The Research On The Impact Of The New Regulations Of Asset Management On Commercial Banks' Financial Management Business

Asset management business is the essence of financial management business of commercial banks.It is a comprehensive financial management service scheme tailored for investors in order to realize the value-preservation and appreciation of investors' assets and broaden their investment channels.With the development of economy and society,people's income is also growing.The accumulation of wealth makes people have more demand for investment and financial management.Therefore,the financial management business of commercial banks is developing rapidly.By the end of 2017,the assets management scale of all kinds of capital management institutions in China reached 124 trillion yuan,of which 29.54 trillion yuan occupied the largest share of bank financing,which is worthy of being the "leading brother"..At the end of 2017,the issuance of the draft of the new regulations for capital management triggered a huge wave of changes in the capital management industry.In April 2018,the new regulations for capital management officially landed.In September of the same year,the Banking Insurance Regulatory Commission officially issued the new regulations for financing.So far,the banking financial management business formally ushered in the most stringent regulatory environment in history.The new regulations break the rigid payment of financial products,impose strict restrictions on capital pools,multi-layer nesting and other behaviors,and have a lot of impact on bank financial services.Despite the transition of the new regulations,deterrence has taken shape.The competition pattern in the new era of management opened by the new regulations is being reconstructed,and a new stage for the development of the management industry has officially begun.Based on combing and summarizing the relevant literature of commercial banks' financial management business and new regulations on capital management,this paper establishes an analytical framework combined with relevant theories.From the theoretical level,through introducing the current situation of financial management business of commercial banks in China and analyzing the existing problems,and then introducing the background of the introduction of new regulations on capital management,this paper explores the underlying reasons behind the introduction of new regulations on capital management,and combs the underlying reasons through the introduction of new regulations on capital management.The idea of the new regulation is to find out where the new regulation is.Then,this paper uses case study method to analyze the impact and changes of the new regulations on case banks from five different aspects: accounting treatment,information disclosure,product design,risk management and the establishment of financial subsidiaries.The contents discussed include the corresponding adjustments made by case banks in accounting treatment after the introduction of the new regulations,what adjustments and changes have been made by case banks under the higher requirements of information disclosure put forward by the new regulations,product design faces "forced" innovation and net value transformation,and the related effects of risk management on liquidity risk,reputation risk and potential risk cost.And the advantages and difficulties faced by setting up financial subsidiaries to create a new financial management pattern.Then,combined with the requirements of the new regulations and the actual situation of commercial banks,this paper analyses the five challenges that commercial banks will face in implementing the new regulations: first,they may be at a disadvantage in the fierce competition in the new era of capital management due to lack of experience in asset management business;second,they will be able to break the rigid exchange,adjust the product term structure and transform to net value.The scale of bank financing business has been impacted;thirdly,the previous profit model of bank financing has been broken,which may increase the instability of profits and make the financial returns bear pressure and impact;fourthly,it is necessary to quickly find and develop alternative products to maintain customer funds;fifthly,the establishment of a new bank financing subsidiary is facing the integration of institutions,research and development products,rising costs and so on.Series of challenges.Finally,based on the above challenges,this paper finds the corresponding measures,and puts forward the relevant opinions and suggestions from the two perspectives of reflection and perfection of the new regulations and how commercial banks deal with them.The purpose is to magnify the positive impact of the new regulations on bank financial management and reduce the negative impact,so as to seek benefits and avoid disadvantages.In order to achieve the goal of reducing leverage ratio and making finance better serve the real economy,the banking sector,through standardized transformation,rational innovation and strengthening risk management and control measures,plays its existing advantages and avoids disadvantages,and grows steadily and vigorously in the increasingly stringent regulatory environment.