大型金融和市场机构中的中国墙制度——英美法系的经验与教训  

Chinese Walls in Large Financial and Market:Institutions:Experiences and Lessons from Common Law Jurisdictions

作　　者：黄辉[1] 

机构地区：[1]澳大利亚新南威尔士大学法学院

出　　处：《清华法学》2007年第1期148-159,共12页Tsinghua University Law Journal

摘　　要：现代大型金融和市场专业机构中无可避免地存在着利益冲突问题,中国墙制度是解决此问题的一个重要途径。中国墙制度旨在努力平衡商业现实与公众信心之间的冲突;基于对此衡平状态的不同把握,各国对于中国墙制度的态度也相应地有所不同。但是,目前的中国墙制度远非完美,难以有效地保护投资者利益,因此,中国墙制度的设计和加强任重道远,仍需要发展更多的补充机制和执行机制。Modern professional financial organizations have been inevitably subject to conflict of interest.The emergence of the Chinese Wall has been an innovation which has provided a convenient,if not an always successful,solution to these problems.Chinese Walls are designed to attain a balancing between commercial reality and public confidence.The attitudes towards Chinese Walls vary from country to country,depending on the level of the balancing.Experience in the relevant industries,however,has cast significant doubt on the effectiveness of Chinese Walls,suggesting that the current Chinese Walls are far from ideal and there is a need for an array of reinforcement mechanisms which have yet to be adequately developed.

关 键 词：金融 市场机制 中国墙制度 

分 类 号：F831.2[经济管理—金融学]