论版权证券化的风险隔离机制  

On the Risk Isolation of Copyright Securitization

作　　者：陶海峰[1] 

机构地区：[1]上海理工大学,上海200093

出　　处：《法学杂志》2015年第8期85-92,共8页Law Science Magazine

摘　　要：版权证券化是资产证券化在版权领域的运用,其运作流程与其他资产证券化相类似,但版权证券化中的风险隔离需要特别关注。构建版权资产池作为基础资产可以有效应对版权现金流不稳定的风险。版权的真实移转是风险隔离机制的基础,版权和版权债权转让应遵循《知识产权法》和《合同法》的规定;版权未来债权的转让并无法律规定,从比较法经验和实践需求来看,应承认版权未来债权的转让。版权证券化适宜采取信托形式构建SPV,以实现破产隔离。Copyright securitization is the copyright backed securitization.The process and structure of copyright securitization is similar to asset-backed securitization,but the risk isolation of copyright securitization is not only special but also important.The construction of asset pool of copyrightcould deal with the cash flow risk.Real transfer of copyright is the base of risk isolation andthe transfer should follow the provisions of＂intellectual property ＂ and＂Contract Law＂.The transfer of future copyright debtshould be recognized,considering the experience of comparative law and the demandsarising from practice.Trust is the appropriate wayof SPV in the practice of copyright securitization.

关 键 词：版权 证券化 版权未来债权 SPV 风险隔离 

分 类 号：D923.41[政治法律—民商法学] D922.287[政治法律—法学]