加强资产管理行业综合协调监管的策略研究

发布时间：2018-03-02 11:38

本文选题：资产管理　切入点：法律关系　出处：《新金融》2017年11期 　论文类型：期刊论文

【摘要】：针对资产管理行业呈现混业经营的特征,现行分业机构监管存在监管真空与监管重叠并存、规则标准不统一等缺陷,国内资产管理行业尚处于发展初期,亟待监管层从顶层设计与统一监管角度规范引导资产管理行业持续稳健发展。本文总结了国内资产管理行业运行存在业务界定不清;监管规则不统一,监管协调有效性不足;存有隐性刚性兑付;金融基础设施落后,监管政策环境不稳定四类突出问题。为准确掌握资产管理业务真实风险组合和资产配置情况,防范监管套利,服务实体经济,本文建议监管机构应明确资产管理法律关系与产品性质,统一监管标准并加强监管协调,引导资产管理产品转型,建立资本补充与风险约束机制,弥补金融基础设施短板,依托"大数据"技术构建综合统计监测体系。
[Abstract]:In view of the characteristics of mixed operation in the asset management industry, there are some defects in the supervision of the separated organizations, such as the coexistence of the supervision vacuum and the overlapping of the supervision, the inconsistent rules and standards, and so on. The domestic asset management industry is still in the early stage of development. It is urgent for the supervision layer to guide the asset management industry to develop steadily and steadily from the top level design and unified supervision angle. This paper concludes that the operation of domestic asset management industry is not clearly defined, the supervision rules are not uniform, and the effectiveness of supervision coordination is insufficient. There are four outstanding problems, such as implicit rigid payment, backward financial infrastructure and unstable regulatory policy environment. In order to accurately grasp the real risk mix and asset allocation of asset management business, prevent regulatory arbitrage and serve the real economy, This paper suggests that the regulatory body should clarify the legal relationship between asset management and the nature of the product, unify the regulatory standards and strengthen the regulatory coordination, guide the transformation of asset management products, establish a capital supplement and risk restraint mechanism, and make up for the financial infrastructure deficiencies. Rely on "big data" technology to build a comprehensive statistical monitoring system.
【作者单位】：中国华融资产管理股份有限公司研究发展部;
【分类号】：F832.1

【相似文献】