Transformation And Development Of Financial Management Business Of Commercial Banks Under The New Rules Of Asset Management

In recent years,the national financial system is a trend of strong supervision.In 2018,the implementation of “guidance on regulating the asset management business of financial institutions”will make such a big difference to the future of the financial system and the operation of the financial market in China,so as to meet the needs of current economic and financial development.With the rapid development of asset management business,the non-standard problems of rigid payment,regulatory arbitrage,maturity mismatch,multi-layer nesting and so on burst out.And the introduction of strong regulatory policies has become an inevitable requirement for promoting the stable development of finance and preventing and resolving major financial risks.The core of the new rules of asset management is to break the contract,implement net worth management,and guide the bank to return to the source of financial management.Therefore,the transformation of bank wealth management business has become the only way.This article will launch research on the bank financing business development,impact analysis and transformation research.First of all,according to the banking financial products of survival,raising,investment assets distribution,payment and income,analyzing the status quo of the four aspects.It is found that at the end of 2017,in an environment of continuous strengthening of supervision,bank financial product growth was on the decline.Trade financing scale and proportion appeared the "double down",compared to the beginning of the year.Standardization of financial allocation was chief assets,but the risk grade of the newly issued financial product was given priority to low risk.Through descriptive statistical analysis of the macro data of bank financing in 2018,it was found that the bank financing scale continued to decline year on year after the implementation of the new regulation.After breaking the rigidity of payment,the structural deposits became substitutes,meanwhile.Wealth-management income also continued to decline.Although the rectification of the new regulations has intensified intra-bank competition,it has also promoted the transformation of bank wealth management business.What's more,excavating the transformation direction of bank financing business from the perspective of product,the marketing side,investment,and risk management.But the bank financing business in transition faces the challenges of financial product transition,the change of business model,the organizational transformation of assets and the transformation of risk management.Based on this paper,the paper puts forward corresponding suggestions for its smooth transition.First,product design should introduce bank wealth management products that meet the preferences of different investors,and strengthen investor education in product transformation to promote product value management.Second,we should identify the differentiated positioning of the subsidiary and other asset management institutions in order to change business model.Third,the asset organization will adhere to the advantages of non-standard asset investment,and at the same time improve the investment research ability of standardized assets.Fourth,the transformation and development must grasp the opportunity of financial technology,using financial technology to empower risk management.At the end of the paper,three new directions are provided for the healthy development of bank financial services in the new stage: going back to the basics and supporting the entity;managing risks and stabilizing the market;strengthening oversight and ensuring orderly development.