A Study On The Legal Problems Of Information Disclosure About The Listed Company's Factual Controller By Trust

The listed company's factual controller by trust is the special form of the listed company's factual controller, and chinese legislation should pay more attention to the listed company's factual controller by trust. Listed company's factual controller must comply with the provisions of information disclosure, and listed company must disclose the listed company's factual controller. The listed company's factual controller by trust also should fulfill the obligations of information disclosure and listed company should disclose the listed company's factual controller by trust. Trustee exists between the listed company and the listed company's factual controller by trust. Trustee should disclose the information of the listed company's factual controller by trust, but the trustee should keep information secret for the listed company's factual controller by trust. Chinese legislation relates little to the listed company's factual controller by trust. Trustee's extent of information disclosure obligations is blurry.In order to establish the legal system of information disclosure of the listed company's factual controller by trust, the article makes particular arrangement as follows. Chapter one mainly introduces the concept and the character of the listed company's factual controller by trust, and its current situation, functions and the ways of realization. Chapter two points out the conflicts between the trustee's obligations of information disclosure and the trustee's obligations of keeping information secret. The information disclosure extent of the listed company's factual controller by trust is to prevent the inequitable securities exchange. Chapter three probes how to perfect the information disclosure legal system of the listed company's factual controller by trust. It points out the least extent of trustee's information disclosure. Listed company should have the rights and obligations to investigate the listed company's factual controller by trust. Legislation should nail down the responsibility of the obligor of information disclosure.