1. Break the rigid redemption. The most important point of the new asset management regulations is that it is not allowed to promise to protect the capital and protect the income. If the investment product suffers losses, the losses will be borne by the users.
2. Net worth management. Future wealth management products are required not to set or promise the expected rate of return, and bank wealth management and income fluctuation depend on the actual situation. This will better reflect the market risk, that is to say, the rate of return of bank wealth management is floating, which is the same as the rate of return of funds.
3. Prohibition of term mismatch. The new asset management regulations prohibit maturity mismatch, while the maturity of non-standard assets is generally long, which requires banks to reduce the scale of non-standard assets. At the same time, the identification standards of "non-standard" and "standard" become stricter, which also increases the difficulty of transferring non-standard assets to standard assets.
Generally speaking, bank financing has changed from a guaranteed product to a non-guaranteed product, and bank financing has different risk levels. The higher the level, the greater the risk of principal loss. Before buying bank wealth management, everyone should evaluate their risk tolerance and choose products that suit them.
Two. The new asset management regulations refer to the Guiding Opinions on Regulating the Asset Management Business of Financial Institutions jointly issued by the Central Bank, China Banking Regulatory Commission, China Securities Regulatory Commission and SAFE. Before the introduction of the new asset management regulations, many domestic bank wealth management products were expected-return products (guaranteed-return products), which were characterized by the fact that no matter whether the investment results of banks were profitable or not, after the products expired, they would be paid according to the promised rate of return when investors bought the products. Under the requirements of the new asset management regulations, net worth wealth management products no longer have a fixed rate of return, and investors themselves bear part of the risks and are responsible for their own profits and losses. This means that investors who are accustomed to the "stable and happy" financial management of banks must abandon the concept of financial management that once guaranteed capital and interest, and establish risk awareness as soon as possible to adapt to new markets, new rules and new products.
legal ground
Guiding opinions on standardizing the asset management business of financial institutions
2. Asset management business refers to the financial business that banks, trusts, securities, funds, futures, insurance asset management institutions, financial asset investment companies and other financial institutions are entrusted by investors to invest and manage the property of the entrusted investors. Financial institutions perform the obligations of honesty, credit and diligence for the benefit of customers, and charge corresponding management fees. Customers bear investment risks and gain income. Financial institutions can agree with customers in advance in the contract to collect reasonable performance remuneration, which should be included in the management fee, and correspond to the products one by one and be settled one by one, and different products should not be mixed.