借鉴国外经验理性探索非银行信息采集途径

本文比较了美国、欧洲和日本等国家非银行信息的采集情况,对我国非银行信息采集面临的法律障碍、范围过广以及具体采集模式等问题提出了相应的建议。     

征信异议与投诉重灾区解析

部分消费金融机构采取与商业银行合作的方式"曲线接入",将其业务通过商业银行上报到央行征信系统。因这种模式以及消费金融机构自身均存在诸多问题,产生大量与之相关的征信异议和投诉。建议监管部门完善相关法律框架、规范消费金融机构征信业务、推进异地征信异议与投诉核查协调机制、加强金融知识普及教育。     

做好基层征信工作的几点建议

（一）加快征信立法的步伐．为信用信息征集创造良好的外部条件和社会环境。征信法律制度的建立必须适应我国的国情．既要处理好征信法律制度在整个法律体系中的位置,也要处理好有关法律规定之间的协调,既要建立健全征信管理专项的部门法规．也要关注政府部门相关法律部门之间的协调．做到下位法遵从上位法,部门规章遵从于征信基本法,相同法律部门间相互协调．相互配合。     

个人征信体系：填充法规“空白点”

我国征信立法中至今仍有许多问题尚未形成统一的认识,尤其是个人征信体系立法问题还存在着很大的争议。因此,必须从理论上对这一问题展开深入的探讨,消除分歧,形成共识,化解我国个人征信立法的障碍。     

征信标准在基层央行实施中的问题及建议

征信标准化建设在我国尚处起步阶段,有较强的专业性.征信标准在实施过程中存在标准数量不足、质量偏低、数据接口标准缺失等问题.为推动并完善征信标准化建设,要加快征信标准体系构建步伐,系统、前瞻性地推动标准化工作;要加大征信标准实施应用力度,充分发挥征信标准与信息共享的相互促进作用:要加强与相关职能部门的沟通与协调,积极推动...     

基层人民银行征信投诉受理中存在的问题及对策建议

现阶段,为满足社会公众对征信产品和征信服务的需求,人民银行金融信用信息基础数据库(以下称征信系统)不断改进升级,信息涵盖范围持续扩大、应用领域不断增加,伴随着征信市场健康快速发展,社会公众的征信维权意识日益提高,征信投诉作为重要的维权方式,人民银行受理征信投诉的数量呈逐年上升态势。尽管2013年3月15日《征信业管理条例》赋予国务院征信业监督管理部门(中国人民银行)及其分支机构受理征信相关投诉的职责,同时也对业务行为作出明确规范,但实践中,存在征信投诉种类多元化、诉求复杂化、涉法专业性强、协调处理难度加大等问题,基层人民银行在征信履职过程中面临艰巨挑战。     

征信缓解中小企业融资难问题的研究

中小企业无论数量还是经济贡献度都远超大型企业,但中小企业发展面临着诸多障碍,其中资金短缺问题尤为突出。本文尝试从信息不对称角度对中小企业融资难现象进行分析,并探索以征信方式缓解中小企业融资难问题。     

对咸阳辖区个人征信异议处理工作的调查与思考

随着经济社会的不断发展，信用报告已成为各银行贷款决策的重要参考依据和贷后风险跟踪管理的重要信息来源．个人信用报告中存在的异议问题也越来越受到重视。本文在对个人信用报告异议处理中存在问题进行分析的基础上．提出了完善个人信用报告异议处理工作的具体建议。     

论个人征信信息的法律适用

个人征信信息的法律适用,主要探讨数据采集、数据使用、提供数据合理的保存和使用时限、合理的数据质量保证制度、科学的数据安全保障制度等范畴均纳入到法律规制的范围.本文立足个人征信信息的关联性和相时性等特征,具体分析个人数据采集和隐私权保护等法律制度的冲突和协调,探讨个人征信信息适用中的合法与不合法情形.     

互联网征信的意义、问题及商业银行的对策

互联网征信拓宽了信用评级的技术渠道,丰富了其数据来源和经营主体,能够对个人失信行为进行有效约束. 但也存在明显的问题,如数据质量有待提高,互联网征信模型的可靠性有待检验,征信主体之间的恶性竞争可能恶化征信质量,金融机构直接采用互联网公司的征信产品还存在障碍等. 商业银行需要采取相应的措施:加快推出自营性征信产品;加强大数据战略,优化征信模式;加强与互联网企业的战略合作;拓宽征信产品的应用场景.     

Inequality in Mortality in Spain*

We analyse the evolution of mortality rates in Spain by age and gender between 1990 and 2018. We compare municipalities, ranked by socio‐economic status (SES) and grouped into bins of similar population size, to study changes not only in levels but also in inequality in mortality across the SES spectrum. We document large decreases in mortality rates throughout the period for all age groups, including children, even after 2000, and continuing after the Great Recession. These declines are stronger for boys and men, who had higher mortality rates to begin with. We find that inequality in mortality across municipalities was low among the young by 2018, while it was higher among adult men and older women. Inequality in fact increased over the period for older men. We explore the role of different causes of death and find that this increase in inequality is driven by stronger improvements in cancer‐related mortality among men living in richer areas. These improvements are not found among women, given their increases in mortality due to lung cancer.     

