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伞形信托是中国金融业分业监管、综合经营下的金融创新,因身份信息隐秘、开设门槛低、投资限制少等优势,在实践中获得超常规发展。但其存在账户信息披露不透明造成误导,普遍加杠杆运作模式加剧市场运行风险等问题,造成了一系列法律风险。本文将从识别伞形信托的行为合法性、确保对伞形账户的“看穿式”监管、审慎评估和应对伞形账户的高杠杆配资风险、有效实现券商及软件公司对伞形账户接入的前端控制等方面加强对伞形信托的监管。
Umbrella Trust is a financial innovation under the separate supervision and comprehensive management of China’s financial industry. Due to its hidden status information, low barriers to entry and less investment restrictions, Umbrella Trust has achieved unconventional development in practice. However, its existence of misleading disclosure of account information is not transparent, and the general plus leverage mode of operation exacerbates market risks and other issues, resulting in a series of legal risks. This article will identify the legitimacy of the behavior of umbrella trust to ensure that the umbrella account of the “see-through” regulation, prudent assessment and response umbrella umbrella high leveraged funding risk, the effective realization of the securities firms and software companies umbrella account Access to the front-end control, etc. to strengthen supervision of the umbrella trust.