Knowledge about fund raising institutions，How much do you know?

Hong Kong Xintong-Today I will introduce to you the relevant knowledge of fund raising institutions，Let’s learn together! one、Fund raising agencies Fund raising agencies are mainly divided into two types：Direct fundraising agencies and entrusted fundraising agencies。The direct fundraising institution refers to the fund manager，The entrusted fundraising agency refers to the fund sales agency。

Entities currently qualified for fund sales business include commercial banks、Securities company、Futures Company、insurance agency、Securities investment consulting agency、Independent fund sales agencies, etc.。two、Qualifications of fundraising agencies

Require

my country's equity investment fund management institutions carry out fund raising activities，Need to register as a fund manager with the Asset Management Association of China。

If you plan to raise funds by yourself，Fund managers can only raise funds initiated and established by themselves，Cannot sell products of other fund managers，That is, fund managers are not allowed to conduct agency sales。

Sales agencies participate in equity investment fund fundraising activities，The following three conditions must be met：

1. Registered with the China Securities Regulatory Commission and obtained fund sales business qualifications；
2. Become a member of the Securities Investment Fund Association of China；
3. Accept the entrustment of the fund manager (sign the sales agreement)。three、Responsibilities and obligations of fundraising agencies
4. Need to fulfill the obligation to review the status of qualified investors，Test investors' ability to take risks。
5. Fund raising process，Fundraising agencies should fulfill their duties，Honesty and trustworthiness，Fulfill the obligation of explanation with care and diligence，Anti-money laundering obligations and other related obligations，Responsible for the determination of pending objects，Investor suitability review，Fund promotion and qualified investor confirmation and other related responsibilities。
6. Fund raising institutions and their employees shall not misappropriate fund property and client funds.、Using undisclosed information related to funds to conduct transactions and other illegal activities。
7. Fund managers should fulfill trustee obligations，assume agreed fiduciary responsibilities；Entrusting a fund sales agency to raise funds，Fund managers shall not be exempted from their legal responsibilities due to entrusted fundraising.。
8. No institution or individual may seek to avoid compliance with investor standards，Raising financial products with fund shares or their income rights as investment targets，or illegally split and transfer fund shares or their income rights，Breaking through the qualified investor standards in disguise。

The fundraising agency should ensure that investors are aware of the conditions for fund transfer。

1. Fundraising agencies should strictly keep investors’ business secrets and personal information confidential。Unless otherwise provided by laws, regulations and self-regulatory rules，Not to be disclosed to outsiders。
2. The fundraising agency shall properly preserve investor suitability management and other records and other relevant information related to fund raising business.，The retention period shall not be less than 10 years from the date of termination of fund liquidation.。
3. A special account for fund raising and settlement funds should be opened，Used to uniformly collect fund raising and settlement funds、Distribute income to investors and distribute remaining fund assets after fund liquidation, etc.，Ensure funds are returned via the original route。The fund manager shall submit the special account for fund raising and settlement funds and its supervisory agency information to the association.。Supervisory agencies shall assume joint and several responsibilities for ensuring the safety of fund transfers during fund raising and introduction.。
4. Commercial banks that have obtained fund sales business qualifications，Securities companies and other financial institutions，Can serve as both a fundraising agency and a supervisory agency in the same fund raising process。Institutions that meet the above conditions should establish a complete firewall system，Prevent conflicts of interest。
5. Institutions involved in the opening and use of special accounts for fund raising and settlement funds shall not classify fund raising and settlement funds as their own property。

It is prohibited for any unit or individual to misappropriate fund raising and settlement funds in any form。If you still want to know more about this aspect，Welcome to consult Hong Kong Xintong at any time!

About Hong Kong Xintong

Hong Kong Xintong focuses onGuangdong and Hong Kong license plates、Shenzhen Hazardous Chemicals Business License、Shenzhen labor dispatch licenseandShenzhen Charity Foundationapplication services，Assist customers to applyShenzhen travel agency business license、Shenzhen pawn shop business license、Shenzhen auction house license and other mainstream domestic financial licenses，Support enterprises to achieve compliance expansion of cross-border financial business。Also availableODI overseas investment registration、International travel agency registration and other services，Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more，Please contactHong Kong Information Communications Consultant。