摘要
在我国目前法律体系下采用信托和公司两种组织形式来担当SPV还存在着一定的法律障碍 ,不论采用哪种形式 ,都必须对SPV豁免在现行法律、法规下对实体公司的许多要求 ,其中包括最低资本注册要求、证券发行、财务制度、税收豁免等问题 ;为实现真正的“破产隔离” ,SPV的投资主体应该由发起人之外的其他主体来担当 ;而对于整个资产证券化的法律控制最好是用特别法来规范 ,不宜因此而对现有法律进行大规模地修改来达到目的。
There exist some legal problems when utilize the two regions which are trust and corporation as SPV under the legal system of China nowadays. Whatever region we choose, it is necessary to release the requirements settled by laws and regulations pointing to entities, including the lowest registration requirement, security publication, financial system, tax freedom, etc. In order to reach real “Bankrupt-Remote”, the investment subjects of SPV should avoid sponsors. And the legal control of the whole asset securitization may be regulated by special law but not the revision of existing law.
出处
《当代法学》
2004年第5期65-70,共6页
Contemporary Law Review
关键词
资产证券化
SPV
信托设立
公司设立
asset securitization
SPV
the establishment of trust
the establishment of corporation.
