| China’s banking wealth management business has achieved rapid development for a long time,and its scale has been expanding.It has gradually become China’s largest asset management business type,and has made great contributions to the development of national financial stability and social wealth.However,at the same time as the rapid development of bank wealth management business,a series of problems such as regulatory arbitrage and maturity mismatch have also emerged,and related legal system issues and supervision system management issues are still insufficiently studied and constructed.Under the main tone of strong supervision and risk prevention,in order to regulate the handling of bank wealth management so that it can return to the origin of its "valet wealth management",commercial banks establish wealth management subsidiaries in accordance with relevant laws and regulations,and the subsidiaries have independent wealth management business Based on this right,the bank’s wealth management business risks are better isolated,rigid payments are gradually broken,and investors’ rights are effectively protected,which is the source of bank wealth management’s return to asset management business.The major theoretical significance of studying the legal issues in the supervision of financial management subsidiaries of commercial banks lies in clearing the legal relationship of wealth management business and exploring how to further discuss the steady and continuous innovation and development of wealth management business in the context of the new asset management and supervision system.Provides explanations,but does not provide effective suggestions for business development;the main practical significance is to provide a support for the orderly development of China’s wealth management business by comparing and analyzing the wealth management business and supervision methods of typical countries,thereby promoting the core competitiveness of subsidiaries and achieving business success The optimization and upgrading has promoted its service to China’s real economy.This article explains the nature,risks,and regulatory status of the wealth management subsidiary of a commercial bank and its wealth management business,and puts forward corresponding suggestions for these situations,which are specifically divided into the following sections.The first part mainly elaborates the current development situation of wealth management subsidiaries of China’s commercial banks,defines related concepts of wealth managementbusiness,and correctly understands the essential attributes of wealth management subsidiaries of commercial banks.By enumerating the different perspectives of domestic legal relations with wealth management business,we seek out the root legal problems existing in wealth management business.The second part mainly combines the current situation of the operation of the wealth management subsidiaries and wealth management businesses of commercial banks and the impact of the existing regulatory regulations on the financial market,the defects of the regulatory system itself,and the issues of financial consumer protection and information disclosure.An analysis of the reasons behind the problems and the legal risks they face.Therefore,it is concluded that the legal supervision of wealth management by the state still needs to be strengthened.The third part is the integration of typical foreign regulatory strategies,and seeks inspiration for China’s asset management business.Based on this,it lays a good foundation for the formulation and implementation of the next part of the regulatory strategy.The fourth part is based on the risks and related regulatory issues of the wealth management subsidiaries of China’s commercial banks and their wealth management business,and draws on foreign experience to put forward effective improvement suggestions.For the transformation of the asset management business,it is no less difficult than launching an emerging business.In the specific implementation of the asset management business supervision regulations,in principle,it can fully consider the relevance of the financial market,the stage of business development,and the reality of customer needs.And other objective factors,to maintain a certain degree of regulatory flexibility for commercial banks’ wealth management subsidiaries and their wealth management businesses.In the process of supervision,scientifically deal with legal risks and problems,so that investors’ rights and interests can be effectively protected. |
