Research On Compliance Risk Management Of D Securities Company Asset Business

Since the reform and opening up,China's rapid economic and social development,the continuous improvement of national income level,social wealth accumulation for personal financial investment and securities companies to carry out asset management business to create a prerequisite.Asset management business is a kind of business activity that financial institutions,including securities companies,manage their assets through professional services to achieve value-added maintenance based on the trust and entrustment of customers.In essence,it is a kind of financing behavior on behalf of customers.Asset management business is the off balance sheet business of securities companies.Securities companies collect commissions or service fees by providing professional asset management services.In our country,the asset management business develops late and develops rapidly in the early stage,which is now in a new historical development stage.Asset management business accounts for an increasing proportion of the total business income of securities companies,and its contribution to the profits of securities companies is also increasing.Asset management business has become a new growth point of securities companies.Throughout the theoretical summary and practical exploration of asset management business at home and abroad,it is found that securities companies are faced with many risks in the operation and management process of asset management business,among which compliance risk has basic characteristics and safeguard functions.Compliance risk is an important factor that determines the survival and development of an enterprise.The risk mainly comes from the internal management of the enterprise.Therefore,compliance risk management is the work that a securities company must make great efforts to carry out the asset management business.The theoretical basis of asset management business compliance risk management is mainly principal-agent theory and internal control theory.Compliance risk management is an important part of the internal control system,which belongs to the subordinate relationship.The compliance risk management can learn from the internal control theory and measures.D securities company is a small-scale comprehensive securities enterprise,whose asset management business plays an important role in all businesses.In the process of asset management business development,D securities company also faces many risks including compliance risk.D securities company has made great efforts in compliance risk management,but there are still some problems in compliance risk management,including defects in internal control environment,imperfect management system,defects in specific business process design,inadequate performance of investment research and due diligence,and inadequate allocation of compliance management personnel.Through the analysis,the main causes of the problems of D securities company in the asset management business compliance risk management are the inadequate understanding of the importance of compliance risk management,excessive consideration of cost efficiency factors,lack of talent incentive measures,and the existence of the ideological component of human governance.Strengthening asset management business compliance risk management is of great practical significance for D securities company to enhance its competitiveness and achieve healthy development.Based on the analysis of the problems and causes of compliance risk management,this paper puts forward some countermeasures,including improving the corporate governance structure,creating compliance culture,improving the compliance management system,strengthening business management process control and building innovative talent mechanism.Asset management business still has broad development space.Securities companies need to conduct more in-depth theoretical research and practical exploration in asset management business risk management,so as to continuously promote the growth of enterprises and make greater contributions to the economic and social development of our country.