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2015年以来,信托项目集中到期兑付压力明显增大,从目前中国信托行业的发展特征来看,反向信托和固信交易模式严重违反诚信义务,存在无风险套利行为,埋下“刚性兑付”隐患。本文首先从信托行业的业务模式入手,分析了反向信托和固信交易模式的发展特点,然后深入挖掘现有模式存在的风险隐患及不利影响,最后提出了相关政策建议,以促进中国信托业积极稳健发展。
Since 2015, there has been a marked increase in the stress on the maturity of trust projects. From the current development characteristics of China’s trust industry, the counter trust and the fixed-line transaction model seriously violate the obligation of honesty and credit. There is a risk-free arbitrage and a “rigid Redemption ”hidden danger. This paper starts with the business model of trust industry, analyzes the development characteristics of reverse trust and solid credit transaction mode, and then digs out the potential risks and adverse effects of existing models in depth, and finally puts forward relevant policy suggestions to promote China’s trust industry Active and steady development.