Asset Securitization Trust Model

Asset securitization is a structured finance, and create the era of direct-financing. Asset securitization turned into a financial innovation,, since the time of its formation did not stop the evolution of structure and scope of the expansion. Asset securitization, with the promotion of globalization in the world. And its innovative features, asset securitization States also have different system model. Showing a time in full swing, the flourishing prosperity, as part of reform and opening up, China has carried out a pilot asset securitization, one after another into the securitization of credit assets and corporate asset securitization two forms of asset securitization pilot. Face of China's asset securitization pilot separation of deadlock, where the final form of mining, today. Then the U.S. subprime mortgage crisis, and then evolved into the global financial crisis. For a time, asset securitization as the culprit, such as asset securitization in China just opened the pilot is also stalled. So far, our practice, whether in academia, there are two problems to be solved in the first, whether China is an asset securitization, the second is the form in which the asset securitization. In this context, the author wrote this article.Firstly, through asset based securities and trust system definition, character analysis, demonstration of asset securitization trust system functionality support, which is asset securitization trust system theory using. Subsequently, through the securitization of the assets of the world's major countries, asset securitization were compared and analyzed the trust model is the main mode of asset securitization. And then, through several major asset securitization model, in China analysis, the trust-based feasibility and optimality. After the above argument to determine the mode of use of asset securitization, this paper models by the legal analysis of asset securitization trust relationship between the law and its legal relationship of subject, object, content analysis and appraisal of asset securitization combining theory and practice were targeted discussions and put forward their own point of view. Such as asset securitization in the main constraints, the nature of the object discrimination claims involved in the qualitative relationship between the main legal issues. Then, the main process of securitization of assets such as asset restructuring, true sale, the risk of isolation, the Law, a legal point of view of legal advice related to the environment.Finally, after analysis, that the current existence of asset securitization in China the main problems and put forward their own comments and suggestions. This article is divided into seven chapters to complete the content analysis described in this article to explain. The first chapter is an introduction, describes the background and significance of this study. The second chapter is an overview of asset securitization trust model. The third chapter is the development of the national asset securitization; Chapter Four mode selection of Asset Securitization Analysis. Chapter V: Asset Securitization Trust model of legal relations; Chapter VI of the operation of the process of asset securitization major legal issues; Chapter VII of the comments and suggestions.