国际证券监管的双边合作研究

发布时间：2018-01-05 00:08

本文关键词：国际证券监管的双边合作研究　出处：《西南政法大学》2013年硕士论文　论文类型：学位论文

【摘要】：20世纪80年代以来，随着网络信息技术的快速发展，经济全球化的进程不断深入，促进了资本要素在世界范围内自由流动和优化配置。在此背景下，发达国家逐步放松对金融市场的管制，发展中国家逐步开放本国证券市场，证券市场国际化成为了世界金融市场发展的必然趋势。证券市场的国际化在促进金融发展和经济繁荣的同时，也引起金融风险的国际传递、跨境证券信息的不对称和国际证券违法犯罪行为的增加，给各国的证券监管带来了严峻挑战。因此，如何加强国际证券监管的合作，限制和避免证券国际化带来的消极影响是世界各国和地区共同面临的问题。各国和地区主要采取了双边合作、区域性合作和全球性合作三种证券监管合作模式，其中，，双边合作模式因方式灵活多样、内容涵盖丰富等特点，成为国际证券监管合作中最基础、最重要的模式。为此，笔者选择国际证券监管的双边合作作为本文的研究对象，通过对世界各国主要采用的三种双边合作方式进行简析，并对比美国的监管合作实践经验，试图结合中国国际证券监管双边合作的现状，提出完善中国国双边合作的具体建议，从而加强中国同其他国家及地区的证券监管双边合作，保障中国证券市场的平稳开放和繁荣发展。全文约三万五千字，除引言和致谢外，共分为六个部分：第一部分对国际证券监管双边合作进行了概述。首先介绍了证券市场国际化的产生，由于其带来的消极影响，各国和地区有必要进行国际证券监管合作。其次概述了国际证券监管合作的必要性及合作的三种模式。最后，笔者确定了本文研究对象，即国际证券监管双边合作这一最基础、最常见的合作模式，并分析了双边合作须达到的目标。第二部分从法学和经济学两个角度剖析了国际证券监管合作的相关理论，该基本理论同样适用于国际证券监管双边合作，该部分的理论分析对本文的研究具有重要意义。第三部分、第四部分和第五部分对世界各国和地区主要采用的国际证券监管双边合作的三种方式，即双边谅解备忘录、司法互助协定和多法域信息披露制度进行简析，分析在其合作中所存在的问题，并通过对比美国证券监管双边合作的实践经验得出小结，为后文完善中国国际证券监管的双边合作提供了借鉴。第六部分提出完善中国国际证券监管双边合作的建议。本部分首先阐述了中国证券监管双边合作的现状，对中国当前所存在的问题进行了分析，并从完善合作法律法规、提高合作有效性、拓宽合作方式和借鉴合作理论经验四个方面提出完善中国国际证券监管双边合作的具体建议。
[Abstract]:Since 1980s, with the rapid development of network information technology, the process of economic globalization has been deepening, which has promoted the free flow and optimal allocation of capital elements in the world. Developed countries gradually deregulated financial markets and developing countries gradually opened up their own securities markets. The internationalization of the securities market has become an inevitable trend of the development of the world financial market. The internationalization of the securities market not only promotes the financial development and economic prosperity, but also causes the international transmission of financial risks. The asymmetry of cross-border securities information and the increase of international securities illegal and criminal acts have brought serious challenges to the securities supervision of various countries. Therefore, how to strengthen the cooperation of international securities regulation. Limiting and avoiding the negative impact of securities internationalization is a common problem facing all countries and regions in the world. Countries and regions mainly adopt three modes of securities regulatory cooperation: bilateral cooperation, regional cooperation and global cooperation. Among them, the bilateral cooperation model has become the most basic and important model in international securities regulatory cooperation because of its flexible mode and rich content. The author chooses the bilateral cooperation of international securities regulation as the research object of this paper, through the analysis of three kinds of bilateral cooperation mainly adopted by countries in the world, and compares the practical experience of regulatory cooperation in the United States. Based on the current situation of bilateral cooperation in China's international securities regulation, this paper puts forward some concrete suggestions on how to improve bilateral cooperation between China and other countries and regions in order to strengthen bilateral cooperation in securities regulation. To ensure the smooth opening and prosperous development of China's securities market. The full text is about 35,000 words, in addition to the introduction and thanks, a total of six parts: The first part gives an overview of bilateral cooperation in international securities regulation. Firstly, it introduces the emergence of the internationalization of the securities market, due to its negative impact. It is necessary for countries and regions to cooperate in international securities supervision. Secondly, the necessity and three modes of international securities regulatory cooperation are summarized. Finally, the author determines the research object of this paper. That is, the most basic and most common cooperation mode of international securities regulation bilateral cooperation, and the analysis of bilateral cooperation must reach the goal. The second part analyzes the relevant theories of international securities regulatory cooperation from the angles of law and economics, and the basic theory is also applicable to the bilateral cooperation of international securities regulation. The theoretical analysis of this part is of great significance to the study of this paper. The third part, part 4th and part 5th mainly adopt three ways of bilateral cooperation in international securities regulation, namely bilateral memorandum of understanding. Mutual legal Assistance Agreement and Multi-jurisdiction Information Disclosure system are briefly analyzed, the problems in their cooperation are analyzed, and a summary is drawn by comparing the practical experience of bilateral cooperation in securities regulation in the United States. It provides a reference for improving bilateral cooperation in China's international securities regulation. Part 6th puts forward suggestions to improve bilateral cooperation in China's international securities regulation. Firstly, this part describes the current situation of bilateral cooperation in China's securities regulation, and analyzes the existing problems in China. From four aspects of perfecting the laws and regulations of cooperation, enhancing the effectiveness of cooperation, broadening the cooperation mode and drawing lessons from the cooperation theory and experience, the paper puts forward some concrete suggestions on how to perfect the bilateral cooperation in China's international securities supervision.
【学位授予单位】：西南政法大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：D996.2

【参考文献】