银行基金管理公司:国际规制经验与中国制度设计

《商业银行设立基金管理公司试点管理办法》的出台,标志着中国金融业探索混业经营走出了第一步,也标志着中国金融业混业监管开始真正起步。在海外资本市场上,银行基金管理公司的监管模式虽不尽相同,但监管内容基本一致。目前,我国银行基金管理公司的法律规制带有大量的制度移植痕迹,为促进银行基金管理公司的健康发展,建立和完善其法律规制成为制度建设的关键。

Given the universal banking prevailing in Western jurisdictions, and in response to the unstoppable trend of universal banking in China, Chinese authorities promulgated rules regarding the establishment of fund management business by commercial banks. It is indicative both of China's pilot on universal banking practices by commercial and of consolidated supervision by regulatory bodies. Although difference models exist in overseas supervisory practices, the underpinning is, to large extent, the same. So far, China's rules regarding bank's fund management business are transplanted from overseas, so to speak. In order to promote sound development of the bank's fund management business, China's regulatory authorities must set up and improve its legal system.