If the collective trust plan is promoted in different places, it must first be approved by the banking regulatory bureau at the place of registration to handle the trust business of collective funds in different places, and report to the banking regulatory bureau at the place of promotion and the banking regulatory bureau at the place of registration before the promotion in different places. Each collective trust plan can only be promoted within the jurisdiction of the banking regulatory bureau where the trust and investment company is registered (cities are not limited) and two cities within the jurisdiction of another banking regulatory bureau at most, and accept fund trust contracts promoted in different places. The amount of each contract shall not be less than RMB1000000 yuan (including RMB1000000 yuan), and the institutional client shall also issue a certificate that its investment in the collective trust plan does not exceed 20% of its net assets, and the natural person client shall also issue a certificate that his personal stable annual income is not less than RMB100000 yuan. At any time, no more than two collective trust plans are promoted by trust and investment companies in different places. A trust and investment company shall, within 5 working days after the launch of the collective trust plan, submit a formal report on the launch and acceptance of funds to the banking regulatory bureau at the place of registration and the banking regulatory bureau at the place of launch.
Off-site promotion refers to the act of a trust and investment company in other cities outside the jurisdiction of the banking regulatory bureau where it is registered, personally or by entrusting other financial institutions to distribute the promotion materials of the collective trust plan to potential customers (or conduct oral publicity) and accept fund custody.
Trust and investment companies shall open a trust property account for each trust plan in accordance with the principle of setting up a bank account for each trust plan when handling the trust business of pooled funds; If it is promoted in different places, a temporary bank account shall be opened for the trust plan at the promotion place, and the trust funds shall be transferred to the special trust account of the trust plan at the expiration of the promotion period.
Fifteen, the trust and investment company to apply for the qualification of trust business in different places, it shall submit the following materials in duplicate to the local banking regulatory bureau:
(1) An application for qualification of trust business of pooled funds in different places;
(2) Development plan for trust business of pooled funds in different places;
(3) Risk control system for trust business of pooled funds in different places;
(4) Balance sheets and profit and loss statements of trust and investment companies in the last two years audited by certified public accountants;
(5) The liquidation report of the collective trust plan that ended in the last year;
(6) An explanation of the compliance of various businesses of the trust and investment company in the last two years;
(7) A copy of the post-holding qualification approval of senior management personnel, a copy of the qualification certificate of chief financial officer (certified public accountant qualification certificate or similar qualification certificate in developed countries and regions) and a copy of the qualification certificate of trust executive manager with more than three persons (trust manager qualification certificate and similar qualification certificate in developed countries and regions, such as CFA certificate in the United States).
The banking regulatory bureau of the place where the trust and investment company is registered shall, within 10 working days from the date of receipt of the complete application materials, conduct an examination according to the Qualification Examination Form for Trust Business of Pooled Funds in Different Places (see Annex) and make a decision on examination and approval. If a trust and investment company does not have the qualification for the trust business of pooled funds in different places, it shall not promote the pooled trust plan in different places.
There are still some, so I won't list them here. For details, please refer to the Notice on Further Regulating the Trust Business of Collective Funds /law/List.asp? SelectID = 908 & ampClassID = 14 & amp； SpecialID=
In addition, trust and investment companies can promote innovative products through private roadshows outside their registered places, but not through newspapers, television, radio and other public media.
The promotion activities should follow the following principles: there should be standardized and similar information disclosure materials, clearly indicating the risk-return characteristics of the business, and misleading statements that may affect the independent risk judgment of participants should not be used; Fully reveal the risks involved in trust activities and the risk-taking principles; Do not exaggerate past performance or belittle peers; Do not use words that are inconsistent with legal documents and publicity materials, or have other false contents, misleading statements or major omissions; Truthfully disclose the professional team's resume, professional training and work experience.
For details, please refer to the Notice on Issues Related to the Pilot Project of Innovative Collective Fund Trust Business of Trust and Investment Companies (Yin Jian Fa [2006] No.65) /law/List.asp? SelectID = 2852 & ampClassID = 14 & amp； SpecialID=
Other omissions ~ ~ ~!