What is a fund subsidiary?

A fund subsidiary refers to a limited liability company established in accordance with the Company Law and controlled by a fund management company, which is engaged in asset management of specific customers, fund sales and other businesses permitted by the China Securities Regulatory Commission.

Generally speaking, a fund subsidiary is a branch or subordinate branch of a fund company.

Extended data

Fund company:

The fund company is established in accordance with the company law. According to Articles 2 and 3 of China's Company Law, a company is an enterprise legal person in the form of a limited liability company or a joint stock limited company established in accordance with the Company Law.

Article 6 of China's "Company Law" stipulates in principle that those who meet the conditions for establishment shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority.

Article 93 of the Company Law stipulates that if a joint stock limited company is established by offering shares to the public, it shall also submit the approval documents of the State Council Securities Regulatory Authority to the company registration authority.

The relevant laws and regulations regulating the operation of fund companies are centered on the People's Republic of China (PRC) Securities Investment Fund Law and the Measures for the Administration of Securities Investment Fund Management Companies.

People's Republic of China (PRC) Trust Law, Interim Measures for the Management of Private Equity Investment Funds and other relevant administrative regulations are complete and complete fund supervision regulations.

Reference: Baidu Encyclopedia: Fund Company