金融創新之法律保護方式分析

The Analysis of Legal Protective Means for Financial Innovation

本文首先對金融創新作介紹，在確立其值得我們追求後即分別探討兩件涉及金融創新保護之實務爭議：「群益安家基金取得行政保護期」及「德意志銀行分割結構債方法」之事件背景、發展及金管會在兩事件中處置之法律性質。從此二事件可看出「如何判斷是否屬創新並予以保護」之公平性爭議；而在相關機制未明的情況下，即從行政手段上之保護，轉至智慧財產法制上探討有何保護機制，故接下來即將金融創新依商品創新、流程創新之分類，探討其在我國著作權法、營業秘密法及專利法等智慧財產法上可尋求之保護，並對保護方式作比較。最後則總結上述，提出結論與建議。

First, this paper introduces financial innovation and confirms that it is beneficial to our society and is a deserving cause for our country to pursue. Then this paper goes on to discuss two issues involving the legal protection of financial innovation in practice, namely, the 「administrative protective period of Capital Strategic Balance Fund」and the「Deutsche Bank’s stripping structured notes」. It also discusses the legal nature of the treatment by Financial Supervisory Commission (FSC) in these issues. Since there is concern about how to judge what constitutes innovation entitled to be protected by administrative means, it turns to copyright law、trade secret law and patent law to discuss the applicability of the aforementioned laws to financial innovation categorized into product and process innovation respectively, and compares the protective effectiveness of the three legal means. Finally, it concludes all the discussion and presents proposals concerning the legal protective means of financial innovation.