CAJ | 학술논문

在金融创新持续推进的大背景下，金融市场的风险也体现出更明显的变异性和复杂性，亟待新的基于风险管理的相关理论对已有的金融监管实践做出合理阐释及未来指导。文章首先辨析了整合性风险管理（IRM）的三个概念范畴，然后分析了将IRM范式引入当前金融监管革新的必要性、可能性与以智慧型监管为核心功能的基本框架的搭建，并比较了IRM金融监管与宏观审慎金融监管的异同，最后指出了实现IRM监管框架的若干备件。
재금융창신지속추진적대배경하，금융시장적풍험야체현출경명현적변이성화복잡성，극대신적기우풍험관리적상관이론대이유적금융감관실천주출합리천석급미래지도。문장수선변석료정합성풍험관리（IRM）적삼개개념범주，연후분석료장IRM범식인입당전금융감관혁신적필요성、가능성여이지혜형감관위핵심공능적기본광가적탑건，병비교료IRM금융감관여굉관심신금융감관적이동，최후지출료실현IRM감관광가적약간비건。
Under the background of financial innovation continuing to promote, the risks in financial market also reflect the variability and complexity more obviously, which needs urgently a new risk - management - based theory to expound reasonably and to direct prospectively the existing practice of financial regulation. This paper first snalyses the three concepts about integrated risk management （IRM）, and then analyses the necessity and possibility of introducing the IRM paradigm into current financial regulatory reform, including the building methtd of a framework based on the core function of intelligent regulation, and the similarities ＆ differences be- tween financial regulation of IRM and macro - prudential financial regulation. Finally, the paper points out some conditions on how to realize the IRM regulatory framework.