【作者】 姜婷婷；

【导师】 丁丁；

【作者基本信息】 对外经济贸易大学 ， 国际法学， 2007， 硕士

【摘要】 近几年我国国内经济持续高速稳定增长,个人资产保值增值需求日益旺盛,这为理财市场的发展提供了良好的环境,而由代客理财业务特性所决定的高利润,以及外资银行的竞争压力,更是直接导致个人理财业务成为国内商业银行竞相争夺的市场,进而推动了我国理财市场的飞速发展。但是,中国当前个人理财市场的法律环境尚不完善,同类业务在不同的金融领域却有着不同的管理规范,导致市场竞争的无序化,并出现了多头监管的局面。为促使我国银行个人理财产品市场更加健康有序地发展,本文对银行个人理财产品的法律监管进行了较为深入的研究。本文采用比较研究的方法,对不同国家银行个人理财产品市场的法律监管状况进行分析,以寻求更为有效的法律原理来解决我国银行在对该类业务的法律监管中遇到的问题。同时,将经济学理论和法学理论相结合,通过运用市场失灵理论、监管必要性理论、证券条文定义、投资合同定义、信托原理等,对银行个人理财产品的产生原因,需要立法、监管或司法介入的迫切性,以及银行个人理财产品的合法性和社会性等问题进行了探究。本文的理论意义和实践意义在于突破了原有银行个人理财产品的研究框架,从《信托法》《证券法》和《证券投资基金法》的角度进行全新的、综合的研究,丰富了我国银行个人理财产品的监管理论。本文明确提出了银行个人理财产品业务包括劳务关系、委托代理关系、债权债务关系以及信托关系四种法律关系,并提出根据法律关系的属性对银行个人理财产品进行相应监管的原则。通过对债权债务类银行个人理财产品与信托类银行个人理财产品法律属性的分析,认为其中的债权债务类个人理财产品应属于“证券”,从而将《证券法》的调整范围扩大到银行个人理财产品市场;信托类个人理财产品具有信托性质,应纳入到《信托法》的管理范畴,其中公开发行的信托类银行个人理财产品又具有证券投资基金的性质,应适用《投资基金法》中相关的法律原理。基于上述分析,提出了应在我国银行个人理财产品市场监管体制中逐步树立起由机构监管向功能监管转变的理念,以信息披露为核心,保护投资者,这填补了我国银行个人理财产品监管的空白,对于我国银行个人理财产品的监管实践具有建设性意义。更多还原

【Abstract】 In recent years, while our domestic economy grows at a high speed, the individuals have increasing demands for their wealth management, which promotes the further development of the individual wealth management business. Meanwhile, the large profit produced by the business resulted in the intense competition between domestic banks and foreign ones in the focused market. However, the development of our legal environment lagged behind. The same kind of business conducted by different financial institutions is regulated on different criteria. These lead the confusions of the market and regulation overlap. In order to make our banking individual wealth management product market develop better, we have made a deep research on the regulation of banking individual wealth management products.The comparison method is used here to analyze the regulation on banking individual wealth management product markets in different countries to search for more effective legal principles to solve the problems existing in regulation. Also we use economic and legal theories such as the theory on necessities of regulation, provision principle of security, principle of investment contract and principle of trust to do the research on the emergence of banking individual wealth management products, the necessities of legislation, regulation and judicature, and the legality and sociality of those products.The significance of this dissertation on theory and practice lies in the breaking-up of the old research framework, and making a new and comprehensive research from the view of Trust Law, Security Law and Investment Fund Law, and thus enriching the regulation theories for banking individual wealth management.This dissertation indicates that there are four kinds of legal relationship in the banking individual wealth management business, they are service relationship, proxy relationship, credit-debt relationship and trust relationship. And it is also pointed here that banking individual wealth management products should be regulated according to different legal relationships above. According to the analyses of the credit-debt product and the trust product, the conclusions are drawn here that the credit-debt product should be considered as“security”so that the regulation scope of Security Law can be expanded to banking individual wealth management product market, and that the individual wealth management product of trust should be regulated by Trust Law because of its trust quality. Also, the publicly-offered product has the quality of security investment fund, and should be regulated by Investment Fund Law. According to the analyses above, it is pointed out that functional regulation should take the place of organization regulation on banking individual wealth management product market and the information disclosure should be outlined to protect investors. These will add more to our banking individual wealth market product regulation and make great significance for regulation practice.更多还原