Risk Management Of Our Country's Personal Financing Service

The Personal Financing Service (PFS) is the expansion of traditional private bank service. It is comprehensively financial service of which financial setups like banks help wealthy individual customers realize preservation and increment of the value of properties. PFS is the reform breach of financial industry multi-operation in our country, and also is the main battlefield competing with the foreign banks after joining WTO. Therefore, various financial setups all extremely pay attention to developing PFS. In the process of developing PFS, it is unavoidable to face various risks. So it is essential to carry out risk management for PFS. The financial setups, the supervising and managing department as well as individual investors should pay high attention to the risks and the risk management of PFS.This article divides into four parts:The first part makes the theory and document bedding of PFS and its risk management. This part briefly narrates the relating theories of the financial risks and financial risk management, defines PFS, puts forward that it is necessary to manage the risks of PFS. This part also introduces the related laws and regulations of the risk management of domestic PFS, the experience of risk management of PFS overseas, as well as the present situation of research for PFS by domestic theorists.The second part is about the international comparison of PFS. First, it introduces the development situation of PFS in western developed countries represented by USA and Hong Kong area. Then it introduces the present development situation of domestic PFS. In terms of the development situation of domestic PFS, it separately introduces the development situation of...