Research On Accounting And Risk Management Of Bank Trusteeship Enterprise Annuity

The asset custody business of commercial banks is an international concept originating from the United Kingdom.It is composed of the "trust" of the co-trustee and the "custody" of the custodian.In essence,it is necessary for the commercial bank not only to perform the functions of the custodian of the assets of the fund,but also to assume the functions of the joint trustee and asset manager.With the development of the national economy and the reform of financial market in recent years,the asset custody business of Chinese commercial banks has developed rapidly and has become an important part of China's economic system.Drawing on international experience,the asset custody business of China's commercial banks has also steadily improved its ability to innovate and develop services.Among them,as the "three pillars" of the national pension system,enterprise annuity custody is the main asset custody business of the Agricultural Bank of China at this stage.Enterprise annuity is a kind of supplementary old-age insurance scheme provided by enterprises for employees based on their own development and revenue situation.It conforms to the old-age insurance system stipulated by the law of the country,which is an inevitable measure to deal with the aging of the population and the pressure of basic old-age insurance.However,there are many problems in the execution process of enterprise annuity custody in commercial banks.Although the separation of asset management and custody has made the division of labor more clear to some extent,However,it makes the information of the three parties of management,trustee and client more asymmetric and opaque.The situation of fragmentation also causes their respective interests to play against each other,and it is difficult to communicate and coordinate effectively.This paper tries to analyze the various problems in the course of the deposit annuity of commercial banks from the perspective of accounting and find out the countermeasures.Therefore,it promotes the healthy and orderly development of enterprise annuity custody in our country,and also provides some suggestions and methods for the commercial bank asset custody business to explore how to conform with the international and maintain Chinese characteristics.We will improve the service capability and development level of the Chinese hosting business and enhance the competitiveness of the Chinese asset hosting business.