那么，企业如何高效地实现这一目标？ 最佳的第三方风险管理始于以结构化、系统性的方式收集第 三方信息、验证这些信息，并将其转化为可执行的洞察。 其总体目标是持续追踪随时间不断变化的 各类关系。 有趣的是，如今的组织正逐渐摒弃以调查或评估为主导的"劳动密集型"尽职调查方法，因为他们认识 到必须时刻关注到实际的业务需求。 他们转而利用先进工具来识别负面新闻、制裁政策和政要人物 风险。 这种方法使企业能够评估固有风险（即在不施加任何控制措施的情况下，第三方所呈现的风险敞 口）。尽管不同行业（如金融服务业、制造业和制药业）的关注点和动机各异，但它们的核心视角是 一致的：厘清风险状况，对照企业的风险承受偏好进行权衡，并采取相应行动。 LSEG的系列网络研讨会" 专家面对面(Meet the Experts) "聚焦于风险管理这一主题，由专家进行深 度解析。在最新一期研讨会，来自LSEG Risk Intelligence和Aravo Solutions的专家揭示了 公司如何 提升第三方风险管理的效率与完整度。 第三方风险管理的最佳实践模式 在当今复杂多变的环境中，组织需要在确保完全遵守不断变化监管的同时，快速做出具有挑战 ...

Core Viewpoint - Suzhou Bank has been recognized as the "Annual Model Custodian Bank" in the 2025 Financial Industry Annual Awards for its outstanding performance in the custody business and continuous innovation in the financial sector [1] Group 1: Custody Business Performance - Since obtaining the asset custody license in 2022, Suzhou Bank has implemented an integrated operational approach, enhancing its custody business as a platform for resource integration [1] - As of September 2025, Suzhou Bank's asset custody scale reached 281.32 billion yuan [1] - The bank has developed a diversified custody service system with over 1,000 custody products, including securities investment funds, bank wealth management products, trust plans, and asset management products [1] - In the public fund custody sector, Suzhou Bank has custody of 17 public funds with a scale of nearly 30 billion yuan, maintaining the largest custody scale among its peers [1] Group 2: Institutional Framework and Compliance - Suzhou Bank has established a comprehensive institutional framework for its custody business, with 26 regulations covering the legal responsibilities of fund custodians, ensuring compliance and operational integrity [1] Group 3: Digital Transformation and Technological Innovation - In the context of the digital economy, Suzhou Bank is enhancing its system capabilities while steadily developing its business, focusing on process optimization and technological empowerment [2] - The bank is advancing its operational capabilities from "standardization" to "intelligentization" through digital transformation across all areas, including product design, operational services, management, and market expansion [2] - By applying cutting-edge technologies such as OCR and NLP, Suzhou Bank has centralized custody operations and reduced manual intervention, thereby strengthening risk control in its custody business [2] Group 4: Future Outlook - Suzhou Bank aims to continuously enhance its custody service expertise, fulfill custodian responsibilities to higher standards, and contribute to the healthy development of the asset management industry [2] - The bank is committed to creating greater value for clients and supporting the high-quality development of the real economy, with a goal of becoming a leading custodian bank in China [2]

Core Viewpoint - The National Financial Regulatory Administration has established the "Supervision and Management Measures for Custody Business of Commercial Banks (Trial)" to enhance the supervision and management of custody services, ensuring standardized and healthy development of the business [1] Group 1: Overview of Custody Business - Custody services provided by commercial banks have expanded steadily, covering a variety of financial products such as wealth management products, trust funds, and pension funds, effectively meeting diverse needs for asset custody, product accounting, and asset valuation [1] - The new measures aim to improve the professionalism, refinement, and standardization of custody services, as well as risk management capabilities in response to the ongoing development of a high-standard market system and deepening market-oriented reforms [1] Group 2: Key Regulations and Responsibilities - The measures specify that commercial banks must adhere to principles of honesty, diligence, independence, and risk isolation when providing custody services, ensuring the independence of the custodial assets [2] - Commercial banks are required to conduct thorough assessments of their capabilities and service levels before engaging in custody services for non-standard assets, including evaluating the capital strength, governance, compliance, risk control, and market influence of product managers [2] - The measures outline prohibited responsibilities and actions for commercial banks, including assuming credit or market risks of custodial products and providing guarantees for principal or returns [2] Group 3: Supervision and Management - The measures emphasize the need for continuous supervision by the National Financial Regulatory Administration and its branches, enhancing cross-departmental regulatory collaboration and incorporating compliance and prudence into regulatory ratings [3] - Commercial banks are required to establish a robust governance structure for custody business, with specific norms for management systems, business independence, authorization control, and data protection [3] Group 4: Internal Management and Risk Control - To effectively manage risks, commercial banks should develop a risk management system that aligns with the scale and complexity of their custody business, ensuring proper authorization management and establishing checks and balances [4] - The independence of custody business must be reinforced by isolating it from other operations, including personnel, physical locations, accounts, and data management systems [4] - Commercial banks must protect and utilize custody data and client information effectively, while also conducting due diligence on custody products and partner institutions [4]

