摘要
证券法域外适用是指本国司法机关和行政机关将证券法律规范适用于本国领土边界之外的人、物和行为。证券法融合公法和私法属性,以社会利益为本位,各国对证券法域外适用的接受度较高。我国新近修订的《证券法》构建起中国证券法域外适用法律制度,但现有效果标准过于宽泛、市场准入规则零散且不成体系、保障实施机制不够健全、导致证券法域外适用法律制度未充分发挥应有功效。我国应坚持合法性和合理性原则,科学借鉴美国、欧盟相关领域经验,从优化效果标准、改进市场准入规则、健全实施机制三方面完善中国证券法域外适用法律制度。
Extraterritoriality of securities law is the application of a state’s securities laws to person,object or conduct outside its territorial borders.Securities law,combined with the character of private law and public law,takes social benefits as the standard.Comparing with the extraterritorial application of traditional public law,the extraterritorial application of securities law is widely accepted by countries at a higher level.The newly revised Securities Law establishes the rules of extraterritorial application.The existing effect-test of extraterritorial application of China securities law is over-generalized,the rule of market access is relatively simple,and the implementation mechanism is not perfectly completed.For the reasons given above,the legal system of extraterritorial application of China securities law is far from playing its role.Hence,it is necessary to adhere to doctrines of legality and reasonableness and learn from the extraterritorial experiences,improve the legal system of extraterritorial application of China securities law from optimizing effect test,improving rule of market access and further implementation mechanisms.
出处
《武大国际法评论》
2025年第2期52-69,共18页
Wuhan University International Law Review
基金
国家社科基金重大项目“国际私法视域下中国法域外适用的制度构建研究”(20&ZD202)资助的中期成果之一。
关键词
证券法域外适用
效果标准
市场准入规则
法律实施机制
extraterritorial application of securities law
effect-test
rule of market access
legal implementation mechanism
