Research On Compliance Risk Management In Hubei Branch Of D Securiyt

The international securities Regulatory Commission divides the main risks generated by securities companies into six categories:market risk,liquidity risk,credit risk,operational risk,legal risk and systemic risk.The compliance risk of the securities company includes some legal risk,operation risk,integrity risk,financial product risk,etc.Not only do the compliance risks generated by a securities firm have a negative impact on the securities industry,but the firm also faces a reduction in capital and reputation,and even more,a warning from litigation or regulators.Whether from the point of view of state supervision of securities industry or from the point of view of securities company's own risk control,compliance risk management must be paid attention to and done well.In reviewing the current risk events in the domestic securities industry,we can conclude that ignoring compliance risk is the main factor leading to risk.Through the relevant course of the development of our country's securities market,first the "national debt storm",then the "misappropriating customer margin" trend,various large-scale risk events in the securities industry highlight the lack of attention to the risk management of the securities industry in our country,resulting in the regulatory layer determined to comprehensively manage the securities industry.After a series of regulatory regulations issued by the regulator,and then in 2008,the CSRC issued "customer trading settlement funds third party storage system",the securities have been the majority of the problems have been resolved,making compliance risk management has opened up opportunities.In the same year,"the securities companies compliance management trial regulations" came out,the securities industry compliance risk management official all-directional spread.By September 2017,the Guidance for the Implementation of Securities Companies 'Compliance Management had been officially issued,and compliance was in the process of being strengthened with the financial markets.Compliance risk management has had good results over the years,and big bad financial risks are almost under control,but private equity,insider trading,rat stocks,Ponzi schemes and so on have been a constant occurrence.Because of its business development,business income ratio is significant,financial practitioners are more concentrated,holding a large number of customer resources,and other characteristics have become the main risk of the industry,and compliance risk management in the major business departments of the securities companies is the primary focus of risk management.Regulation of investor suitability management is still at the institutional level,while risk assessment is at the surface,for example in financial product marketing.This paper analyzes the current situation and problems of compliance risk management in the business of Hubei branch of D Securities under the combination of theoretical analysis and case analysis.Marketing personnel value performance less compliance;Compliance work is too dependent on compliance commissioner,compliance commissioner work pressure;Compliance management lacks effective identification of compliance risks and there are deficiencies in the capacity to assess.In view of these shortcomings,it is suggested that the general manager should take the lead in promoting the compliance culture,adding the compliance training to the system and linking it to the evaluation,so as to strengthen the compliance culture.Through measures such as guaranteeing the effective exercise of the rights of compliance personnel,paying attention to the training of compliance personnel and increasing their comprehensive quality,compliance risk managers can better exercise their compliance management functions.We will make up for the deficiencies in the identification and assessment of compliance risks by strengthening investor education and doing a good job in compliance.