论国债回购交易的信托登记规则

On Trust Registration Rules in Treasury Bond Repurchase Transaction

现行国债回购交易的登记规则的缺漏是导致出现国债回购交易危机的重要原因。应当建立明示投资者和其委托的证券公司之间的法律关系的信托登记。该信托登记具有公示公信效力,信托登记可以相关法律关系明确化、相关权利明晰化。

The lack of trust registration rules in current treasury bond repurchase transaction is an important reason for treasury bond repurchase transaction crisis. The trust registration that expressly defines the legal relationship between investors and the securities company they entrust should be established. This kind of trust registration has the effect of public notification and public trust. Trust registration can make the related legal relationship explicit and make the related rights distinct.