联系我们

论文查询结果	返回搜索

论文编号：	8746
作者编号：	2120142881
上传时间：	2016/12/7 22:23:50
中文题目：	商业银行结构化理财产品的风险分析研究——从监管者的视角
英文题目：	Analysis of Commercial Bank''''s Structured Financial Products’ Risk: From the Perspective of Regulators
指导老师：	王永进
中文关键字：	商业银行；结构化理财产品；风险分析；风险规避
英文关键字：	Commercial banks； structured financial products； risk analysis； risk aversion
中文摘要：	随着社会经济的发展，居民财富的累积，各商业银行理财业务规模不断扩大，如过去10年，我国银行理财业务规模平均每年增长速度超过40%。结构化理财产品作为重要的投资渠道，不仅可以提高居民的资产性财富收入，促进商业银行加快转型升级，还对我国实体经济发展有重要影响。但是，由于我国金融市场发育程度、金融监管体制，银行业自身经验和技术水平等方面问题的制约，我国理财产品市场的发展仍处于相对初级的阶段，还有诸多发展中的风险问题需要关注和改善。 本文以我国商业银行结构化理财产品的发展现状为背景，结合实际案例分析商业银行结构化理财产品风险管理中存在的问题及成因，从监管者的角度，为我国商业银行理财产品风险监管策略的制定提供了建议。首先对商业银行结构化理财产品的风险进行理论分析，明确结构化理财产品和其风险的概念界定，明确结构化理财产品设计、运作原理和销售管理过程；然后，根据统计数据，对银行理财业务发展状况及风险管理现状说明，并通过案例分析，指出银行结构化理财产品存在的风险问题及影响；最后，针对上述问题，从监管者的视角，提出银行业理财产品有效规避风险的对策。整体上讲，本研究积极引导理财产品多元化发展，注重杠杆控制，打破刚性兑付，加强商业银行理财业务风险隔离，旨在促进我国银行业结构化理财业务健康、有序的发展，具有较强的理论价值和现实意义。 具体来讲，本文的研究内容主要有以下几个方面：首先，相关理论回顾部分，主要包含商业银行结构化理财产品的概述、基本原理和风险研究理论，以期对商业银行结构化理财产品的风险分析研究起到理论指导的作用。其次，商业银行结构化理财产品的风险管理现状及存在问题，包括我国商业银行结构化理财产品的现状、发展历程及趋势，我国商业银行结构化理财产品的风险管理现状以及我国商业银行结构化理财产品的风险管理中存在的问题。再次，商业银行结构化理财产品风险管理构建原则的优化，在外部监管方面，要利用杠杆控制抑制价格泡沫，增强监管针对性和适当性，积极引导理财产品多元化发展；在内部监管制度构建方面，要推动理财业务子公司制、增强信息透明度建设及专业人才培养等。最后，阐述了包含外部监管、投资者保护及强化商业银行内部风险管理机制等三个方面的措施。从外部监管来看，要健全外部监管的制度法规，完善理财产品信息披露制度，提高商业银行和合作机构的进入门槛，严格管理理财项目审批，建立理财产品保险制度强化销售监管；从投资者保护来看，要加强投资者风险意识培养，完善银行理财产品的规范性文件，实行理财产品赎回机制，建立高效理财业务投诉处理机制；从强化商业银行内部风险管理机制来看，要加强销售人员管理，建立完善的内部控制制度，保证销售对象风险评级真实性。
英文摘要：	With the development of social economy and the accumulation of residents’ wealth, the size of Commercial Bank's Financial Service has been expanding, as in the past 10 years, the average annual growth rate of banks’ financing business scale is more than 40% in our country. Structured financial products as an important investment, not only can improve the residents’ income, promote the transformation and upgrading of commercial banks, but also has an important impact on the development of China's real economy. However, due to the limit of our financial market’s development degree, the financial regulatory system, the problems of banking industry itself (such as its experience and technology), China’s financial product market is still in a relatively primary stage, many risk problems still need to be in control and improved. Based on the background of the development of China's financial services, this paper analyzes the problems and causes of financial products’ risk management. From the perspective of regulators, this paper provides suggestions for the risk control of financial products in our country. Firstly, this paper analyzes the risk theory of structured financial products in the commercial banks to make the definition of the structured financial products and its risk clearly, and the structured financial products’ design, operation principle and sales management process clearly too. Secondly, according to the statistics, this paper points out the structured financial products’ risk problems and their influence by illustrating the development situation of bank financing business and the present situation of risk management, and studying the cases. Finally, aiming at these problems, the banking financial products’ effective risk countermeasures are put forward from the perspective of regulators. Overall speaking, this study which actively guides financial product diversification, pays attention to control lever, breaks the rigid payment, and strengthens the commercial bank financing business’s risk isolation, is aimed at promoting the development of structured financing business healthy and orderly. That’s why this paper has strong theoretical value and practical significance. Concretely, the paper can be divided into some sections. Firstly, the related theory review mainly contains three parts, an overview, the basic principle and the risk research theory of the commercial banks’ structured finance products, in order to put forward some theoretical guidances for the risk analysis of structured financial products. Secondly, the problems and the current situation of the risk management of structured financial products, contains the development status and trend of the bank structured financial products, the risk management of commercial banks in China and the problems existing in the risk management of structured financial products. Thirdly， the risk management system of commercial banks' structured financial products should be optimized，which means，from the perspective of the external supervision, we need to use leverage to restrain price bubbles, actively guide financial product diversification, from the perspective of the internal risk system construction, we need to promot the financial services subsidiary system, enhance the information transparency construction and professional personnel training. At last, this study describes three aspects, including external regulation, investor protection and the construction of the internal risk management system of commercial banks. From the point of external regulation, we need to improve the external supervision system of laws and regulations, improve the information disclosure system and the barriers to entry the commercial bank and cooperative institutional, manage the finance project examination and approval strictly, establish a financial product insurance system to strengthen the sales monitoring. From the perspective of investor protection, we need to strengthen the investors’ risk awareness training, improve the financial products’ regulatory documents, implement the financial products’ redemption mechanism, establish an effective financial management business’s complaint handling mechanism. From the point of strengthening commercial bank's internal risk management mechanism, we need to strengthen the management of sales staffs, establish a perfect internal control system, and ensure the veracity of the sales object’s risk rating.
查看全文：	预览  下载(下载需要进行登录)