【正文】 may have different rules for perfection根據(jù)權(quán)限，不同的抵押物有不同的完善規(guī)則 ? Perfection upon attachment alone單獨(dú)附加的完善 ? Temporary perfection in certain collateral特定抵押物的暫時完善 ? Perfection by pledge or possessory security interest通過抵押或擁有擔(dān)保利益來完善 ? Perfection by filing (registration)歸檔（登記）完善 ? Perfection where filing is required under a special law特定法律規(guī)定需要通過歸檔來完善 ? Perfection by public notice (example: news paper advertisement)通過公告來完善（例：報紙廣告） *Based on: Law in a Nutshell: Secured transactions, Richard B. Hagedorn, Thomson West, 2023, p123 6. Collateral Management 抵押品管理 Collateral Management 抵押品管理 ? Collateral Management抵押品管理 ? Collateral management includes two risk management concepts: 抵押品管理包括兩項風(fēng)險管理概念 ? (1) Collateral management for credit risk management信貸風(fēng)險管理的抵押品管理 ? (2) Safeguarding the enforceability強(qiáng)制行使權(quán)的保護(hù) Collateral Management 抵押品管理 Collateral Management for CRM 抵押品管理 Safeguarding the Enforceability 保護(hù)強(qiáng)制行使權(quán) Safe Custody/ Collateral Book 保管 /抵押品登記冊 Credit File 信貸檔案 ? Record Keeping檔案記錄 ? Revaluation/Reappraisal against credit exposure 根據(jù)信用風(fēng)險再評估 /再評價 ? Numbering/Tagging編號 /標(biāo)簽 ? Maturity Management到期管理 ? Renewal of security interest 更新?lián)＠? ? Periodical check of inventory 定期實(shí)物檢查 Credit File信用檔案 I ? Record Keeping檔案管理 ? Appraiser’s name, the effective date of the evaluation, and signature and address (when the evaluation is outsourced)鑒定人名稱，評估的有效日期，千字和地址（當(dāng)評估是由外部人員完成的） ? Description of the collateral抵押品描述 ? Real estate: ownership, location, shape, condition, developments, pictures, maps, neighborhood, usage, a copy of construction approval, attached easement, ：所有者，位置，形狀，環(huán)境，發(fā)展?fàn)顩r，照片，地圖，附近情況，用途，建筑批準(zhǔn)書復(fù)印件，附屬物，等 ? Goods: location of the goods, quantity, species/variety, measure/weight, value per unit, quality, condition, schedule 商品：物品所在地，數(shù)量，種類 /品種，尺寸 /重量，單價，質(zhì)量，情況，時間表 ? Intangibles: pledgor, amount, quantity, third party obligor, attached security interest, ：抵押人，金額，數(shù)量，第三方債務(wù)人，附加擔(dān)保利益，等 ? Description of the evaluation method employed對所用評估方法的描述 ? Description of the source information used in the evaluation評估中信息來源的描述 ? An estimated value of the collateral and the opinion of the loan officer on the evaluation抵押品的估計價值，以及貸款主管的對評估的意見 Source: Interagency Appraisal and Evaluation Guidelines, FDIC, 1994 Credit File信用檔案 II ? Reappraisal重新評估 ? Collateral should be regularly revalued depending on the collateral ? Collateral value should be constantly monitored against credit ? Frequency of reappraisal depends on the market condition重新評估的頻率應(yīng)該根據(jù)市場情況決定 ? Real estate (revaluation): every 6 months or 12 months 房地產(chǎn)（重新評估）：每 6或 12個月 ? Real estate (onsite survey): every month or 3 months 房地產(chǎn)（實(shí)地調(diào)查）：每 1或 3個月 ? Farm product: every week or month depending on the market 農(nóng)產(chǎn)品：根據(jù)市場情況每周或月 ? Inventory: depending on the market 存貨：根據(jù)市場 ? Mobile vehicle: every 3 month or 6 month 機(jī)動車：每 3或 6個月 ? Intangibles: daily basis if marktomarket is required (depending on the type of transaction) 無形資產(chǎn)：如果必須按市價調(diào)整，則每天進(jìn)行（根據(jù)業(yè)務(wù)種類） Credit File: Example信用檔案：舉例 Type of loan 貸款種類 Original amount or credit line金額 /信用額度 Loan proceeds outstanding 剩余借款 Loan credit outstanding 剩余信用額度 Type of collateral 抵押品種類 Original Collateral Evaluation 出示抵押品評估 Latest Collateral Evaluation 最近抵押品評估 Haircut折扣 Collateral Value 抵押品價值 Term loan A Term loan B Revolving line循環(huán)貸款額度 50 120 30 10 95 0 10 95 30 Land土地 Building建筑物 Receivable應(yīng)收款 Public Guarantee公共擔(dān)保 Time deposits定期存款 110 50 40 10 90 40 40 10 12 40 100 25 0 0 54 0 30 10 12 Total 105 (A)135 Total (B)106 Unsecured Balance 不安全余額 (A)(B) 29 Borrower: ABC Trading Co. Internal Credit Score: 4B External: n/a As of: Mar 08 借款方： ABC貿(mào)易公司， 內(nèi)部編號： 4B，外部：不適用，日期： 3月 8日 Thousand $ ? After evaluation of land and building the following credit/collateral balance table is updated. How do you interpret the table and what should be done?在評估了土地和建筑物之后，更新貸款 /擔(dān)保余額表，你怎樣理解這張表和需要做什么 Safe Custody/Collateral Book I 保管 /抵押品登記冊 ? Safe Custody保管 ? In order to safeguard and protect the enforceability of security interest, (1) collateral agreement and (2) pledged goods and documents should be put in a safe 強(qiáng)制行使權(quán)，必須安全保管 (1)擔(dān)保合同 (2)抵押品和文件 ? Collateral agreement (together with other relevant legal documents, record of registry, fire insurance policy for collateralized buildings*, etc.) may be kept in order by borrower name擔(dān)保合同（和其他相關(guān)法律文件，登記檔案，擔(dān)保建筑物的火災(zāi)保險書）可以按照借款方名字有序保管 ? Pledged goods and documents may be kept by type抵押品和文件按種類保管 ? Collaterals for which limitation period or maturity date is critical should be kept in order by such 照日期排放 ? Limited access to the safe custody應(yīng)該限制人員接近保管場所 ? Protection from natural disaster避免自然災(zāi)害 Note: Fire insurance policy for collateralized building may be kept separately in order by expiration date because of the importance of the expiration date management. 注意：擔(dān)保建筑物的火災(zāi)保險書應(yīng)該按照期滿日單獨(dú)排列，因?yàn)楣芾肀ｋU到期日很重要。 ? Application of Proceeds獲得款項的使用 a) The expenses of retaking and disposing of the collateral, and attorney’s fee and legal expenses (if a country’s law allows)取回和處置抵押品的費(fèi)用，律師費(fèi)和法律費(fèi)（如果該國法律允許） b) The debt owed the secured party, including principal, interest or finance charges, and other lawful unpaid c