Personal threshold 1 million fund "one-to-many" business opening

The fund "one-to-one" personal finance experience for "a one-to-many" of the opening laid the foundation.　　May 12, the China Securities Regulatory Commission issued "on the fund management companies to carry out a specific number of asset management business related issues" (hereinafter referred to as the "provisions"), the fund company to carry out "one-to-many" business, and the threshold of investors set up, financial products standards made detailed requirements. For example, the threshold for investors to participate in a single financial plan is 1 million, and the number of clients in a single asset management plan cannot exceed 200, and the initial assets of the client's delegation must not be less than 50 million yuan.　　At the same time strictly prohibit the public sales of assets management plan.　　In addition, the provisions of the business in the process of how to effectively prevent the transfer of benefits and fair treatment of the different assets managed by the request. "High standards, stable start" principle "fund management company to carry out ' a one-to-many ' business management, is in ' one-to-one ' financial management business pilot based on the promulgation of the provisions, embodies a high standard, stable start of the pilot principle.　　The head of the relevant department of China Securities Regulatory Commission said. Under this principle, the regulation has set a threshold for investors who participate in "a One-to-many" special account, that is, the initial amount of a single asset management plan is not less than 1 million yuan, and if the natural person, legal person who can identify, judge and bear the corresponding investment risk　　An organization established by law or other specific customer approved by the CSRC. "During the consultation stage, some people raised the problem of this threshold, finally taking into account the beginning of the business to be smooth, determined 1 million of this indicator, the future implementation process may be further adjusted."　　"said the head of the relevant department of the China Securities Regulatory Commission. The provisions also set out the conditions for the establishment of an asset management plan, that is, the number of clients in a single asset plan shall not exceed 200, and the initial assets entrusted by the client shall not be less than 50 million yuan. At the same time, the asset management plan should be set to equal share.　　Unless otherwise stipulated in the asset management contract, each share of the plan shall have the same legal rights and interests.　　The person in charge said that the limit of the number of people to do is to distinguish between the public offering fund, while reflecting its characteristics of service for specific investors, although it is "One-to-many", but its nature is still private placement.　　The asset management plan sells the way also to have the clear, "the stipulation" request, the fund management company may sell by itself, may also entrust has the fund Sale qualifications Agency sale. It is noteworthy that the regulations also require that fund management companies and agency sales agencies not to sell asset management plans through the press, television, radio, internet (except fund management companies, proxy sales agencies ' websites) and other public media, or by means of false promises of proceeds or losses, or by fraudulent propaganda　　Forecast revenue and commercial bribery and other improper means of sales asset management plan.　　With regard to open participation and withdrawal frequencies, the regulation clearly stated that the asset management plan would be open at most once a year to participate in and exit the planned share. Prevention of benefit delivery in fact, since the fund company launched a "pairA "pilot, the diversification of asset management business process, how to effectively prevent the transfer of benefits and fair treatment of different assets, is a matter of great concern to the community."　　The provisions of this special request, that is, in addition to the fund company to comply with the "Securities Investment fund Management company's Fair trade system Guidance" and other series of provisions, but also to follow the principle of voluntary, fair, honest, normative, fair treatment of the different assets managed, prohibit all forms of interest delivery.　　At the same time, the fund company is required to establish internal control, compliance management and abnormal trading routine monitoring system, standardize the investment managers and other related staff business behavior, to prevent and resolve the multi-customer asset management business in the course of the development of various risks, and protect the legitimate rights and interests of all parties concerned.　　In fact, in the pilot scheme for the management of specific assets of the fund management company in 2008, special emphasis was placed on the independence of investment managers, such as requiring the investment managers to strictly separate the office areas of the fund managers of the public offering and the inability of the investment managers and fund managers to act concurrently. "In the follow-up supervision, we will strictly monitor, to prevent the transfer of benefits." In the future, we should strictly enforce the law in order to find the transfer of benefits.　　The official said.　　In his view, the newly revised Criminal Law stipulates the behavior of rat storehouse and the transfer of interest, in order to ensure that the fund company provides a favorable legal guarantee for the fair treatment of different assets managed in "a one-to-many" financial business, and also has a certain deterrent force. "Fund management companies to carry out a more than a professional financial services, it can play its advantages in product innovation, investment and research team, internal control and so on to improve the fund company's asset management business types, at the same time to meet the different financial services needs of investors, and promote the public offering fund business and special Household financial management business mutual coordinated development. The official said.