台湾地区金融资产证券化规则研究

Study on the Rules of Financial Asset Securitization in Taiwan

资产证券化作为一种联通直接融资与间接融资的金融创新,有利于提高金融机构的资产流动性、分散金融风险并降低融资成本。台湾地区金融资产证券化规则在"双轨制"SPV架构形式、统一监管模式、税收费用优惠政策和投资者保护等方面具有自身特色,有力促进了该地区金融资产证券化的发展。大陆可在借鉴其相关经验基础上,完善资产证券化统一立法模式和监管部门,给予金融资产证券化合理的税收优惠并以信息监管方式强化投资者权益保护。

The rules of financial asset securitization in Taiwan have their own characteristics in the'D ual-track'SPV architecture form,unified supervision mode,preferential tax and fees policies and investor protection,which have promoted the development of financial asset securitization effectively in Taiwan. China's Mainland should learn the experience of Taiwan province,and then establishes the uniform legislation mode and regulatory authorities,implements reasonable preferential tax policies and protects the interests of investors by means of information supervision.