Investigation And Research On The Transformation Of Banking Asset Management Under The New Regulations

This paper mainly takes the release of the New Regulations on Assets and Management as an opportunity to study the changes and improvement process of the asset management business supervision system of commercial banks,and the future transformation direction.By the end of the 17 th year,the assets of China’s commercial banks had reached 22.2trillion yuan.Its development probably experienced three stages of start-up,development and regulation,but the regulatory system has always lagged behind the speed of industry development.Although since the beginning of 2005,the China Banking Regulatory Commission has officially included bank financing in the scope of supervision,but for many years,the asset management industry has been lacking uniform regulatory rules in the industry,which has led to the development of industry irregularities and the existence of regulatory arbitrage.Therefore,many risk risks have been buried.The original intention of the New Regulations on Asset Management was to improve this loophole.After the release of the “new regulations”,the banking industry will face a more severe financial management situation: “rigid redemption” is completely banned;channel business is banned and nesting is limited to one floor;the pool pool model is difficult to continue;industry competitive pressure Constantly expanding and so on.The reflection of these changes at the micro level is that the proportion of funds invested in non-standard products is declining;the volume and duration of revenue-based wealth management products are expected to decline;the scale of distribution of net-type wealth management products is rising;structural wealth management products A sudden rise.The reform will inevitably be accompanied by sacrifice.Since the release of the new regulations,the commission income of many listed banks has shrunk,and the shrinkage rate of state-owned big banks has even reached 23%.However,in the long run,the wealth management industry that has done a good job of risk control will face better development prospects.The “new regulations” bring opportunities while bringing challenges: the construction of financial subsidiaries has received sufficient attention and support,and the future wealth management business will become more professional;with the expansion of investment scope,excellent Practitioners also rely on their professional asset allocation capabilities to achieve higher income.Under such circumstances,commercial banks should seize the opportunity to actively update their wealth management products and investment concepts,complete a series of product value,investment concept,investment scope,financial institutions,and asset allocation.The transformation,and strive to improve their profitability in line with regulatory requirements.At the same time,it is necessary to establish a financial management subsidiary,establish a market-oriented talent mechanism,and establish a new financial technology system to further expand its competitive advantage.