国际证监会组织的法律问题研究

发布时间：2018-03-10 22:22

本文选题：IOSCO　切入点：证券监管　出处：《辽宁大学》2017年硕士论文　论文类型：学位论文

【摘要】：随着国际经济一体化的不断深入,证券市场的国际化水平不断提高,各个国家和地区的跨境证券交易越来越多。随之而来的就是各种各样的证券市场的内幕交易、市场操纵、证券欺诈等违法犯罪行为,国际证券的跨国性,使得国际证券监管问题越来越复杂。再加上不同国家和地区的证券市场的发达程度参差不齐、证券监管法律各有不同、证券监管机构的监管水平不一,以致任何一个国家和地区都无法单独应对这些全球性的监管难题。所以,不同国家和地区的证券监管机构必须加强彼此的合作与协调。国际证监会组织(以下简称IOSCO)在国际证券监管中的地位最重要、成效最显著。因为,国际证监会组织是由各国和地区的证券监管机构组成的跨国监管网,属于非正式的国际组织。它自成立以来,制定、发行了无数的原则、标准、决议、建议、报告等规范性软法规则,这些规则对单个国家不足以应对的全球性证券监管难题提供了解决方案。所以,对IOSCO的充分研究,可以使中国充分利用IOSCO这一平台,加强中国与其他国家的证券监管机构合作。本文主要采用了历史分析法、理论分析法,规范研究与实证分析相结合的方法。以国际证监会组织“跨国监管网”的特征为切入点,对国际证监会组织的内部结构、规则、执行机制进行透彻的分析。希望中国可以充分发挥IOSCO结构和规则的优势,规避其不足,提高中国在国际证券监管中的地位。笔者通过对中国在IOSCO中的地位的分析,着重提出中国应采取的对策。具体的应对措施是:第一,增加中国在IOSCO中的会员数量,打破发达国家的垄断:(1)鼓励中国的非正式证券监管机构加入IOSCO,必要时,对他们给予技术上和资金等方面的支持,帮助它们顺利完成IOSCO关于《原则》执行情况的报告,从而增加中国在联系会员和附属会员中的比重;(2)赋予与证券监管相关的自律性组织更多的监管权限,鼓励它们积极加入IOSCO,成为IOSCO的附属会员;第二,提高中国在IOSCO的话语权:(1)充分发挥协商一致的决策机制的优势,提高中国在IOSCO规则制定中的话语权;(2)中国证监会应该积极参与IOSCO的活动,逐步提高其在处理全球性证券监管事务中的话语权。
[Abstract]:With the deepening of international economic integration, the level of internationalization of the securities market has been continuously improved, and more and more cross-border securities transactions have been carried out in various countries and regions. This has been followed by insider trading and market manipulation in various securities markets. The transnational nature of international securities, such as securities fraud, makes the problem of international securities supervision more and more complicated. In addition, different countries and regions have different levels of development of securities markets, and the securities regulatory laws are different. The regulatory level of securities regulators varies so that no country or region can deal with these global regulatory challenges alone. The securities regulators of different countries and regions must strengthen their cooperation and coordination with each other. The International Organization of Securities Regulatory Commission (IOSCO) is the most important and the most effective in international securities regulation. The International Organization of Securities Regulatory Commission (CSRC) is a transnational regulatory network composed of securities regulatory agencies of various countries and regions. It is an informal international organization. Since its establishment, it has formulated and issued numerous principles, standards, resolutions, recommendations, Normative soft law rules, such as reporting, provide solutions to global securities regulatory challenges that individual countries cannot cope with. Therefore, a full study of IOSCO will enable China to take full advantage of the IOSCO platform. Strengthening the cooperation between China and other countries' securities regulatory institutions. This paper mainly adopts the methods of historical analysis, theoretical analysis, normative research and empirical analysis. The starting point is the characteristics of the International Organization of Securities Regulatory Commission's "transnational regulatory network". This paper makes a thorough analysis of the internal structure, rules and enforcement mechanism of the International Organization of Securities Regulatory Commission. It is hoped that China can give full play to the advantages of the structure and rules of the IOSCO and avoid its shortcomings. Through the analysis of China's position in IOSCO, the author puts forward the countermeasures that China should take. The specific countermeasures are as follows: first, to increase the number of China's members in IOSCO, Breaking the Monopoly of developed countries: 1) encourage China's informal securities regulators to join IOSCO and, if necessary, give them technical and financial support to help them successfully complete the IOSCO report on the implementation of the principles. This will increase the proportion of associate members and affiliated members in China) and give more regulatory powers to self-regulatory organizations related to securities regulation, and encourage them to actively join IOSCO and become affiliated members of the IOSCO; second, Enhancing China's right of speech in the IOSCO: 1) giving full play to the advantages of the consensus decision-making mechanism, and enhancing the voice of China in the formulation of the IOSCO rules the CSRC should take an active part in the activities of the IOSCO. Gradually improve its voice in dealing with global securities regulatory affairs.
【学位授予单位】：辽宁大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：D996.1

【参考文献】