Research On Compliance Risk Management Of Investment Banking Business Of Z Securities Company

Effective compliance risk management is the cornerstone of sustainable development of securities companies.At present,Z securities company is strengthening the thinking of "big investment bank".In order to achieve sustainable,high-level and high-quality development of investment banking business,compliance risk management is an important part.As one of the earliest securities companies in the industry to carry out the compliance pilot,Z securities company has basically established and improved the compliance management system,but there is still a gap with the regulatory requirements.Investment banking business is still a key area of regulatory concern,and many problems and hidden dangers still need to be improved.Firstly,this paper studies the compliance risk management of investment banking business of Z securities company,aiming at improving the quality of investment banking business,optimizing the compliance risk management,improving the practice quality,reducing the risk of penalty of investment banking business,and improving the industry classification and rating level of Z securities company.Secondly,based on the information asymmetry theory,the comprehensive risk management theory and internal control theory,using the method of literature review,statistical analysis,questionnaire investigation to identify investment banking main link of internal control,there may be a compliance risk points of each link,from investment banking compliance policies,management structure and responsibilities,evaluation system,the principle of compliance management and process,the compliance culture construction,elaborates the present situation of investment banking compliance risk management;Through consulting relevant internal system and Z securities firms,and the project team and quality control personnel and the kernel and compliance risk control,personnel communication,compliance to Z securities company culture construction,investigate the compliance risk occurrence,and investment banking compliance risk Z securities company is analyzed,finally recognize the key step of 20 major internal control compliance risk.This paper adopts the analytic hierarchy process to evaluate the compliance risk,compares the importance of each key compliance risk point to the compliance risk management in pairs,and then summarizes the relative importance weight of key compliance risk points through calculation,and obtains the ranking of the importance of compliance risk management in investment banking business.Then,based on the compliance risk assessment results,from the Angle of investment banking link of internal control,compliance,corporate level respectively on compliance risk prevention measures are discussed,and expounds the Z securities companies need to build perfect compliance risk management system,strengthening cultural construction of compliance risk control,hiring and cultivate a strong sense of compliance risk professionals,informationization construction sustained investment to guarantee compliance risk prevention.Finally,this paper draws a conclusion that the compliance risk management of investment banking business should focus on customer credit risk,relevant personnel are not diligent and responsible,insider trading,issuing false opinions,core opinions are not followed up,customers have financial risks,issuance and underwriting violations,and continuous supervision is not responsible.Compliance risk management should be transferred from the event to the event.The earlier the node of compliance involvement in investment banking business is,the more controllable the compliance risk will be and the more effective the management will be.