Why do you want to record and video the process of selling every wealth management product by banks? Master Cai once published a special article on this issue. Reading through the article, you will find that this actually starts from two long-term "pain points": one is to sell "flying orders" privately, and the other is to mislead sales.

1. According to insiders, the wealth management products currently being sold by commercial banks can be divided into two categories: self-issued wealth management products (self-owned wealth management products) and consignment products, with the latter mainly selling Public Offering of Fund and insurance products.

2. The so-called "flying order" refers to the behavior of bank employees selling third-party wealth management products privately by using the bank's business premises. In other words, the product is neither the bank's own wealth management product, nor a wealth management product that has signed a consignment agreement with the bank. Once there is a redemption risk, it is often difficult to solve it.

3. The employees in the bank are desperate to sell "flying orders" in violation of regulations. First, they want a lot of kickbacks; Some investors have been hit by "flying orders". On the one hand, they are greedy for super-high returns, on the other hand, they believe in bank signs and think that "what they buy in the bank is definitely no problem".

4. In addition to "flying orders", the risk of "misleading sales" is also hidden in the bank's consignment of wealth management products. For example, the "consignment" attribute of wealth management products is not marked, which confuses consignment products with deposits or bank-owned wealth management products; Another example is misleading investors to buy wealth management products that do not match their risk tolerance in order to complete their business performance.

5. In order to prevent the risk of consignment and standardize the consignment behavior, CBRC has repeatedly stressed that banking financial institutions should prudently carry out consignment business, and made corresponding provisions on the above risks. However, when a real dispute occurs, it often falls into a state of "wrangling" because of the lack of audio-visual evidence, and the rights and obligations of both banks and investors cannot be clarified.

6. In order to effectively solve these two long-standing "pain points", better safeguard the legitimate rights and interests of banks and consumers, and rectify financial chaos, the "double recording" management method was introduced.