Font Size: a A A

Study Of The Legal Issues Of China's Overseas Securities Financing Co-operative Supervision

Posted on:2005-09-26Degree:MasterType:Thesis
Country:ChinaCandidate:C W ZhanFull Text:PDF
GTID:2206360122985344Subject:Law
Abstract/Summary:PDF Full Text Request
Ever since 21st century, fund shortage is an outstanding issue which the whole global economy is facing. As for China such a big developing country which is the transition from the planned economy to the market economy, its own fund accumulation has lagged far behind the its requirement for high speed economy development. As a result, we have to exploit the overseas market to draw fund from foreign countries. To directly issue bond and stock is no doubt a most attractive way to fund. We have had some good trials in this area.We have had good achievements in the internationalization of our security market and a lot of work has been done in the legal supervision area. However, as we are still on the primary stage of the internationalization of our security market, we have had a lot weak points in our legal supervision on the transnational security issuing and transnational security transferring, which calls for continuous adjustments and perfection on the way to advance. This thesis has some discussion on the supervision on overseas security financing and cooperation so that it can have some contribution to the improvement of our security legal supervision.The thesis has been divided into 3 parts and the main idea is as following:Chapter 1 prelude. This chapter has the concept definition and the observation on the studying point of the international security cooperation legal supervision system, that is security, overseas security financing, security supervision and international security cooperation legal supervision. Meanwhile, the writer can only limit the area to the cooperative supervision on our overseas security financing as the transnational security financing is a complicated and monstrous legal problem because of limited time and ability, which means this thesis can only have a shallow study on the cooperative legal supervision on the financing activities that happened on the overseas markets, includingthe bonds and stocks which have been issued at their face value in our currency by the registered enterprises in our country and have been delivered to the overseas markets. At the same time this chapter has had a brief introduction of the history of the main ways & meaning to have overseas security financing in our country so that we can have a better plan for the future.Chapter 2 the economic and legal analysis of security supervision.This chapter has elaborated on the government interference theory and a conclusion has been drawn that the reason for government interference is that the market has its own defect . The analysis of the market default will help us realize the necessity of the government interference and has provided us with the scientific definition of the scope of government interference, which should be restricted to the market nmlfunctional area . Secondary, the chapter reinforced the necessity to supervise the securities after the detailed discussion on the two special characteristics of securities. Also, with the accelerating globalization of the economy, transnational security financing has been developing in an explosive way and the revolutionary advancement of internet has made the conflict of law and the implementation of law an ever greater problem, which calls for the international supervision and which is of greater importance to our country. This chapter has laid the foundation for the study of international cooperative supervision on our country's overseas security financing after it has a brief introduction of the ways to supervise securities of different countries and has detailed elaboration and analysis on our country's own mode to supervise securities and its evolutionary history.Chapter 3, cooperative supervision on overseas security supervision.This is the central part of the thesis and is divided into 4 parts. First part, the writer starts from the concept and the background of the security market internationalization and had reachedthe conclusion that the security market internationalization is a process that the security market has operated . In this proc...
Keywords/Search Tags:Co-operative
PDF Full Text Request
Related items