The Impact Of China's Leverage Ratio Supervision On Asset Allocation Of Commercial Banks

In the post-crisis era,the financial community rethinks the current regulatory model and agrees that a single monitoring indicator of capital adequacy ratios does not protect against financial systemic risks.Basel ? therefore introduces leverage ratio regulation,and the addition of leveraged regulatory indicators becomes new.The important part of the capital supervision box,it effectively supplements the shortage of capital adequacy.China's financial regulatory agencies have also implemented new capital management measures for commercial banks in accordance with the framework of the agreement,known as the “China Basel Accord”.Under the new regulatory approach,the bank's own asset allocation structure should be appropriately changed to deal with double Indicator monitoring requirements.Therefore,it is of great practical value and practical significance to study the direction of asset adjustment under the supervision of China's commercial banks in the introduction of the new indicator of leverage ratio.This article first briefly introduces Basel ? and the new regulations on leverage ratio introduced in China,and analyzes the current leverage ratio of China and the current status of commercial banks' asset structure.According to the classification of China's commercial banks by the CBRC,China's The financial data of 16 listed commercial banks carried out a comprehensive statistical analysis of the current situation of the leverage ratio of China's commercial banks.It compares the leverage ratio and capital adequacy ratio with the impact of commercial bank assets,and uses a model to analyze leverage in the theoretical elaboration.The supervisory role of rate for commercial banks' operational risk and the impact of leverage on the adjustment of asset structure of commercial banks provide an important idea for the following empirical demonstration of this paper;the following article from the macroeconomic environment,the external control of regulatory authorities and banks Analyze the influencing factors on the topic of the article in three aspects of its own characteristics,and select the panel data of 16 listed commercial banks in China to conduct further empirical tests.From the empirical results,the adjustment of the commercial bank's asset structure is affected by leverage ratio,capital adequacy ratio,bank Scale,not Affected by the loan rate and profit rate,the leverage ratio,the bank's own scale and profitability are the trends that will promote the bank's asset selection.Banks tend to hold high-risk assets,while the capital adequacy ratio and non-performing loan ratio are the opposite.It will allow banks to increase their holdings of low-risk assets.Finally,the article gives some policy suggestions on the adjustment of the commercial bank's asset structure from the perspective of the bank and the regulatory authorities,and gives further research directions.