摘要
当前我国尚未形成穿透式监管较为统一的法制体系,而是散见于具体监管执法过程的规范性文件或专项行动方案。当法律颁布与现状不同步时,坚守一些基本原则便显得十分重要。穿透式监管的核心在于监督金融主体相关信息的披露,那么私募领域的穿透监管准则便可以围绕私募信息披露为核心展开探讨。其中,严格控制200人限制作为首要穿透职责,明确私募备案登记的审核标准,处理好监管与市场的关系成为首先要考虑的重点原则问题。本文通过经典案件的归纳,引入"穿透式"监管原则相关的四个焦点问题,对此加以探讨并分别得出结论。
China has not yet formed a unified system of penetrating supervision, which is instead scattered in normative documents or special action program of specificregulation enforcement process. When the law is not synchronized with the status, it would be very important to stick to some basic principles. The core of penetrating supervision is to supervise the disclosure of information about the financial subject, so the penetration rules of the private sector can be discussed around private information disclosure. Among them, strict control of 200 people is the primary responsibility to penetrate, while it is the primary problem of principle to define the audit standard of registration for private and deal with the relationship hetween regulation and market. Through citing leading cases, it introduces four key issues of penetration supervision and draws conclusion respectively.
出处
《上海商学院学报》
2017年第5期20-26,共7页
Business Economic Review
关键词
公募
私募
穿透式监管
监管原则
public offering, private placement, penetrating supervision, regulatory principles
作者简介
李长红，黑龙江牡丹江人，华东政法大学，研究方向：法律与金融方向；;张敏，浙江余姚人，法学博士，华东政法大学经济法学院讲师，研究方向：经济法学。