美国公司反收购战中毒丸计划的法律分析

公司反收购是现代公司控制权争夺过程中的必然现象，虽然有争议，但如果给予必要的法律约束，它对解决优化资源配置问题有巨大的促进作用。反收购措施起源于美国，美国历史上围绕收购与反收购的案例构成了美国反收购立法的重要组成部分。美国反收购实践展示了多种可能性，其中引人注目的是股东权利计划，又称“毒丸计划”，它已为我国的盛大网络公司对新浪公司的收购所采用，但在法理上股东权利计划并没有得到很好的研究和解释。本文主要针对美国公司反收购实践中的毒丸计划进行研究，从而论证毒丸计划在法律上的有效性。     

Persistence in Equity Fund Performance in Brazil

We examine performance persistence in the large and growing Brazilian equity fund market from 2000 to 2012. We find a significant risk-adjusted spread between a portfolio of top- and bottom-performing funds, which supports the idea that performance persists. This spread remains after controlling for market, size, distress, and momentum risk factors and tends to be larger and more significant for a set of small and retail funds. The spread is mostly driven by the underperformance of the bottom decile of funds, which is consistent with the existence of some fund managers with insufficient skills to recover investment costs.     

Role of banks in financial inclusion in India

Financial inclusion is emerging as a new paradigm of economic growth that plays major role in driving away the poverty from the country. It refers to delivery of banking services to masses including privileged and disadvantaged people at an affordable terms and conditions. Financial inclusion is important priority of the country in terms of economic growth and advanceness of society. It enables to reduce the gap between rich and poor population. In the current scenario financial institutions are the robust pillars of progress, economic growth and development of the economy. The present study aims to examine the impact of financial inclusion on growth of the economy over a period of seven years. Secondary data is used which has been analyzed by multiple regression model as a main statistical tool. Results of the study found positive and significant impact of number of bank branch and Credit deposit ratio on GDP of the country, whereas an insignificant impact has been observed in case of ATMs growth on Indian GDP.     

Technologies in Finland in 2020 valued by ZEF-tool

In Northern Finland, information and communication technology, biotechnology, environmental technology and wellness technology have been subjects of special interest in recent times. These technologies are believed to create competence and bring welfare to the area. The aim of this study was to produce possible, probable and desirable pictures of the future for discussion and debate, and for use in strategic processes in different organisations. The idea was to explore the future based on experts’ opinions. The article discusses not only the technologies the experts saw as attractive and credible but also the issues they believed to be directing the development of the technologies in question.     

Learning in Public Organizations in 2010

The theme of this article is the future of learning in public organizations. It outlines a way of thinking that might underpin learning, and argues that, by the year 2010, public organizations could develop a radical approach to organizational learning that would make the concept more meaningful in their everyday practice. This approach is based on various shifts in the ways in which management is thought about and enacted. These changes are a movement away from the idea of 'the public manager' to a more relational notion: 'management in public'. The author explains what 'management in public' means, and discusses how it can be put into practice in order to transform learning in public organizations.     

Discounts in Placing Pre-renounced Shares in Rights Issues

Abstract:  The paper presents evidence from UK rights issues on the discounts at which large blocks of new shares plus rights are sold. The shares are renounced by the shareholders entitled to them and placed with passive investors at substantial discounts of around 8% to the expected ex-rights midpoint price of the existing shares. Tests indicate that the discounts arise because of uncertainty about issuer value and inelastic demand for the shares rather than because the issuing companies are overvalued. The finding that selling renounced shares is costly removes an apparent advantage of rights issues compared with open offers and private placings.     

Development in medical underwriting in Germany

Life insurance companies generate profits primarily with life insurance and disability protection. Individual risk assessment serves to avoid adverse selection. The assessment of medical risks is based generally on the classification requirements of the reinsurance companies. For this reason the reinsurers provide the primary insurance companies with classification manuals. The manuals from the reinsurers differ only slightly. By means of three examples (heart diseases, cancer and HIV) the development for the last 30 years of underwriting in medical risks is explained in this article.     

3月并购:正常水平

并购是融资的一个重要途径,为了让读者了解国内外的并购形势,《国际融资》杂志和全球并购中心(并购公会)联合推出并购月数据报告,供读者参考     

Including commodity futures in asset allocation in China

In this paper, we investigate the role of eight commodity futures in asset allocation in China during the period January 2004–December 2015. The Chinese commodities and stocks are moderately correlated. We use quantile regressions based on a value-at-risk model to examine the relation between these two markets. We find no risk spillovers between the markets, suggesting that stocks and commodities in China are exposed to different risks. Using different asset allocation strategies, we show that including soymeal and soybeans in the Chinese stock index can offer some diversification gains. However, other Chinese commodities may not be useful for portfolio diversification.