证券信用评级

我国证券信用评级行业发展滞后，缺乏国际竞争力。

In China , the securities credit rating industry is lagging and still lack international competitiveness .

在借鉴美国证券信用评级民事法律责任的基础上，着重论述证券信用评级对第三人的民事责任。

With the reference of the American securities credit rating civil responsibility , the author focuses on its civil responsibility for the third party .

实证结果对证券信用评级参考指标有些启示。

The empirical result is a revelation to the security credit ratings .

关于证券信用评级贷款组合中违约传染的机理研究

On the Default Contagion on Loan Portfolio

第二，信用增级是为提升资产证券信用评级而采用的技术手段。

The second one : Credit enhancing is a technical measure to enhance the credit evaluation of asset securities .

笔者认为在我国应制定统一的证券信用评级法，整合现行法律法规对证券信用评级的规定。

The author thinks that it is necessary to readjust the current law and regulation for the securities credit rating and set up a unitive one .

虽然国情和历史文化传统的差异决定了各国证券信用评级的具体制度和操作有一些不同，但是其基本原理在本质上是相通的。

Though the system is different by virtue of the divergence of the national condition and historical tradition , its basic theory is the same substantially .

证券信用评级产品具有公共物品的属性，但是却由通常采用公司制的市场主体的信用评级机构承担评级产品的供给。

Securities credit rating products have the properties of public goods , but they are supplied by those credit rating agencies that commonly adopted corporate market players .

在市场经济条件下，证券信用评级的本质是对资本市场债务人债务偿还可能性和意愿的一种测度。

In the market economy , the nature of the securities credit rating is a measure of the possibility and willingness of debt refunding of the capital market debtor .

在此基础上，本章提出建立我国证券信用评级政府监管与行业自律并重的监管体制，并构想了实现路径。

Based on it , the author proposed a securities credit rating supervision system which puts equal importance on both the government regulation and self-discipline , at meantime , draws its realization .

以美国、欧盟为代表的市场经济发达国家或经济体都把加强证券信用评级监管作为金融监管改革的重要内容。

The United States and the European Union are the representatives of developed countries or regions which have strengthen the supervision of securities credit rating as an important part of financial regulatory reform .

目前，我国一行三会政府主导型证券信用评级监管体制基本建成，行业自律的作用也已经显现。

At present , Chinese " One industry and three association " - type government-based credit rating securities regulatory system has basically completed , and industry associations have taken effect in securities credit rating supervision .

第三章重点阐述了我国证券信用评级行业的发展及其特点、证券信用评级监管立法过程及其特点、法律法规的主要内容及其存在的问题。

Chapter III mainly forces on illustrating the development and the characteristics of domestic securities credit rating industry , the process of supervision legislation and its characteristics , the main contents of laws and regulations and its problems .

我国与欧盟虽同为政府主导型证券信用评级监管体制，但欧盟对行业自律的忽视以及这一体制对证券信用评级行业发展的影响，值得我们深思。

Research shows that , although our country and the European Union have the same government-based securities credit rating of regulatory system , the neglect of European Union to the self-discipline and the influence to the development of securities credit rating industry are worth reflection .

整个不良资产证券化的信用评级是以现金结构分析为核心的，它包括资产池分析和现金流分析。

The core of credit rating in NPLS is the analysis of cash structure , which includes asset pool analysis and cash flow analysis .

本章通过对美欧的信用评级监管制度分析，为我国资产支持证券市场的信用评级机构监管提供借鉴。

This chapter did the research of the monitoring system of credit rating analysis in USA and Europe and put forward a reference to our asset-backed securities market supervision of credit rating agencies .

规定银行及机构投资者可持有以及持有多少固定收益证券的法规条例依赖于相应证券的信用评级。

Rules governing the fixed income securities that banks and institutional investors can hold , and in what amounts , rely on credit ratings .