Chinese Regulation On Private Equity Fund In Term Of Legal Issues

In recent years, surging stock markets in China developed well, private equity fund with its distinct characteristics active in the securities market, its huge scale caused more and more attention. In this paper, that is the target of Chinese securities market in private equity funds, private equity funds as an investment tool in foreign countries have a long history of development, has been gradually formed a complete set of mature mode of operation. But private equity fund in China because of the relatively short history, whether in law or in the management there are many immature, non-standard place. Therefore, this paper, given that private equity fund a clear legal status, have become the norm private equity fund, and promote their development and reduce their risk the most urgent task.In addition to the preamble and the conclusion, this paper is divided into three chapters: ChapterⅠ, the outline of private equity fund regulation; ChapterⅡ, a comparative study of the legal system of domestic and foreign private equity fund monitoring; ChapterⅢ, recommendations for the supervision legal system of private equity fund in China.The first chapter outline of private equity fund regulation, first expounded on the basic concept of private equity funds, and the characteristics of three major operation mode of private equity funds in China; then put the content of legal supervision, legal supervision should be reached by the objectives and to be followed by the rule of law; last describe the historical development of private equity fund in China, that current legal environment in China can't be completely to achieve effective regulation , that the development of private equity fund facing opportunities and challenges.ChapterⅡis the comparative Study of the supervision legal system of domestic and international private equity fund. In developed markets the supervision system for the private equity fund is different from the public offering fund. The chapter describes the regulatory approach in private equity funds in the United States, Britain, Hong Kong and Taiwan regions; to provide a useful reference, these building of the legal regulatory system can be set up to the legal system of Chinese private equity fund. ChapterⅢ, the concept of regulatory system for Chinese private equity fund, expounded the need of the regulation for Chinese private equity fund , then in seven areas: registration, eligibility sponsors, private equity fund organizational structure, private equity fund operating rules, qualified investors, private equity fund of information disclosure methods, private equity fund Risk management, put forward specific proposals of legal regulation, in the end establish and improve the monitoring system that suit for characteristics of Chinese private equity fund.