信托机构

First, for the historical reasons, the state-owned property trust bailee has some shortages in the registered capital, the trust business development, the trust business local lization as well as the trust investment company information disclosure, the state-owned property trust promotion is embarrassed.

此外，国有资产的管理，具有公益和公共管理的性质，虽然有银监会的监管和信托行业的自律监管，但更为有力的专业的国有资产信托的外部监管机构缺失。最后，由于国有资产信托涉及面极广，还存在着相关配套制度不完善等等问题。

"Unit investment trust" means an investment company which is organized under a trust indenture, contract of custodianship or agency, or similar instrument, does not have a board of directors, and issues only redeemable securities, each of which represents an undivided interest in a unit of specified securities.

"单位投资信托公司"是指投资公司是根据信托契约，管理人员或机构地位，或类似文书的合同组织的，没有董事会，和问题的唯一可赎回证券，每一个代表，在一个指定的证券单位的利益不可分割。

The major participants of financial activities are banks, trust and investment companies, insurance companies, secrities companies and credit cooperation banks, finance companies, investment trust companies, finacial leasing companies and those exchange centres of securities, bullions, foreign currency, etc.

从事金融活动的机构主要有银行、信托投资公司、保险公司、证券公司，还有信用合作社、财务公司、投资信托公司、金融租赁公司以及证券、金银、外汇交易所等。

Emerging competition between TICs and banks, and first signs of the erosion of the Credit plan, led to the first of the clampdowns on TICs of the reform period, and in the consolidation of 1982, non- financial institutions were forbidden to set up TICs, and only banks were permitted to enter this business.

当信托和银行产生竞争的时候，信贷计划就不能较好的实施，这就导致了1982年中国信托投资公司的第一次改革，非银行金融机构被禁止设立信托部门，只有银行被允许进入这一领域。

Article 30 During the intervals of paying the proceeds of the entrusted property to the investment institutions, a fund depositary institution may only invest, in a way stipulated in the contract and upon the order of the trustee, the proceeds of the entrusted property in such products that have good liquidity and are readily encashed as the treasury bonds, policy financial institutions bonds or other financial products allowed by the People's Bank of China.

第三十条在向投资机构支付信托财产收益的间隔期内，资金保管机构只能按照合同约定的方式和受托机构指令，将信托财产收益投资于流动性好、变现能力强的国债、政策性金融债及中国人民银行允许投资的其他金融产品。

At the first stage, trust institution can help management group plan how to implement MBO due to the function of producing information and managing risk.

具体的做法是，管理层无须设立壳公司而是通过委托信托机构代表管理层实施对目标公司的收购，这样可以规避&对外投资不能超过本公司净资产的50％&的法律限制。

The writer considers trust institution risks to be the uncertainty of financial lost facing the main body of trust institutions in managements.

信托业是金融业四大支柱之一，信托机构风险作为金融风险的重要组成部分，对国家经济安全具有重要影响。

Article 3 The asset-backed securities shall be issued a the trustee of a special purpose trust, representing the beneficiary shares of the special purpose trust.

第三条 资产支持证券由特定目的信托受托机构发行，代表特定目的信托的信托受益权份额。

However, a reporter from the analysis of institutions in the same statistical information observed, In the first quarter of this year only 13 teams nationwide real estate trust products coming to market, and less than seven teams last year, is the largest investment by 100 Swiss issued Zhengzhou City Land Trust reserve center plan for the scale of 300 million yuan of funds.

然而，记者在同样来自该分析机构的统计信息中观察到，今年第一季度全国仅有13支房地产信托产品面市，比去年少了7支，规模最大的是由百瑞投资发行的郑州城区土地储备中心信托计划，资金规模为3亿元。

Just over a decade later in 1928, The Economist , writing of Swedish Match, noted:"It is curious that of the great international trusts in the industrial world there is none more firmly established than the colossus that has been built on matchsticks."

恰好在10年之后的1928年，《经济学家》在写到瑞典火柴时，指出&在工业化的世界里，所有大型的国际信托机构竟然都比不上建立在火柴的庞大信心，这真是一件奇怪的事情。&

What are your goals and strategies for growth?

你的成长目标和策略是什么？

And unto the angel of the church in Sardis write; These things saith he that hath the seven irits of God, and the seven star I know thy works, that thou hast a name that thou livest, and art dead.

3：1 你要写信给撒狄教会的使者，说，那有神的七灵和七星的，说，我知道你的行为，按名你是活的，其实是死的。