The Measures for the Administration of Trust Registration (hereinafter referred to as the Measures) came into effect on 20 18 12 1, and was promulgated by the banking regulatory authority, aiming at standardizing the asset registration management of trust institutions and protecting the rights and interests of investors and the responsibilities of regulatory authorities. The main contents include trust assets registration, information disclosure of trust investors, trust assets evaluation, trust assets supervision and management, etc. The Measures clearly stipulate that trust companies should improve the asset registration system in accordance with the requirements of laws, regulations and business norms to ensure that the registration information is accurate, complete and timely; Establish an investor investment management system to ensure that investors' rights and interests are fully protected; Conduct trust asset evaluation and update and adjust asset registration information in a timely manner. At the same time, the Measures also strengthen the responsibilities of the regulatory authorities, requiring the regulatory authorities to strengthen supervision over the asset registration management of trust institutions to ensure that the trust asset registration work is standardized and orderly; Strengthen the management and supervision of trust companies and find and solve problems in time. It is worth noting that the Measures also stipulate the principle of good faith that trust companies should follow, and shall not mislead or deceive investors; At the same time, the trust company is required to establish and improve the internal control system, standardize the management behavior, and ensure the healthy development of the trust industry.
What will happen if a trust company violates the Measures for the Administration of Trust Registration? If a trust company violates the Measures for the Administration of Trust Registration, it will be fined, ordered to suspend business for rectification and revoked its license. At the same time, investors can safeguard their legitimate rights and interests through complaints and prosecutions.
The implementation of the Measures for the Administration of Trust Registration has standardized the asset registration management of trust institutions and the responsibilities of supervision departments, and provided an important institutional guarantee for protecting the rights and interests of investors and promoting the healthy development of the trust industry. For trust companies, compliance with relevant regulations is a necessary condition to implement the basic principle of "honesty and credit" and ensure that business risks can be controlled. At the same time, investors should pay attention to the registration and disclosure of trust assets when choosing trust products, and make reasonable investment decisions by understanding relevant information.
Legal basis:
Article 32 of the Measures for the Administration of Trust Registration in People's Republic of China (PRC): (1) Forging, tampering, concealing, deliberately fabricating or providing false information; (2) misleading or deceiving investors. (3) illegally occupying the trust property. (four) refusing to accept or obstruct the supervision and inspection of the regulatory authorities.