CSRC của Trung Quốc sẽ siết chặt các nhà quản lý quỹ tư nhân không tuân thủ

The China Securities Regulatory Commission (CSRC) spokesperson responded to reporters' questions regarding the "Guiding Opinions of the General Office of the State Council on Strengthening Supervision, Preventing Risks, and Promoting High-Quality Development of Private Investment Funds" on June 5 (UTC+8). Safely manage risks, resolutely eliminate all private fund managers that fail to meet requirements, and adopt multiple measures to prevent other institutions from engaging in illegal or non-compliant activities under the guise of private funds. Enhance information sharing and situation notifications, improve risk assessment, refine the division of responsibilities between central and local authorities in resolving and handling private fund risks, strengthen collaboration, and leverage combined efforts to promote standardized development. Urge private fund managers to improve internal control and risk management systems to promote standardized operations. Strengthen industry self-regulation and actively leverage the market-based supervisory and constraint roles of intermediary service institutions. Create a favorable environment for private equity funds and venture capital funds to implement national strategies, and guide private securities funds to embrace long-term investment and value investment principles. The CSRC attaches great importance to private fund supervision and has continuously intensified efforts to crack down on illegal and non-compliant activities. From 2023 to the first quarter of 2026, administrative regulatory measures were taken against 1,805 private fund managers and related parties, administrative penalties were imposed on 97 private fund managers and related parties, and 86 suspected criminal leads were referred to public security organs. The Asset Management Association of China has revoked the registration of 5,444 private fund managers. Strengthening supervision and preventing risks are not ends in themselves but means to ultimately promote high-quality industry development. Enhancing supervision of private funds helps promptly remove bad actors, prevent bad money from driving out good money, and create a favorable environment for standardized development of the private fund industry. It also helps urge private fund managers to fully fulfill their fiduciary duties, protect investors’ legitimate rights and interests, maintain investor confidence, and lay a solid foundation for the long-term standardized development of the private fund industry. (Jinshi) (Source: ODAILY)