Strengthen The Information Disclosure Duty Of Trustees Of Collective Money Trust

Collective money trust has a unique elastic design.With the growth of investment and financing needs of investors,collective money trust products have been favored by more and more investors.But in practice there is still many problems,such as the recent outbreak of collective trust event.As the problems is misleading information disclosure and false information disclosure of trust company.This paper analyses a typical case of illegal information disclosure and combines this case with the practical problems of trust campany about information disclosure.In order to alleviate the contradiction of information asymmetric between the investors an trust company,we neet to think about how to strengthen the information disclosure duty of trustees.Through these channels we can protect the interests of the investors.The imperfect legal system is lack of detailed rules and regulations is behind the demand of the thrust practice.We can strengthen the information disclosure duty of trustees through three channels.We can promote the trust company to conduct business more standardized and prevent the occurrence of moral hazard.The introduction part,it introduces the basic situation of the case.Taking the “Jinhui19” as an example,it answers the question whether Sichuan trust company violates the rules of the information disclosure.It concludes that the violation of rules about information disclosure leads to the outbreak of collective trust.this paper agrees on the idea that It is necessary to strengthen the information disclosure duty of trustees.The first part,this paper introduces how to refine information disclosure content.First of all,the law should stipulate the general principles of the information disclosure.Then,the content of the information disclosure duty should be refined.Specifically,the content about all stages of collective money trust business and abou the management of trust company should be refined.The second part,this paper introduces how to improve the way collective money trust information disclosed.Through this way,investors can obtain more useful information at the lowest cost.Specifically,we should combine the mandatory information disclosure with the voluntary information disclosure and improve the quality of the information.We he should continue to disclose information through the original channels on the basis of using multichannel to disvlose information.The third part,this paper introduces how to strengthen the review of the authenticity of the information.First,we need to establish review mechanism about the authenticity of the information.We can conduct a rigorous review about the authenticity of the information.Then we should improve the system of the trust registration.We can continue to review the information through this way.