Research On The Information Disclosure Of GS Bank’s Asset Custody Business

From a global perspective, the trust mechanism is accompanied by the emergence and development of securities investment funds. Securities investment in the early, management and operation are not standardized, due to the lack of necessary constraints and monitor, the fund management industry appeared a variety of favoritism.The trust system is independent of the securities investment fund management system.In the governance structure of the separation of powers, entrust, asset management and asset custodian are entitled to right and get profit, management right and supervision right.Separation of the three powers of the system arrangement, intended to use the asset custodian supervision form of asset management unreasonable use of the power of investment restrictions.However, because of the public trust in the service areas of the custodian bank is not deep, China’s securities investment fund information disclosure is a major problem, one after another in 2007 after the outbreak of the rat incident, to the economic development of 2007 has a major impact.GS bank is not the only managed bank in the market, the information obtained is only a small part of the entire information management industry, so the integrity of information is limited. This restriction will directly lead to the problem of the supervision and control of the securities investment fund and the information disclosure of securities investment funds,Through the analysis of the information disclosure system and the core products of GS bank, we believe that GS bank as custodian bank, in the securities investment fund information disclosure system or to be improved.For example, the introduction and strengthening of ISAE3402(SAS70) service standards audit, optimize the hosting information disclosure service platform and other measures.Including GS banks in other areas of the custodian is still dependent on the principal and asset managers, so we further put forward regulatory agencies and custodian bank linkage, comprehensive information disclosure risk, strengthen the internal audit of bank asset custody business, etc., in order to strengthen the management of bank information disclosure risk control, improve the quality of service...