信托公司在资产证券化中的作用

The Role That the Trust Company Plays in Asset Securitization

资产证券化运作机制的本质在于破产风险的隔离机制,而信托财产的独立性正好符合资产证券化的本质要求,从这点出发,本文得出结论:在我国现有的法律制度背景下,信托模式可以作为是我国资产证券化发展的突破模式之一。

The essence of asset securitization lies in the mechanism of bankruptcy - risk remote, while the independence of trust asset just accords with the conditions of asset securitization. From this point, we draw the conclusion that trust mode is one of breaking mode that carry out asset - backed securitization (ABS) in China. In this paper, firstly I explain the essence of asset securitization; secondly point out the barriers that push ABS through SPV mode; finally draw a conclusion that trust mode is a feasible asset securitization mode and analyze asset securitization practice in China.