Research On The Bankruptcy Isolation Of The Securitization Of Accounts Receivable In Chinese Enterprises

Asset securitization since it is possible from the overall credit to underlying assets and credit as the basis, the future cash flow to be generated cash advance and improve financing efficiency, and to achieve break risk isolation and fully protect the interests of investors, and thus become far-reaching financial innovations, and by many companies and investors. Asset Securitization With its outstanding system advantages at a faster pace, effectively played a major role in the promotion of corporate finance, but also meet the requirements of the financial markets serve the real economy. Bankruptcy remoteness as a core asset securitization, securitization is an effective institutional strengths to play a key asset. In theory, as long as with the transferability, capable of generating a stable cash flow of assets can be securitized basic. But with due receivables as underlying assets compared with the universality and particularity of its other infrastructure assets, therefore more representative of the selected articles receivables securitization perspective, focusing on the issue of its bankruptcy remote. Many factors Accounts Receivable Securitization need to achieve successful implementation of bankruptcy isolation, but in our particular practice, because the relevant laws and regulations exist vacancies in the underlying asset's difficult to sell securities firms and special asset management plans and other laws affecting property unknown bankruptcy isolated realize the impact of asset securitization institutional strengths to play, so it should improve the legal system from the true sale of the underlying assets, improve the legal system of special asset management plan and the breakthrough separate management restrictions and other aspects of insolvency and isolation system constructed to explore.