Trust net Capital Magic spell the industry is ready

Trust net capital "Magic spell" today the implementation of the industry early September 9 Evening News, the China Banking Regulatory Commission issued a "trust company Net Capital Management Measures" (2010 5th order), since the beginning of the implementation.　　"NET capital must not be less than RMB 200 million" and other new rules to the trust companies a magic spell, but according to industry sources, the trust industry is prepared for the new rules, has been through the control of business risk and other ways to enhance vitality. The method stipulates that the net capital of a trust company shall not be less than 200 million yuan, and the net capital shall not be less than 100% of the sum of each venture capital, and shall not be less than 40% of the net assets.　　This is no doubt a stranglehold on excessive trust, but that blow is not fatal to all trust companies.　　A Trust company executive told Sina Finance that the industry had expected the rules very early on, and that it was now widely accepted, and had begun to deal with the negative effects of the new rules through the control of risk.　　It is reported that the "method" issued the first clear trust risk control indicators, it provides that net capital equals the amount of "net assets" minus the "risk deduction for all categories of assets", "risk deduction for contingent liabilities", and "other risk deductions identified by the China Banking Regulatory Commission".　　and the Trust Company's countermeasure is to increase the net capital by changing the business combination, increasing the product scale with low risk coefficient and reducing the risky investment. "So the main restraint is not the trust scale, but the scale of the risk."　　said the person.　　This evening, published on the CBRC's website, "the CBRC's relevant officials on the net capital management measures of trust companies" also show that the purpose of the "method" is to "establish a risk control index system with the core of net capital and strengthen the risk supervision of trust companies". In addition, the industry also predicted that some trust companies will also be introduced through the introduction of new capital and other means to expand the size of the industry in the future may embark on the road of mergers and acquisitions. "After all, the industry itself is hungry for money."　　According to the BOC International calculation, as of the middle of 2010, the net assets value of the Chinese trust Company reached 1,090 500 million, according to the management method, the net capital is estimated to be about 87.3 billion, while the total trust assets up to the middle of 2010 is 3.04 trillion. BOC International believes that the risk capital calculated by the current risk factor is 60.075 trillion, so the current net capital still satisfies the trust Company's current asset scale. With an average of 2.5% risk factors, the current net capital may also support 5,000 to 1 trillion of the trust asset expansion space. (Jessie is from Shanghai)