金融危机背景下我国资产证券化风险控制问题探析

Research on Asset Securitization in China and Its Risk Control under the Financial Crisis environment

作为一种创新金融工具,资产证券化可以分散发起人风险,却不能消除其自身风险。正是由于此,近年来,红极一时的美国次级抵押贷款市场引发资产证券化出席卷全球的金融危机。鉴于经济环境与制度等方面还不够成熟,我国的资产证券化风险问题则更加突出。本文从健全的监管和法律体系、完善的会计处理政策、资产证券化工具自身改良以及高素质的从业队伍等角度提出了控制资产证券化风险的具体思路,以期促进这一金融创新工具在中国的健康发展。

As an innovative financial instrument, asset securitization can spread the risk of sponsors, while can＇t eliminate the risk of their own. For that in recent years, popular U.S. subprime morlgage market triggered global volumes to attend a financial crisis. In view of immaturity of the economic environment and system, risks of China＇s asset securitization are more prominent. In this paper, from the view of a sound regulatory and legal system, improving the accounting treatment and policy, self-improvement of asset securitization, as well as high-quality business team, I proposes specific ideas to prevent risks of the asset securitization ,with a view to promoting the financial innovation instrument to develop healthily in China.