금융청 설치 이후 일본 금융규제시스템 하에서의 관민관계- ‘일본 금융규제･감독자의 인식조사’ 결과를 바탕으로 -

It could be said that the Financial Services Agency (FSA) breaks from the convoy system -the typical Japanese regulation method of the Ministry of Finance (MOF) period- and implem ents a new regulatory system. If so, what are the characteristics of this new regulatory system since the foundation of the FSA? Could it be assumed that the Japanese financial regulation system follows the English and American methods?This research aims to demonstrate, through the survey of financial regulators, the reality of Japanese financial regulation system since the establishment of the FSA. To synthesis the results of analysis, the current financial authority’s market intervention methods differ from the former convoy system of the MOF. That is to say, the present financial authority shows low recognition in the need of informal exchange with the financial industry and rarely uses casual contacts with the private sector. Those who work(ed) in the FSA attest low contact frequency with the private sector. However, it can’t be concluded that the Japanese financial regulation system emerges to that of English and American, moving away from the convoy system. The Japanese financial authority keeps the stance/ the idea / the position / the attitude that it still needs to consider the stability of financial system and to pay attention to individual financial institution’s situation. Also, senior officials commonly have contact with the private sector. Thus, the present financial regulation system is a mix of the Japanese and the English and American methods.