完善《公司法》中公司债券规则的基本思路

在全国统一大市场政策的要求下，统一债券法制成为既定目标。基于组织法与交易法的功能分野，此次《公司法》修订应将《证券法》中的债券持有人会议和受托管理人制度移入《公司法》，以适应公司债券持有人的整体性特征，提供更为明确的组织法规范。考虑到金融市场的高效、专业以及修法成本，现阶段《公司法》中公司债券规则应强调原则性与基础性，具体规则应于行业自律规范中保持更新并经实践检验以决定未来是否引入《公司法》中。

The Basic Idea of Improving the Rules of Company Bonds in the Chinese Company Law

As required by the policy of building national unified market, the harmonization of laws of bonds has become an established legislative goal. Because of the functional distinction between Organic Law and Exchange Law, we should take the opportunity of this round of revisions of the Company Law to move the bondholders’ meeting and trustee rules from the Securities Law into the Company Law, so as to provide organic rules to fit the entirety of company bondholders, and the rules should emphasize principles and basics at this stage, taking into account the efficiency and professionalism of the financial market and the cost of revision. More specific rules are supposed to be keeping updated after practical tests in Self-regulatory Rules so as to be stipulated in the Company Law.