What is an asset management company?
Asset management usually refers to a kind of trust business of "entrusted by people to manage money on their behalf". In this sense, any institution or organization mainly engaged in this kind of business can be called an asset management company.
Asset management company registration process:
1: industrial and commercial nuclear name.
2. Sign the industrial and commercial information.
3. industrial and commercial registration.
4: seal.
5: filing.
6. Open a bank account.
7. Financial agent bookkeeping, tax declaration or accounting declaration.
According to the relevant provisions of the Regulations on Financial Asset Management Companies, the establishment of a financial asset management company shall meet the following conditions:
1. The registered capital of a financial asset management company is 1000 billion yuan, which is allocated by the Ministry of Finance.
2. A financial asset management company shall be issued with the License of Financial Institution as a Legal Person by the People's Bank of China, and registered in the administrative department for industry and commerce according to law.
3. The establishment of branches by financial asset management companies must be approved by the Ministry of Finance and reported to the People's Bank of China for the record. The People's Bank of China issued a business license for financial institutions and registered with the administrative department for industry and commerce according to law.
4. A financial asset management company shall have a president 1 person and several vice presidents. The President and Vice President are appointed by the State Council. The president shall exercise his powers on behalf of the financial asset management company and be responsible for the operation and management of the financial asset management company.
5. The senior managers of a financial asset management company shall accept the qualification examination of the People's Bank of China.
6. The composition, responsibilities and working procedures of the board of supervisors of financial asset management companies shall be implemented in accordance with the Provisional Regulations on the Board of Supervisors of State-owned Key Financial Institutions.
Business scope of an asset management company:
According to the Regulations on Financial Asset Management Companies, financial asset management companies can engage in the following activities when managing and disposing of assets formed by the acquisition of non-performing loans of state-owned banks within the scope of non-performing loans of state-owned banks:
(1) debt collection.
(2) Lease, transfer or reorganize the assets formed by the acquisition of non-performing loans in other forms.
(3) Debt-to-equity swap, holding shares in the enterprise in stages.
(4) Asset management and listing recommendation of companies within the scope of bond and stock underwriting.
(5) Issuing financial bonds and borrowing from financial institutions.
(6) Financial and legal consultation, assets and project evaluation.
(seven) other business activities approved by the People's Bank of China and the China Securities Regulatory Commission.