The Size Of The IMF Increased Sharply, "Baby" Runs The Risk Of Run Risk.

Babies who are popular with P will have more supervision.

In the China financial stability report (2014) yesterday, the central bank said that money market funds had risks similar to deposit runs, and that financial supervision and coordination should be strengthened to guard against potential systemic risks.

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< p > < strong > in the first quarter, the cargo base scale increased sharply < /strong > /p >

In the first quarter, under the impetus of the "a href=" http://www.91se91.com/news/index_cj.asp "Internet finance" /a tide, the size of the IMF increased by 695 billion 900 million yuan to 1 trillion and 440 billion yuan, almost doubled.

Zhou Ye, President of the remittance world, said that the fundamental reason for the "baby boom" was that the Internet intervened and the financial users changed and entered a more general class. At the same time, after the Internet, the channel had completely changed, and direct selling and bank affiliate sales were replaced by Internet channels, and the cost was sharply reduced.

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< p > "the problem of deposit diversion, financial market fluctuation and inadequate supervision caused by its rapid development is also worthy of close attention."

The central bank said that there are potential risks for investors to disclose risks and earnings and pay security.

With the support of T+0 redemption and silver based quick pfer, the nature of "baby" has greatly increased, and it has impacted on the short-term savings of banks.

In addition, "baby" has the risk of similar deposit runs. The multi-level system risk prevention and relief mechanism needs to be improved. Under extreme market conditions, there may be a large number of redemption, which will impact on the financial market and other financial institutions.

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< p > < strong > will strengthen < a href= "http://www.91se91.com/news/index_cj.asp" > risk monitoring < /a > assessment < /strong > /p >

< p > "we should strengthen the coordination of financial supervision, clarify the division of labor and the way of cooperation, strengthen risk monitoring and evaluation, and effectively guard against potential systemic risks."

The central bank said.

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< p > according to the reporter, at present, regulators have been discussing the supervision of "babies", such as "no contract terms for early withdrawal of deposits without penalty," and "reserve funds for the balance of treasure money fund investment agreements should be paid".

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< p > under the background of tight supervision, the baby products income is declining gradually.

The 7 day yield of the balance treasure has reached 5% from the highest 7% to 5% yesterday, and most of the baby products now yield between 4%-6%.

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< p > "credit assessment and risk control will become the next focus of Internet finance."

Zhou Ye said.

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< p > < strong > the central bank will accelerate the marketization of interest rates < /strong > /p >

< p > the central bank said in its report yesterday that we should speed up the < a href= "http://www.91se91.com/news/index_cj.asp" > interest rate marketization < /a > and establish a deposit insurance system.

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Last July, the central bank fully liberalized the restrictions on loan interest rates, and the last step in the reform of interest rate marketization was p.

The central bank said yesterday that it should speed up the marketization of interest rates, further improve the self-regulation mechanism of market interest rate pricing, and improve the independent pricing power of financial institutions.

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According to international experience, the marketization of interest rates may lead to bank failures. < p >

The central bank said it should strengthen the construction of risk management mechanism for financial institutions, establish a deposit insurance system and improve the withdrawal mechanism of market-oriented financial institutions.

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< p > but the results of the banking stress test released by the central bank yesterday showed that the overall capital adequacy ratio of the banking system is still relatively high under the assumption that the deposit interest rate rises by 250 basis points and the lending rate falls by 50 basis points.

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