Research On Information Disclosure System Of Private Equity Fund

In recent years,the private equity has flourished in China,but the rapid development of financial technology,increasing industrial competition and the lack of regulatory measures have all increased the probability of an outbreak of concentrated financial risks in the private equity market.Information disclosure is at the core of the supervise system,which relates to the whole process of private equity,but due to the special nature of private in the private equity market,information disclosure can not fully play the regulatory effect in practice and regulate illegal activities effectively.In order to enhance the competitiveness of the private equity,prevent the systemic financial risks caused by the lack of information disclosure,and avoid the frequent crime of fund raising fraud,the information disclosure system should be improved continuously.This article is divided into five parts.The first part introduces the meaning,characteristics and operation mode of the private equity,clarifies the features and operation forms of the private equity,analyzes the problems existing in the private equity market,highlighting the central role of information disclosure in private equity regulation.The second part introduces the Private Equity Information Disclosure System,briefly describes its meaning and characteristics,analyzes the principles that should be followed in perfecting the information disclosure system in detail,this paper expounds the specific provisions of information disclosure in the current legislation.The third part analyzes the problems in the system of information disclosure,including the problems involved in the regulatory mechanism of disclosure,the definition standards and systems of the disclosure objects,the problems of insufficient disclosure content,and the legal responsibility of illegal disclosure.The fourth part introduces the Regulation and information disclosure of private placement in the United States,the United Kingdom and Japan,get the experience and enlightenment that we can study.The fifth part,based on the analysis of the relevant issues of the information disclosure system,taking the principle of perfecting the information disclosure system as the theoretical support,then combined with the experience of exotic areas,suggest some ideas and methods on the participants,content,responsibility and supervision of information disclosure.