Summary: | 碩士 === 國立中央大學 === 財務金融學系碩士在職專班 === 94 === Abstract
The commodity of Financial Asset Securitization was still emerging product in Taiwan, but in the developed countries, for example Europe, America, Japan and so on have already activated for years, their constructions of commodity Securitization, the appraisals methods are complete, the way of sold on consignment perfectly, the domestic industry wants to induct the commodity Securitization, because the differences of the management way difference as a result of the legal overhead construction, as well as factor and so on transaction custom, had to make the suitable adjustment in the service, therefore the present paper the affiliation by the domestic CLO service was an example, the discussion domestic enterprise loan creditor's rights negotiable securities feasibility study, this article studied the goal induction as follows:
(1) Reorganize the process of Loan creditor's by domestic enterprise provides the work before the domestic financial organ thorough understanding to receive makes the enterprise loan creditor's rights negotiable securities.
(2) Provide the related information about the domestic financial organ, which wants to the Enterprise Loan's Creditor’s Rights Securitization service be engaged,
(3) Discuss every case of the possible risk about the Enterprise Loan's Creditor’s Rights Securitization, offer them to the financial organ for the reference information.
The research scope for the domestic CLO service is an example, will discuss the center of gravity to put in " the way of Credit enhance for the Enterprise Loan's Creditor’s Rights Securitization" and "the negotiable securities case Only the Creation Organization Form and Cooperation who have the outstanding trust indenture of beneficiary certificate Law terminating" and so on two important subjects.
However the theory of negotiable securities does not have differently in cause of the domestic and foreign, along with distributes local the laws and regulations system, the manners and customs, has the partial adjustment, because we have limited documents about the Enterprise Loan's Creditor’s Rights Securitization domestic, in addition the actual transaction information is the financial organ security scope much, as various cist-positions profit the negotiable securities interest rate to subscribe decide, the signature of trustee and trust between contract and the bailer and so on, therefore often is unable to obtain the financial organ to provide the information suffer to assist to make the research analysis, therefore the present paper research technique will carry on by the following way: collecting negotiable securities literature about the loan creditor's rights of domestic and foreign enterprises, financial surveillance management committee each standard, has distributed information and so on document, periodical news or network, carries on the analysis and the reorganization, collecting credit comments and so as the company the Enterprise Loan's Creditor’s Rights Securitization of memoir to, and carrying on a case to study.
The literature discusses the property negotiable securities, melts the property negotiable securities, the Enterprise Loan's Creditor’s Rights Securitization,
The negotiable securities risk. Third chapter comments and so on for the Credit enhance and Credit Evaluation, and only the Creation Organization Form and Cooperation who have the outstanding trust indenture of beneficiary certificate Law terminating. The fourth chapter discussion domestic melts the property negotiable securities commodity to send present situation. 1. “Enterprise Loan's Creditor’s Rights Securitization of industry bank of Taiwan ". 2."The department of part Taiwan of French businessman’s Credit Lyonnais’ rights negotiable securities of loan creditor are of enterprise about the negotiable securities". 3. "The Sinopac commercial bank loan creditor's enterprise rights trust the negotiable securities" the document, 4."Chinese development industry bank Enterprise Loan's Creditor’s Rights Securitization special goal beneficiary certificate". But in the conclusion and the suggestion, suggested the receivable creditor's rights negotiable securities overhead construction of, the power negotiable securities, the credit comments and so on and suggestion, the solid service the credit enhancement with study the solution, exterior enhancement and so on, and find the important information in the interrogation to supply the reference key.
Key characters: Financial Asset Securitization, Enterprise Loan's Creditor’s Rights Securitization, Credit enhance and Credit Evaluation, Only the Creation Organization Form, Cooperation who have the outstanding trust indenture of beneficiary certificate Law terminating
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