个人征信机构独立性研究.docxVIP

个人征信机构独立性研究 杨东徐信予 中国人民大学法学院华东政法大学研究生教育学院 摘要： 2015年中国人民银行印发《关于做好个人征信业务准备工作的通知》，要求芝 麻信用管理有限公司、腾讯征信有限公司等8家机构做好个人征信业务的准备工 作，以盘活互联网企业内部的数据资源，弥补我国征信体系在个人征信领域的 欠缺。该通知发布迄今已经两年有余，但是这些机构的个人征信牌照日前仍未下 发，监管部门认为牌照发放的最大障碍在于个人征信机构股权高度集中，导致 其欠缺独立性，这引发了我国个人征信机构是否必须股权分散及其与独立性之 间关系的争论。其实，个人征信机构股权是否分散与其独立性无关，在现阶段, 股权分散反而会影响发展效率。从我国个人征信市场发展现状与促进我国个人征 信市场发展的角度考虑，应当给相关机构及早发放个人征信牌照，以实现我国 个人征信业务的跨越式发展。 关键词： 个人征信机构;股权结构;独立性；公司治理;大数据； 作者简介：杨东，屮国人民大学法学院副院长、教授，北京，100875; 作者简介：徐信予，华东政法大学研究生教育学院硕士研究生，上海，200042。 Research on the Independence of Personal Credit Bureaus Yang Dong Xu Xinyu Abstract： Notice on the Preparation of Personal Credit Business, issued by the People s Bank of China in2015, requires 8 institutions, including Sesame Credit Management Co., LtcL and Tencent Credit Information Co., Ltd., to prepare for personal credit business, so as to revitalize the internal data resources of internet companies and make up for the lack of credit information system in China. The notice has been released for more than two years, but the personal cred it card has not been issued. Regula tors say the bi gges t obs taele to 1 i cense i s the high conce nt rati on of the equity of personal credit agency which leads to the lack of independencc This raises the question of whether the individual credit agency must be divided. In fact, whether the individual credit agency s equity is distributed has nothing to do with its independence. At this stage, the decentralization of equity wi11 affect development efficiency. From the perspective of the current situation and the promotion of the dcvclopment of China s personal credit market, personal credit card should be issued to the relevant agencies as soon as possible, in order to achieve great-1eap-forward development of our personal credit business. Keyword： personal credit agency; equity structure; independence; corporate governance; big data; 随着当前互联网金融的高速发展，我国个人征信业面临着全新的挑战。自2007 年6刀中国第一家P2P平台公司拍拍贷开始运营以来，依托互联网的迅猛发展， 在原有传统持牌金融机构之外，P2P公司、消费金融公司、小额贷款公司、担保 公司等类金