Research On Government Regulation In The Transition Of Financial Products Of Commercial Banks

The development of financial management business of commercial banks in China has only lasted for more than ten years.Meanwhile,banking financial products develop rapidly from birth to expansion,and various problems exposed in the development of over-growth bank financial products market.Nowadays,the central government strictly prevents and controls the economic and financial risks of the whole country,and the transformation of financial products of commercial banks is imminent.At the same time,it is very important for the government regulators to guide the development of commercial banks' financial products correctly and strengthen their supervisory responsibilities.Under the regulation of separate financial supervision in China,there is no uniform standard for the supervision of bank financial management by the relevant government regulators.The objective of supervision is indeterminate,and the method of supervision are also inadequate,which is less binding on the transformation of financial products.This also brings opportunities for bank financial products to evade supervision from the side,resulting in the increasing difficulty of supervision.At present,the theory and practice of the government's supervision over the transformation of financial products of commercial banks are still in the primary stage.In the era of intensive regulation of new policies,the financial management business of commercial banks is experiencing a process from barbaric growth to intensive operation.The development and innovation of financial products are also in an important period of transformation and adjustment.As the financial products of commercial banks have natural high-risk attributes,instability and some negative externalities,the government's supervision needs to be further strengthened in the process of their transformation and development.How to change from extensive guidance to refine control,how to clarify the regulatory objectives,how to play a regulatory role,how to optimize the regulatory mode,and how to enhance the effectiveness of the policy are all issues that need to be studied and explored.Based on the theories of public management,economics,finance and jurisprudence,this paper intends to study the direction of financial product transformation,the current situation of government supervision and the development of financial product supervision policy of commercial banks around the government supervision of financial product transformation of commercial banks,and to find out the deficiencies in structure of government supervision system,coordination mechanism,information sharing,risk early warning,consumer protection and other aspects.It should connect government supervision with the problems of financial product design,issuance and investment in the process of transformation and take the supervision of financial products transformation project of N Bank as an example,to put forward policy suggestions and improvement methods for the transformation supervision of financial products of commercial banks,and provide reference for the stable and healthy development of Chinese financial products market of commercial banks and the comprehensive transformation of financing products.