国外信用评级监管法律框架概述及启示

信用评级机构在次贷危机之后引发全球经济金融市场乃至政界高度关注,成为各国金融改革的重点对象.美国、欧盟以及日本等多个国家纷纷出台法规针对评级监管法律体系作进一步完善,全面加强对评级机构监管.我国评级行业起步较晚,由于发展阶段和市场环境等因素所限,相关监管立法仍存在诸多亟待完善之处.以评级监管立法改革领域的典型——美国、欧盟为研究对象,通过系统梳理这些国家和地区的信用评级监管法律制度框架的演变历程及现状,并对我国相关立法现状进行分析,进而对我国信用评级法律框架的搭建完善提出政策建议.

An Overview of Foreign Credit Rating Regulatory Legal Frameworks and Implications for China

Credit rating agencies have drawn great concern from the global economic ＆ financial market and the political community since the subprime mortgage crisis, and have become the focus of the world＇s financial reform. The U.S. and EU regulators have introduced laws and regulations for improving the legal system of rating so as to comprehensively strengthen the supervision of rating agencies. Since China＇ s credit rating industry started rather late and was limited to the development stage and the market environment, the relevant regulatory legislations need to be improved urgently. By systematically combing the evolution of the legal system for credit rating monitoring in the US, the European Union and other countries and regions, and by analyzing the status of the relevant legislation in China, the paper proposes some policy recommendations for building and improving the legal framework of credit rating.