Research On Risk Control Of Trust Companiese In China

Trust is based on the basis of trust,the property as the core,to entrust the transaction for a way of property management,management system.The trust company is extremely important in its position in the economy because of its convenient operation,flexibility,financing,asset management and social welfare.As the development of the size of the bank's trust company,for the prosperity of China's financial industry has contributed an important force,has become an important thrust of the financial industry and even economic prosperity.Trust companies to enter China has been nearly a hundred years of history,experienced several generations of efforts,ups and downs,the trust as a system in China has been steady development.Among them,the global financial crisis in 2008,under the impact of a hundred years,China's trust companies upstream,glow with incredible vitality,and the country "to expand domestic demand,structural adjustment,security growth" policy synchronization,the maximum use of their own strengths,The size of the trust in 2012 officially beyond the insurance,becoming the second largest financial industry,reaching 177400 billion yuan.And in2016 the size of the trust continued to grow steadily,officially entered the 19 trillion,reaching the peak of history.This is accompanied by a variety of turmoil at home and abroad,such as the two Iraqi war,the 98 Asian financial crisis,the Japanese economic bubble,the US financial crisis,the European sovereign debt crisis,which are all about the development of China's trust industry after the reform and opening up China's trust company's development has had a profound impact.In the whole process of Nirvana,China's trust industry has experienced "from scratch,from weak to strong" the whole process.Trust risk has been throughout the development of the trust company has always been.Trust industry after five rectification and "one law three rules" and so on,China's trust industry gradually on the right track,usher in new opportunities and development.However,China's trust industry still has many problems,such as unreasonable internal institutions,management messy,business definition of unreasonable,legal construction and other backward issues.Government officials for the performance,regardless of the existing laws and regulations forced to force the local government to provide third-party guarantee for the trust project,which completely disrupted the trust within the company's normal risk control system to face the local government guarantees;investors on the trust company issued private The operating conditions of the products are poorly understood.The purchase of these products depends mainly on the reputation of the trust company and the degree of recognition of the sponsor,but because of the trust itself and the guarantor of the problem,the risk of many trust products can not get the product issuer is very good Control,credit rating,methods are not in place,the relevant departments of the supervision is not perfect,which makes the quality of trust products are missing,credit assessment can not be accurately positioned,market transparency of information is not enough,investors are gradually missing confidence,And finally led to the trust products are not accepted by the market.Observe the market has been suspended in the trust products,are through the relevant departments of the credit rating,which is related to the legitimacy of the product,the expected rate of return is too high,the true value of the collateral,the guarantor's reputation and ability,If you simply listen to the trust company's explanation is not enough,bear the investment risk will undoubtedly be greater.This paper intends to analyze the current situation and shortcomings of the risk control model of domestic trust companies,and keep up with the general situation of China's economic situation and economic development.In view of the problems existing in the risk control mode of the trust companies,this paper draws on the perfect,advanced and systematic risk control mode Trust companies provide some viable advice in risk control mode.The framework of this paper has five main components,the first part is the introduction of this article.It mainly introduces the background and significance of the topic,the research ideas and methods,the research contents and the contribution points and the shortcomings,and makes a general summary of the framework of the whole paper.The second part is the literature review and research review of the risk of trust control.Mainly combing the domestic and foreign scholars have formed on the trust risk control theory and literature and reviewed the article for the follow-up study to pave the way.The third part is the present situation analysis of China's trust risk control mode.Based on the actual situation of China's trust companies,this paper uses a variety of methods to carry out detailed research on the business status and risk control mode of the trust companies and analyze the possible reasons for the risk model of trust control.The fourth part is the analysis of the risk control mode of China Aviation Trust Company.And analyzes the problems existing in the risk control mode of China Aviation Trust Company,and puts forward the pertinent measures for the problems in the risk control mode.The last part of this paper is the conclusion and policyrecommendations of this paper.It is poi nted out that the trust company should adapt to the changing market environment,the theory and practice,develop the differentiated risk control system,and the implementation details should be related to organizational structure,process,sale and so on,and improve the risk management ability of the trust company.Policy recommendations that reduce the risk of trust risk control model problems,the trust company should credit risk management and channel development work to strengthen the operational risk and liquidity risk attention to strengthen the industry regulation,optimize the product.