【中文版】

非标资金池是指金融机构将一定比例的非标准化债权资产（非标）组成资金池，在资金池内进行流转，以获取更多的流动资金，从而达到减少资本占用、提高资本效率的目的。

非标资金池中的资产通常包括非公开交易的债权资产，如信托计划、资管计划、私募基金等，这些资产在风险和流动性上与标准化债权资产存在差异，因此被称为非标资产。

非标资金池的运作模式通常是由金融机构设立一个专项投资基金，将多个非标资产打包组合，形成一个资金池，然后以这个资金池为基础进行投资和融资。在这个过程中，金融机构可以对资金池进行主动管理，根据市场变化及时调整资金池中的资产配置，以实现风险分散和收益最大化。

非标资金池的优势在于可以提供更多的流动资金，提高资本效率，同时可以减少资本占用，优化资产负债表结构。但是，非标资金池也存在一些风险和问题，如信息不透明、监管难度大、风险集中等。因此，金融机构在运作非标资金池时需要谨慎管理，加强风险控制和合规意识。

【英文版】

What is an off-balance sheet pool of funds?

An off-balance sheet pool of funds refers to a method where financial institutions bundle a certain proportion of non-standardized debt assets (non-standard assets) together to form a pool of funds that can be used for investment and financing within the pool to obtain more liquidity, thereby reducing capital consumption and improving capital efficiency.

Assets in an off-balance sheet pool typically include non-publicly traded debt assets, such as trust plans, asset management plans, private equity funds, etc. These assets differ from standardized debt assets in terms of risk and liquidity, and are therefore referred to as non-standard assets.

The operational model of an off-balance sheet pool typically involves a financial institution establishing a special investment fund, packaging multiple non-standard assets together into a pool of funds, and then using this pool as a basis for investment and financing. During this process, the financial institution can actively manage the pool of funds and adjust the asset allocation in the pool in a timely manner based on market changes to achieve risk diversification and maximum returns.

The advantages of an off-balance sheet pool lie in providing more liquid funds to improve capital efficiency while reducing capital consumption and optimizing the balance sheet structure. However, there are also some risks and issues associated with off-balance sheet pools, such as information opacity, difficulties in regulatory supervision, and risk concentration. Therefore, financial institutions need to manage off-balance sheet pools cautiously, strengthen risk controls, and maintain compliance awareness.