,and even the possibility of induced systemic risk,force regulators to make effective responses.However,due to the absence of regulatory technology,the lag in regulatory laws and out-of-date regulatory concepts,traditional regulatory systems and laws focused on prudential,functional and behavioral supervision cannot effectively respond to the present state of disintermediation and decentralized financial transactions.Therefore,to the traditional prudential and behavioral dimensions of financial supervision must be added the technological dimension,forming a twodimensional regulatory system that is better able to cope with the inherent risks in financial science and technology and the consequent regulatory challenges.We should be committed to relying on technologies such as big data,cloud computing,artificial intelligence and blockchain to build a technology-driven regulatory system.With datadriven regulation at its heart,this system should build a financial monitoring system centered on distributed equal supervision,intelligent real-time supervision and a pilot regulatory sandbox,breaking through the inherent predicament of traditional financial supervision and innovating regulatory models to protect financial consumers and maintain financial stability.