《办法》明确，托管产品约定的投资范围包括非标准化债权类资产、未上市企业股权等非标准化资产 时，商业银行应当根据自身能力和服务水平，经充分评估后开展托管业务。评估的内容包括产品管理人 的资本实力、公司治理、合规管理、风险控制等，以及产品的交易结构、投资标的、退出方式、估值方 法策略等。 ◎记者 韩宋辉 金融监管总局12月12日发布《商业银行托管业务监督管理办法（试行）》（下称《办法》），在现有监 管制度基础上，进一步明确商业银行开展托管业务的基本规则，强化底线要求，细化重点环节的管理标 准。《办法》自2026年2月1日起施行。 托管是商业银行作为独立第三方，为各类金融产品及专项资金形成的投资组合等提供财产保管及相关服 务的行为。 为有效解决因职责边界不清导致过度承担风险的情况，《办法》列明了商业银行开展托管业务的禁止性 职责和禁止性行为。 金融监管总局有关司局负责人介绍，近年来，商业银行为理财产品、资金信托、证券投资基金、证券公 司资管产品、保险资管产品、社保基金、养老金等提供托管服务，业务规模稳步扩大、服务种类不断增 多、创新活动日趋活跃，有效满足了财产保管、产品核算、资产估值等方面的多样化需求。 主要包括： ...

新规落地。 12月12日，金融监管总局正式发布《商业银行托管业务监督管理办法（试行）》（简称《办法》），进 一步明确商业银行托管业务的概念和开展业务的基本原则，规定商业银行需要建立健全托管业务治理架 构和管理体系制度，根据自身能力和服务水平提供适当的托管服务。相关规定将自2026年2月1日起施 行，对于不符合要求的存量业务，《办法》设置了3年过渡期。 原银保监会曾于2022年12月29日至2023年1月29日就《商业银行托管业务监督管理办法（征求意见 稿）》公开征求意见。与征求意见稿相比，《办法》有较大幅度修改。其中较为明显的改动就包括了新 增对商业银行托管非标准化产品的能力要求、新增禁止"为托管产品垫付资金、提供流动性支持或融资 承诺"等。 强化底线要求 细化重点环节管理标准 具体包括禁止承担托管产品财产的信用风险、市场风险等；禁止为托管产品提供直接或间接、显性或隐 性担保；禁止承诺本金或保证收益；禁止为托管产品垫付资金、提供流动性支持（商业银行和产品间按 照市场化、法治化原则开展的固定收益有价证券合格担保品管理业务不在此列）或融资承诺；禁止参与 投资者适当性管理；禁止保证项目及交易信息真实性、资金来源的合 ...

