Article 1 In order to regulate the directional asset management business activities of securities companies, these Detailed Rules are formulated in accordance with the Securities Law of People's Republic of China (PRC), the Regulations on Supervision and Administration of Securities Companies and the Administrative Measures for Customer Asset Management Business of Securities Companies (Order No.87 of the CSRC, hereinafter referred to as the Administrative Measures).
Article 2 These Rules shall apply to securities companies that accept the entrustment of a single customer, sign contracts with customers, and manage the assets entrusted by customers through special accounts according to the methods, conditions, requirements and restrictions stipulated in the contracts.
Article 3 A securities company engaged in directional asset management business shall have the qualification of securities asset management business and abide by laws, administrative regulations and the provisions of China Securities Regulatory Commission (hereinafter referred to as China Securities Regulatory Commission).
Article 4 Securities companies engaged in directional asset management business shall follow the principles of fairness and impartiality. Honest and trustworthy, cautious and conscientious; Adhere to fair trade, avoid conflicts of interest, prohibit the transfer of interests, and protect the legitimate rights and interests of customers.
Article 5 Securities companies engaged in directional asset management business shall establish and improve risk management and internal control systems, standardize business activities, and prevent and control risks.
Article 6 The investment risk of directional asset management business shall be borne by the clients themselves, and the securities company shall not promise in any way that the principal of the clients' assets will not be lost or the minimum income will be obtained.
Article 7 The China Securities Regulatory Commission shall, in accordance with laws, administrative regulations, administrative measures and these Detailed Rules, supervise and manage the directional asset management business activities of securities companies.
Article 8 Stock exchanges, securities registration and settlement institutions and China Securities Association shall conduct self-discipline management and industry guidance on the directional asset management business activities of securities companies in accordance with laws, administrative regulations, management measures, these Detailed Rules and relevant rules.