The Risk Management Of China's Auto Financing Lease

The automobile industry is an important part of our national economy.In recent years,the automobile industry has been developing rapidly,which provides a broad space for development of automobile finance.At present,our country's automobile finance is still in the early stages,cash and credit are the main way of automobile consumption.However,the proportion of car finance lease to the total sales volume is less,so it has great potential for development.Financial leasing is a kind of financial instrument which combines financing fund and financing item,the automobile is a kind of consumer goods,which makes the car finance lease have special business characteristics.According to the actual situati on of our country,there are still some problems,such as the lack of social credit syste m,the law is not perfect.Due to the influence of its business characteristics and exter nal environment,the financial leasing industry is facing more risks.Therefore,the ris k control and risk management is very important for the health and sustainable devel opment of the auto finance leasing companies.The core content of this paper is the main risk analysis and the construction of the risk management system.First,the paper briefly introduces the definition of financi al leasing and risk related concepts,and expounds the framework and ideas of the COSO,and summarizes the research and theoretical analy sis of the existing financial risks and risk management.At last,this paper introduces the foundation situation and the basic situation of risk management of XXF,make the COSO risk management framework as the main line,and use measures and methods of risk management in Basel,and construct the risk management system of XXF.Then bring some enlightenment in risk management of China's auto leasing.