w88 casino News Network (CorrespondentWang Chunlei）2015Year10month12Sunday15Day, No.6The Asian Risk Awareness Annual ConferenceIn Hong KongHold.Zhang Haiyun from the w88 casino of Finance of w88 casino was invited to attend14Published an article titled "Funds transfer pricing under Basel liquidity ratio constraints”’s speech.
The measurement of internal fund transfer pricing plays a key role in management decision-making, performance appraisal, stimulating employee enthusiasm and other aspects.Zhang HaiyunMentioned in the speech,Traditional internal funds transfer pricing methodA basic assumption isThe wholesale capital market can effectively replace other sources and uses of funds, and with thiscorresponding,The fund price in the wholesale capital market has become the main reference for traditional internal fund transfer pricing. The global financial crisis highlights the inherent weaknesses in wholesale funding marketsInstability,The lesson is: if the source of the same funds is different, the transaction structure is different, and the business relationship is different, it cannot be simply replaced and should not be regarded as equivalent. This inequity is the basic assumption of traditional internal fund transfer pricingofFaulty injury.
Based on summarizing the lessons learned from the global financial crisis, the global regulatory standard for the banking industry, the Basel Accord, not only further strengthens capital supervision, but also proposes two quantitative standards for liquidity supervision - liquidity coverage ratio (Liquidity Coverage Ratio, abbreviationLCR) and net stable funding ratio (Net Stable Funding Ratio, abbreviationNSFR), which quantitatively distinguishes different sources and uses of funds from a regulatory perspective. with thiscorresponding,Internal bank funds transfer pricing needs to be carried outAdjustment. Zhang Haiyun discussed the complexity of this issue and sorted it outAn idea to solve the problem,Commented with examplesExistingIn the literatureAdjustment methodDefects and directions for improvement.
The Asia Risk Awareness Annual Conference is a large-scale annual exchange event for the Asian risk management industry, with representatives from the risk management community of large banks, insurance companies, investment institutions, and consulting companies around the world200Many representatives attended the conference.This annual conference has gathered chief risk officers, risk control directors and financial regulatory experts from major global financial institutions over the years. It is a high-end exchange platform for the risk management practice community and rarely invites academic experts to speak. Professor Zhang Haiyun is the only academic guest who has been invited to give a speech for three consecutive years.
