論 文 摘 要 本論文之研究主題為「台灣中國牆制度之法律佈局」,透過比較法的研究方式,解析台灣與英美法上的中國牆制度的差異之所在,同時一併檢討我國法上關於中國牆制度之法律現況,以裨提供未來我國修法時制度調整之參考。 本論文之整體架構共分作六章,滋予以簡介如下: 第一章說明本論文之研究動機、方法、限制與研究範圍。 第二章則針對商業銀行進行跨業經營後,無論是以綜合銀行模式或金融控股公司之架構從事於多角化之經營,所可能涉及的「利益衝突」之重要金融監理問題提出探討,並從主管機關之立場,思考如何在相關監理法制予以因應,以防範此等金融弊端的發生。 第三章則是對於中國牆制度所欲規範的現象 --- 「利益衝突」之定義、產生原因及可能的態樣予以說明,並論證中國牆制度乃是解決此一金融監理上十分棘手之難題的最佳手段。 第四章則是介紹英美法上的中國牆制度,透過英美法院判決、法律條文之規定、美國證管會與英國證券投資委員會所發布的新聞稿、行政函令等規範,勾勒出美法上中國牆制度之法律佈局。 第五章則是採用比較法的方式去界定出台灣法與美國法上的中國牆制度差異之所在,他山之石可以攻錯,藉由台美兩國法制的比較,可以提供我國在此一部分規範上未來修法時的參考。 第六章則為結論,整合前五章之內容並提出若干建議,希冀能夠對於我國中國牆制度的法制建構有所裨益。
Abstract This research mainly focuses on the regulatory scheme of the Chinese Wall in Taiwan. It analyzes the regulations by comparing the differences between Taiwan and U.S. and U.K. as revision in the future.This research examines the present Chinese Wall regulatory structure in Taiwan, so as to furnish a tentive peoposition for further improvement. The scheme of the research comprises six parts as follows: Part I illustrates the motivation, methods, limitations and realm of this paper. Part II probes regulatory issue on “conflicts of interest” that resulted from commercial banks’ diversified operation by the “universal banking” mode or the “financial holding company”, and proposes the Chinese Wall regulatory structure to avoid the potential financial improprieties. Part III lays stress on definition、causes and modes of “conflicts of interest”,and to prove that the Chinese Wall regulatory structure is the best policy to resolving the regulatory dilemma. Part IV analyzes the regulatory scheme of the Chinese Wall regulatory structure in U.S. and U.K. as the court’s holdings、laws、releases、and regulations promulgated by the SEC and SIB. Part V discuss the contrast between the U.S. and Taiwan’s regulations of the Chinese Wall regulatory structure in order to have a panorama view of the current laws. Part VI concludes issues and propositions of this research and tentatively contours prospects of establishing Taiwan’s regulatory scheme of the Chinese Wall regulatory structure.