摘要
2018年,人民银行、银行保险监督管理委员会等四部门联合发布了《关于规范金融机构资产管理业务的指导意见》(以下简称《资管新规》),这标志着信托行业刚性兑付的行规将一去不返。然而,在《资管新规》给予的过渡期内,各金融机构呈现出不同的反应。刚性兑付是金融机构对理财产品实行本金和收益兜底保障的做法,可以保障投资者不承担风险。长久以来,由于刚性兑付强大的吸引力,再加上信托行业的逐利性,这个行规迟迟不能被打破。《资管新规》实施后,信托行业的保本转型仍然困难。应该进一步完善相关金融制度,改善实务操作方法,加强对投资者的投资风险教育,使信托行业得到健康发展。
In 2018,the People’s Bank of China,the Banking and Insurance Regulatory Commission and other four departments jointly issued Guiding Opinions on Regulating the Asset Management Business of Financial Institutions(hereinafter referred to as New Rules of Asset Management),marking the end of the rigid cashing rules in the trust industry.However,in the transitional period given by the new regulations on capital management,financial institutions have shown different reactions.Rigid cashing refers to the practice that financial institutions guarantee the principal and the income of financial products so that investors do not bear risks.Due to the strong attraction of rigid cashing and the profit driven trust industry,this industry rule cannot be broken for a long time.After the implementation of the New Regulations on Asset Management,it is difficult for the trust industry to make the transformation of capital preservation.Only by further perfecting the relevant financial system,improving practical operation methods and strengthening the investment risk education for investors,can the trust industry achieve healthy development.
作者
刘畅
LIU Chang(Hefu Court,People’s Court of Nanxun District,Nanxun 313009,China)
出处
《湖州职业技术学院学报》
2021年第1期29-32,共4页
Journal of Huzhou Vocational and Technological College
关键词
《资管新规》
刚性兑付
理财产品
信托理财
New Rules of Asset Management
rigid cashing
finance products
trust financing
