Private equity fund product registration [Common reasons why product registration is rejected and how to correct it] Reason for rejection 1:Please fill in the correct full name of the fund. Correction method.:The full name of the fund should be exactly the same as the name in the contract。 Reason two for rejection:请填写正确的管理类型 整改方法:There are three types of management you can choose from,Trusted management、Self-management and consultant management。
Self-managed limited liability company、Corporate fund established in the form of a joint stock company,Implement self-management through the formation of an internal management team,The corporate fund must also complete the manager registration procedures。Trusted management refers to entrusting assets to private equity fund managers for management through entrusted management.。Consulting management refers to the private equity fund manager acting as an investment consultant for the trust company.、Brokerage Asset Management、QFII and other managed assets。
Reason three for rejection:请上传所有投资者签字的风险揭示书 整改方法:Scan the risk disclosure letter signed by all investors and upload it in a PDF document。 Reason four for rejection:Please upload proof of fundraising scale。
Rectification methods:Proof of fundraising scale includes fund arrival certificate issued by the custodian,Or a capital verification certificate issued by an accounting firm,Or bank statement (with official bank seal),Or certification issued by a third party such as industrial and commercial registration transfer materials。 Reason five for rejection:Please ask the manager to provide an explanation of whether the fund has been raised and whether it will continue to raise funds from outside.。 Rectification methods:The administrator truthfully issues the above statement,Sign to confirm and upload to other questions。
Reason six for rejection:The fund’s partner information is inconsistent with the industrial and commercial registration information。 Rectification methods:If changes are possible, complete the changes and re-register them.,If changes cannot be made temporarily, all partners must issue commitment letters.,Commitment to complete rectification within three months,And upload the signed and confirmed commitment letter to other questions.。 Reason seven for rejection:Please register XXX investors after the actual payment reaches 1 million.。
Rectification methods:According to Article 12 of the "Interim Measures for the Supervision and Administration of Private Investment Funds" promulgated by the China Securities Regulatory Commission on August 21, 2014,Qualified investors of private equity funds refer to those who have corresponding risk identification capabilities and risk-taking capabilities,Units and individuals whose investment in a single private equity fund is no less than 1 million yuan,Therefore, the investment amount of each investor must not be less than 1 million。 Reason eight for rejection:Please register with the association after raising funds from outside.。
Rectification methods:Fund products must have external investors,Fund managers invest directly or fund products are only subscribed by fund managers and their staff.,China Foundation Association does not allow registration。 Reason nine for rejection:Please upload investor details and stamp with the official seal of the private equity fund manager。
Rectification methods:Investor details including serial number,Name/organization name,ID number,Subscription amount,Amount actually paid,Summary amount,Remark;Remarks include GP/LP,Priority / inferiority,Whether managers or employees are participating in the investment。The summary amount should be consistent with the actual payment amount reported in the registration and filing system。
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