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[What are the main requirements of the "Asset Management Trust Management Measures" in terms of asset management trust investment? Response from the State Administration of Financial Supervision] On October 30, the heads of relevant departments and bureaus of the State Administration of Financial Supervision answered reporters’ questions regarding the “Asset Management Trust Management Measures”. What are the main requirements of the "Measures" in terms of asset management trust investment?
Answer: First, strictly apply method management. When a trust company uses trust funds, the legal relationship should be clear, and it should invest in real, legal and effective basic assets in accordance with the investment scope stipulated in the "Measures". The second is to clarify specific regulatory requirements for asset management trust investment securities, non-standardized debt assets, other asset management products, and related party assets. The third is to strictly manage portfolio investment. Except for a few trust products that meet specific conditions, the funds invested in the same asset/same asset management product by a single trust product shall not exceed 25% of the net assets of the trust product. The fourth is to strengthen the management of investment cooperation institutions. The qualifications and management requirements of investment cooperation institutions are clarified.
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