浅析银行集团分拆上市现状、趋势及相关法律体系的完善

A Brief Analysis of the Present Situation、Trend and Perfection of the Relevant Legal System of Banking Group’s Split Listing

银行集团的分拆上市系一种紧缩型资产重组方式,其不仅可以将管理者的收益直接与子公司的业绩及股价相关联,还能规避银行既有的法律及政策限制,灵活开展相关业务,进而强化公司对市场机遇的捕捉能力,推动业务的深入开展。然而境内市场银行集团分拆上市制度规范基本处于空白状态,导致国内投资者无法分享上市公司优质业务的发展成果,亟待填补相应立法空白、将法律保护范围覆盖原股东、已有债权人,对分拆上市决议实行公告制,妥善安排对债权人的债权,赋予债权人要求提前偿还债务或者要求提供补充担保的权利。

The split-up and listing of bank groups is a kind of tight asset reorganization. It can not only directly correlate the managers’ earnings with the performance and stock prices of subsidiaries, but also avoid the existing legal and policy restrictions of banks and flexibly carry out relevant business, thereby strengthening the company’s ability to capture market opportunities and push forward. Deep development of mobile business. However, the standard of domestic market banking group’s split-listing system is basically in a blank state, which makes it impossible for domestic investors to share the development results of the high-quality business of listed companies.