B · Normal
[Expansion of participation scope of new floating rate funds] On October 10, reporters learned from the industry that the regulatory authorities recently issued an institutional supervision notice to optimize the registration arrangements for new model floating rate products, and in accordance with the principle of "classified supervision and steady advancement", the scope of participating institutions will be expanded to medium-sized fund managers with the largest management scale of active equity funds. After the adjustment, differentiated reporting arrangements will be implemented according to the type of fund managers: first, the number of new model floating rate products issued by leading fund managers shall, in principle, be no less than 60% of the number of actively managed equity funds issued, continuing the previous pilot requirements; second, for newly included medium-sized fund managers, in principle, no less than 30%; third, small and medium-sized fund managers shall be supported to actively deploy new model floating rate products based on their own actual conditions. (Reporter Wu Yuqi)
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