证券领域行政执法与刑事司法的衔接问题研究

在我国,证券领域行政执法与刑事司法的衔接并不畅顺,大部分符合刑事追诉标准的案件仅被处以行政处罚,造成违法成本的低廉。其原因是多方面的,包括刑事与行政证明标准的差异,证据转换的困难,专业知识上的阻隔,以及监督的缺位等。建议通过推定方式转移公诉机关指控特殊类型证券犯罪的部分举证责任,减轻公诉机关的举证负担;根据不同证据的特点,完善行刑衔接证据转换规则;加强证券监管机构与公安机关、检察机关的沟通协调,建立信息共享及工作交流机制;增强规范执行力,确立有效的案件移送监督制度。

The Link Between the Administrative Enforcement and Criminal Justice in the Securities Field

In China,the cost of illegal acts in securities market is low,because most of the cases accordant with the standard of public prosecution were only punished through the way of administrative penalty.The reasons include: the difference between the criminal proof standard and administrative proof standard,the difficulty of evidence transformation,the barrier of professional knowledge,and the lack of supervision.We suggest that the burden of proof of the public prosecution organizations should be alleviated;the regulation of evidence transformation should be established according to their characteristics;the mechanism of information sharing and communicating at work among securities regulators,public security and public prosecution should be set up,and the effective system of supervision and transform should be established.