A Study On Asset Management Corporation

Financial assets management company is a new type of solely state-funded and non-bank financial institute, which is established for helping the state to dispose momentous inactive assets of the state-owned commercial bank.This dissertation can be divided into four chapters.The first chapter elaborates the economical background and the aim of the foundation of the financial assets management company. On the basis of it, this chapter goes on to analyze the legal attributes of the financial assets management company and the unique characteristics distinguishing it from other type of the financial institute.The second chapter introduces the typical foreign financial assets management company's regulation and summarizes their successful experiences, such as forerunner of legislation, government's dominance, strengthened surveillance and special authorization .On the basis of a comparison with it, this chapter analyses the regulation design of Chinese financial assets management company, which is characterized by combined policy's safeguard with market operation.The third chapter discusses five important legal problems related to financial assets management company, which is the vague definition of the legal attributes and policy-directed acquisition of it, the legal obstacles to the conversion from bonds to stocks, the lack of normalization of legal entity administration structure.The fourth chapter predicts the new trend of the financial assets management company, which will undergo the transition from policy-directed to commerce-directed in the end, this chapter put forward the author's suggestions.