作者：刘盛
作者介绍：华南理工大学法学院副教授，法学博士
出版日期：2025年8月9日
内容提要 提高金融监管透明度是完善现代金融监管体系的重要举措。我国对传统信息公开制度的路径依赖，催生了金融监管透明度的一元规制模式，表现出认知片面性、主体单极化、权力管控性的特征，引发对金融效率、金融公平、金融安全的悖反。需要立基于金融监管透明度包含公开维度和互动维度的完整认知，通过金融监管主体的权力转型和金融监督主体的权利（力）重构来塑造二元治理模式。公开维度的达成是完善互动维度的基础，应以金融监管主体的公开为主导，控制其自由裁量权；以金融监督主体的制衡为辅助，明确其监督权。互动维度的实现是完善公开维度的目标，须以金融监督主体的诉求为主导，赋予其参与权；以金融监管主体的救济为辅助，优化其公力救济权。
关键词 金融监管透明度 信息公开 自由裁量权 监督权
Abstract: Increasing the transparency of financial regulation is a significant move to enhance the modern financial regulation system. The path dependence effect of the traditional information disclosure system has promoted the unitary regulation model of financial regulation transparency in China. This model exhibits characteristics such as one-sided cognition, single polarization of subjects, and power control, which in turn create contradictions with financial efficiency, financial fairness, and financial security. To address these issues, it is essential to establish a dual governance model by transforming the power of financial regulators and reconstructing the power (rights) of financial supervisors based on a comprehensive understanding that financial regulation transparency encompasses both openness and interaction. The achievement from a disclosure standpoint serves as the cornerstone for gaining a deeper interaction. It should be dominated by the top-down disclosure of financial regulators, with control over their discretionary rights. External supervision of financial regulators should provide additional support, defining their supervisory authority. The goal of optimizing the disclosure perspective is achieved through an enhanced interaction. It should be driven by the bottom-up appeals of financial regulators, granting them participation rights. This process should be supported by the modest relief actions of financial regulators, optimizing their authority for public remedies.