Online banking is the combination of network and Website design On the basis of, the supervision of online banking is a challenging problem. Through the analysis of the operational risks faced by online banking, we should realize that the development of online banking will raise the supervision of the banking industry to a higher level of difficulty, and the risk supervision of online banking will become more complex. The emergence of Internet banking has brought revolutionary changes to the traditional banking business operation mode, operation and management mode, etc. Compared with traditional banks, the risks they face also show great particularity, which makes it difficult for the traditional banking supervision system to be fully directly applied to the effective supervision of Internet banking In terms of regulatory principles, regulatory systems, etc., the traditional financial supervision is facing numerous challenges.
(1) The concept of banking services has changed. After entering the era of online banking, the service concept of banks has changed greatly, from simple deposit, deposit and settlement business in the past to providing customers with full process services. Financial service packages or virtual financial supermarkets have been launched online. Customers can enjoy a series of services such as exchange payment, deposit and loan, insurance purchase, securities trading and so on through hyperlinks on a website. This will lead to the increase of marginal business and intermediate business in banking, securities and insurance industries. Because different types of financial institutions cross each other in carrying out network business, it is difficult to define the business type of some businesses according to traditional methods. In this case, the traditional mode of separate supervision of multiple regulators will either form a regulatory duplication or a regulatory vacuum, and will also increase the transaction costs of the supervised and the public. Obviously, the financial supervision subject is changing from multiple subjects to a single subject, and unified supervision will become the trend. A unified regulatory body can not only provide a fair and consistent regulatory environment, so that regulators can avoid differences of opinion and inconsistent information requirements between different regulatory agencies, but also make the public have a clear object of appeal in case of disputes with financial institutions.
(2) The scope of supervision was expanded. Due to the development of electronic currency and online finance, some non-financial institutions have also begun to set foot in financial or quasi financial businesses such as short-term e-commerce credit, intermediary payment, investment and financial advisory, so the scope of supervision will also be expanded, and the object of supervision also needs to be expanded from only financial institutions to some non-financial institutions that provide advisory services at the same time.
(3) It is difficult to define the scope of financial supervision. At present, the financial supervision departments in various regions basically divide their work according to regions, while online banks are not restricted by regions. Bank websites in various regions can cross develop business, and even domestic users can log on to foreign bank websites and conduct transactions. Therefore, it is difficult to define the scope of financial supervision. The blurring boundary and relatively low transfer cost of online banking not only make the regional division of labor of domestic financial supervision need to be clarified again, but also strengthen the international coordination of financial supervision becomes increasingly important.
