The Research Of Unstandadized Financial Products For Status, Meanings, Risk Control, And Policy Suggestion

This thesis first introduced the general situation of non-standardizedfinancial product, including its definition, development, status, origin, andregulation. It pointed out that non-standardized financial product is thecompound of needs of the real economy for financing, the developingfinancial system, and evasions of financial regulations. Then it summarizedmeanings of non-standardized financial product and its negative influence onmacroeconomic and financial industry. Finally, the thesis suggested thatsolving the problems of non-standardized financial product needscomprehensive treatment: dredging the origin, directing needs, and blockingloopholes. The systematic risk of non-standardized financial products can bereleased only if there are more formal and transparent financial methods toserve the real economy.