Supervision Of China's Trust Companies

Supervision is absolutely necessary for the safety of trust property which is wholly controlled by trust company. However, there are so many problems in the current supervision situation. More and more people search into them, but all of them only analyze concretely according to specific problem, without excavating headstream, or system analysis or lucubrating. This thesis aims at supplying a gap, hoping that will do good to trust company walking out of puzzledom.The trust system function and financing superiority, realization of trust purposes and assurance of beneficiary's benefit all depend on trust company carrying out obligations faithfully and entirely. Exterior and inner supervision can effectively help solve this problem. Although supervision system in China has developed very fast during the past three years, including promulgation of laws and regulations, relatively favorable supervision surroundings and getting some achievements in this field, there still are many problems in supervision system such as imperfect laws, regulations, supervisor and internal control institution, shortage of social supervision surroundings, disobedience to supervision, managing illegally and so on. The experiences from UK, US and Japan where trust system is well developed are that perfect law system, positive intervention from government and trust association react well on supervision. According to Chinese actuality, together with learning from these advanced experiences, this thesis suggest setting up and consummating the trust supervision system, which is suitable for our socialistic market economy, from three sides: trust laws and matching system, supervisor and supervising way.The article employs such research methods as excavating headstream , historical analysis and comparative analysis.