Analysis for Financial Innovation Risk and Control Policy

If financial innovation improperly involved at the process of promotion finance development,it may enlarge the financial risks.Because it will urges the Commercial banks to change their management strategies,and the financial system will change its constitution,as well as the confidentiality of financial risks will be stronger.The financial innovation risk has brought the huge impacts to the financial industry,so it must be controlled through carry on the institutional innovations at the financial innovation,and perfects the financial supervision system.The financial organs should promote the risk recognition and the managed capacities while carries on the financial innovation,and should pay great attention specially to guard against the new risks in the innovation process,guarantees the financial stability,enhances the Chinese financial industry the international competitiveness.