Group 1 - The core viewpoint of the article is the introduction of the "Administrative Measures for the Supervision and Management of Custody Business of Commercial Banks (Trial)" to enhance the supervision and management of custody services provided by commercial banks, ensuring their healthy and standardized development [1][2]. Group 2 - The background for the formulation of the measures includes the steady expansion of custody services by commercial banks for various financial products, which has led to increased demands for professional, refined, and standardized management and risk control [2]. - The measures aim to clarify the basic rules for custody business, strengthen bottom-line requirements, and enhance internal governance and risk management capabilities of commercial banks [2][3]. Group 3 - The measures consist of five chapters and 49 articles, covering general principles, custody responsibilities, management requirements, supervision and legal responsibilities, and transitional provisions [3]. - Key contents include defining the concept and principles of custody business, detailing the responsibilities of custodians, establishing management requirements, and outlining the supervisory role of regulatory authorities [3]. Group 4 - Commercial banks are required to provide various services such as account opening, asset custody, settlement, accounting, asset valuation, information disclosure, and investment supervision, ensuring compliance with the measures [4]. - Banks must sign custody contracts that clearly outline compliance, risk disclosure, and the rights and obligations of all parties involved [4]. Group 5 - The measures stipulate that banks must establish a sound governance structure for custody business, with specific norms for management systems, business independence, and data protection [5]. - Regulatory authorities are tasked with enhancing ongoing supervision, regulatory penalties, and data reporting requirements [5]. Group 6 - Prohibited actions for banks in custody business include assuming credit or market risks of custody products, providing guarantees, or participating in investment decision-making [6]. - The measures aim to prevent banks from blurring the lines of responsibility and overexposing themselves to risks [6]. Group 7 - Internal management requirements include establishing a risk management system appropriate to the scale and complexity of custody business, ensuring independence from other business lines, and protecting data and client information [7]. - Banks must conduct due diligence on custody products and partners, implementing entry standards for clients and products [7].

登录新浪财经APP 搜索【信披】查看更多考评等级 为进一步加强商业银行托管业务监督管理，促进商业银行托管业务规范健康发展，金融监管总局制定了 《商业银行托管业务监督管理办法（试行）》（以下简称《办法》），现正式发布。金融监管总局有关 司局负责人就《办法》回答了记者提问。 二、《办法》的主要内容有哪些？ 托管是商业银行作为独立第三方，为各类金融产品及专项资金形成的投资组合等提供财产保管及相关服 务的行为。商业银行开展托管业务应当坚持诚实信用、勤勉尽责、独立审慎、风险隔离原则，保障托管 财产的独立性。 《办法》共五章49条，包括总则、托管职责、管理要求、监督管理和法律责任、附则等部分。主要内容 包括：一是明确商业银行托管业务的概念和基本原则。二是细化商业银行开展托管业务应承担的职责， 压实托管人责任。三是提出商业银行托管业务管理的基本要求，建立健全治理架构。四是明确监管部门 对商业银行托管业务的监督管理和法律责任。五是对办法的执行过渡期等相关事项进行规定。 三、商业银行应当如何开展托管业务？ 一、制定《办法》的背景是什么？ 近年来，商业银行为理财产品、资金信托、证券投资基金、证券公司资管产品、保险资管产品、社保基 ...

Core Viewpoint - Hashkey Holdings Limited is launching an IPO in Hong Kong, aiming to raise approximately 1.426 billion HKD, with a focus on expanding its technology and ecosystem [1][6]. Group 1: Company Overview - Hashkey Holdings Limited, established in 2018 and headquartered in Hong Kong, is one of the early players in the digital asset service sector in Asia [3]. - The company has obtained 13 regulatory licenses across regions, including the VATP license in Hong Kong, positioning it as a leader in the market with over 75% market share by trading volume [3]. Group 2: Business Structure and Revenue - Hashkey's revenue is derived from three main segments: transaction facilitation services (68%), on-chain services (18.7%), and asset management services (13.3%) [4]. - The company has developed its own Layer-2 blockchain, HashKey Chain, focusing on the tokenization of real-world assets (RWA), with a staking asset scale of 29 billion HKD and RWA valued at 1.7 billion HKD [4]. Group 3: IPO and Fund Utilization - The IPO has attracted nine cornerstone investors, including UBS Asset Management and Fidelity, who collectively subscribed for approximately 530 million HKD, representing nearly 30% of the offering [5]. - The net proceeds from the IPO are expected to be allocated as follows: 40% for technology and infrastructure upgrades, 40% for global market expansion and ecosystem partnerships, 10% for compliance and risk management, and 10% for working capital [6]. Group 4: Market Position and Future Outlook - The IPO marks a significant milestone for Hong Kong in establishing itself as a global virtual asset hub, with Hashkey being the first licensed crypto exchange to go public [7]. - Despite not yet being profitable, the company has shown a reduction in losses compared to the previous year, indicating effective cost control measures [4][7].

