集合资金信托

关于集合资金信托成为信托业主流业务的探讨

An Exploration of the Assembled Funds Trust Becoming Mainstream Trust Business

首先是案件本身对于集合资金信托计划与非法吸收公众存款的行为之间的区别着手，找出两者之间的区别和关联，才能更好的知道如何避免这种情况的混合。

First for the case itself assembled funds trust scheme and the difference between the Act of illegally absorbing deposits in public , try to find the differences between the two things , it can be better for us to know how to avoid this kind of mix .

成功推介了多个集合资金信托计划。

It successfully launched a number of collective trust investment programs .

其次是集合资金信托计划的风险隔离问题。

Second was followed by the trust funds ' risk of segregation .

我国集合资金信托的发展状况；

The actuality of Collective Fund Trust in our country ;

集合资金信托业务的发展障碍。

The barrister in the development of Collective Fund Trust .

利用内部集合资金信托的融资实践

The Capital-raising Practice of Utilizing the Trust of the Internal Integration Funds

第二章分析集合资金信托产品发行中的问题。

Chapter two mainly analyzes the problems during the issuing of Collective Fund Trust .

第三章是对集合资金信托产品流通问题的分析。信托产品流通问题实质上就是信托受益权的流通问题。

The flowing of Trust product is in essence the flowing of Trust beneficiary right .

从分析投资者权益弱化的表现入手，阐明原因，并归纳了集合资金信托投资者权益保障的几个必要条件。

First analyze the representation , then the reason and last the necessary conditions of rights protect .

信托公司集合资金信托若干法律问题研究&以其业务规则障碍为导向

Some Legal Problems Concerning the Collective Fund Trust of Trust Company & Targeted at Its Business Rule Barrister

认真管理信托财产，为每一个集合资金信托计划至少配备一名信托经理。

Earnestly managing the trust property and arranging at least one trust manager for each trust plan of assembled funds .

我国集合资金信托制度的检讨和展望&以投资者权益保护为中心这也是本文对我国集合资金信托制度作一检讨的根本目的。

Review and Forecast of Collective Money Trust & Focus on Investor Rights Protection This is also the aim of the text .

在该部分中，首先介绍了资金信托业务的定义、分类，接着从集合资金信托的集合角度对集合资金信托的性质着重加以分析。

Beginning from definition and classification of fund trust , then move to the analysis of collective fund trust from the angle of " collective " .

由于集合资金信托计划所牵涉的法律关系比较复杂，本文挑选了其中的关节点进行了立法方面的思考。

The trust fund plan includes complex legal relationship . In this paper , the writer chooses a few of the major legislative issues to ponder .

协助企业发放集合资金信托计划引荐国际国内的投资或信贷机构，为企业提供更多融资渠道；

Help companies distribute pooled funds and entrust plan , then introduce international and domestic investment and credit institutions , and supply more financing channels for companies .

此外对信托税制改革也进行了深入的讨论。第一章是资金信托概述及集合资金信托发展障碍的分析，主要包括以下内容：资金信托的分类；

Chapter one of this thesis is mainly a basic analysis of Fund Trust and Collective Fund Trust , which includes : the classification of Fund Trust ;

笔者通过对信托课税原则的分析，提出集合资金信托产品税制设想：主要包括流转税、印花税、所得税。

Through an analysis of Trust taxation principles , the author proposes a taxation design of collective fund trust , including flowing tax , stamp tax , income tax .

而且2007年三月，《信托公司管理办法》和《信托公司集合资金信托计划管理办法》开始实施，信托业务出现了大幅增长。

And in March 2007 , " Trust management approach " and " Trust funds set Trust programme management methods " implemented , trust the significant increase in business .

从立法现状的角度来看，规范集合资金信托业务的是一法两规以及监管机构的指导性文件，因此存在着立法位阶较低的现象；

From the view point of legislation , laws of collective money trust consists of one law , two rules and several guiding documents most of which are low level laws .

第一部分主要讨论了集合资金信托业务的概念和法理分析为基础，并与类似的证券投资基金制度、证券公司集合客户资产管理业务作了比较。

In the first part , the text mainly discusses the concept and nomological elements of collective money trust and it makes comparison with similar business as mutual fund and collective assets management .

首先，集合资金信托业务流程设计以信托公司为主导，决定了投资者的弱势地位，几乎每个环节都有投资者权益弱化的现象存在。

That the business process of collective money trust is dominated by Trust and Investment Corporation determines the feeble status of investors who are much weaker in almost every part of the process .

以远图一号集合资金信托计划和信元股权收益权转让信托计划两个典型案例对两种融资模式的操作流程、具有的优势以及风险进行了描述。

Described the two kinds of financing modes of operation process , advantages and risks by " Yuan tu No.1 " trust fund and the cell return on equity right transfer trust schemes of two typical cases .

自1998年开始的第五次整顿已接近尾声，获得重新登记的信托公司纷纷将集合资金信托作为自己的主打业务品种，并取得了不错的开局。

The 5th adjustment started in 1998 is about to pull to an end , and most of the newly registered Trust companies identify the Collective Fund Trust as their main business , which has gained a good beginning .

2004年2月中国第一只阳光私募基金&赤子之心中国集合资金信托成立后，我国私募基金开始走上阳光化之路，同时也步入了快速发展的轨道。

Since the first Privately offered sun fund & The Trust collection fund in China of pure heart was established , Privately offered fund in China began walk on the sunshine road , at the same time entered a rapid development track .

按照现行规定，信托业目前可以开办信托业务、投资基金业务、投资银行业务、中间业务和其他业务，但最有条件成为信托业未来主流业务的当属集合资金信托业务。

According to the current regulation , now trust business can start trusting , investment funding , investment banking , intermediate business and other businesses , but what will most likely become the future mainstream trust business should be the assembled funds trusting .

但初步繁荣掩盖不了背后的隐忧，我国信托公司的集合资金信托业务发展过程中遇到的一些瓶颈问题至今未得到解决：其他金融机构类似业务的不公平竞争；

However , the seemingly prosperous Trust market can not mask the problems beneath , namely , some of the bottle-neck problems in the development of Collective Fund Trust are not solved yet : unfair competition of similar Trust business by other financial bodies ;

由此，渤海银行也成为中国第一家在发起设立阶段就引进境外战略投资者并以集合资金信托方式吸收自然人参股的股份制商业银行。

From this , Bohai Sea bank also becomes China the first is being initiated establish level to introduce investor of the strategy outside the condition to believe the share-holding system commercial bank that asks means to draw natural person share with gather capital .