SPECIAL ISSUE： ANTI-CORRUPTION STRATEGIES IN TRANSITIONAL CHINA --Implications of the Financial Crisis for China＇s Information Supervision and Curbing of Financial Corruption

美国次贷危机（金融危机）彰显了现有金融监管模式对于系统性风险的防范失败。次贷危机的根源，很大程度上可以归咎于金融信息披露严重失范滋生的金融腐败。作为一种规制金融信息披露、通过透明度约束降低腐败的需求与供给的监管方式，信息监管对于遏制金融腐败具有重要作用。比较美国新的金融监管体制改革，立足中国实践，重构金融监管体制，可以以信息监管为中心，进一步完善金融机构的信息披露制度，努力构建一个统合的金融信息平台，建设有效的信息共享机制，整合监管资源，形成金融反腐防腐的强大合力。

Implications of the Financial Crisis for China's Information Supervision and Curbing of Financial Corruption

The US subprime crisis(financial crisis) highlights the failure of existing mechanisms of financial regulation to prevent systemic risk.Reflection shows that the fundamental causes of the subprime crisis are largely attributable to financial corruption arising from grave violations of financial information disclosure.Information supervision is an important check on financial corruption in that it serves as a means of regulating financial information disclosure and through transparency,reducing the demand fo...