Core Insights - The education and training industry faces both opportunities and pressures in 2025, with institutions encountering challenges such as demographic decline, decreased consumer spending, increased competition, and rising costs [1][5][29] Group 1: Industry Challenges - The industry is experiencing a significant decline in student enrollment, with first-grade new student numbers dropping by approximately 25% year-over-year, and projections indicating a potential 50% reduction in elementary school students by 2033 [5] - Consumer spending is on the decline, particularly among middle-class families, impacting enrollment rates; for instance, the average monthly fee for after-school care in Shanghai is around 4500 yuan, reflecting a high-end pricing strategy [5] - Increased competition from new chain brands is squeezing the market, making it harder for smaller institutions to maintain their competitive edge [5] - Rising labor costs are driven by mandatory increases in social security and housing funds, coupled with high employee turnover rates, which can reach 7% monthly, leading to increased recruitment and training costs [6] Group 2: Strategies for Growth - The company emphasizes the need for "internal seeking" to address challenges, focusing on both revenue generation and cost control [6][29] - Four key strategies for revenue generation include: 1. **Marketing Optimization**: Implementing detailed tracking of leads and conversion rates to enhance enrollment processes [7][8] 2. **Process Standardization**: Establishing standardized operating procedures (SOPs) to ensure consistent service delivery and management efficiency [18][20] 3. **Training Systematization**: Developing a structured training program to quickly onboard new employees and maintain service quality [21][23] 4. **Visual Value Communication**: Enhancing the visual presentation of services and results to improve perceived value among parents [24][26] Group 3: Cost Control Measures - Effective cost control relies on understanding financial data, including income and expenses, to identify areas for potential savings [27][28] - Institutions are encouraged to maintain basic financial reports and utilize tools like electronic accounting to track costs accurately [28] - Financial forecasting is essential for assessing growth trends and ensuring cash flow sustainability [28]

Core Insights - HGC环电 is focusing on digital transformation strategies driven by robust digital infrastructure and technology expertise, aiming to support enterprises and society in adapting to Industry 4.0 and AI trends [1] - The company serves over 46,000 large enterprises, with gross profit growth in managed services and cybersecurity solutions projected at 7.4% and 52.9% year-on-year by Q3 2025 [1] - HGC环电 has made significant advancements in AI applications, including deploying an AI obstacle detection system at Hong Kong's largest international container terminal and providing AI solutions to enhance customer experience for a leading telecom operator [1] Business Expansion - HGC环电 successfully acquired XMT, a licensed telecom operator in Malaysia, enhancing its regional business footprint and integrating its network with HGC's global backbone to create high-capacity "network highways" [2] - The company is expanding its fiber optic network in Kuala Lumpur and other AI hotspot areas, while also establishing operations in the Philippines to increase the number of available submarine cables from 2 to 17 [2] - To accelerate connectivity in Asia, HGC环电 has built a data center interconnect (DCI) cluster covering over 70 data centers, connecting Hong Kong, Singapore, and Southeast Asia, supporting local and cross-border high-speed connections [2] ICT Solutions and Innovations - HGC环电 provides tailored ICT solutions across various industries, including retail, education, financial services, and public utilities, with ICT revenue increasing by over 10% year-on-year by Q3 2025 [3] - The company developed the "GodEye Intelligent Platform," which utilizes AI-driven large language model operations to significantly reduce fault diagnosis time by 75% and average repair time by 60%, earning recognition for operational excellence [3] - HGC环电 maintains a distinct market position despite local competition, focusing on international clients and overseas market expansion [3] Company Overview - HGC环电 is a prominent telecom operator and ICT solution provider in Hong Kong and internationally, offering a wide range of services and extensive network coverage [4] - The company operates 20 overseas offices and has a comprehensive fiber optic network, connecting with top telecom operators in mainland China through five cross-border routes [4] - HGC环电 interconnects with over 100 world-class international telecom network operators, enhancing its service offerings [4]