The new asset management regulations are defined as follows: It refers to the financial services that banks, trusts, securities, funds, futures, insurance asset management institutions, financial asset investment companies and other financial institutions accept the entrustment of investors to invest and manage the property of the entrusted investors.

Asset management business is an off-balance-sheet business of financial institutions, and financial institutions may not promise to protect capital and income when conducting asset management business. When payment is difficult, financial institutions may not advance in any form. Financial institutions may not carry out on-balance-sheet asset management business.

Extended data:

Provisions on asset management business:

First, when a securities company conducts directional asset management business, the net asset value of a single customer shall not be less than RMB 6,543,800+0,000. A securities company may raise the minimum amount of net assets entrusted by customers on the basis of the prescribed minimum amount.

Second, securities companies can only accept assets in the form of monetary funds when handling collective asset management business. Where a securities company establishes a limited aggregate asset management plan, the amount of funds accepted by a single customer shall not be less than RMB 50,000; If an unrestricted aggregate asset management plan is established, the amount of funds accepted by a single customer shall not be less than RMB 654.38+10,000.

Third, securities companies should set the collective asset management plan as an equal share. Customers enjoy the benefits and bear the risks according to their share proportion in the assets of the collective asset management plan. Unless otherwise stipulated in Article 5, it shall be handled in accordance with the following provisions.

Fourth, customers participating in the collective asset management plan shall not transfer their shares, unless otherwise stipulated by laws and administrative regulations.

Fifth, securities companies can freely participate in the collective asset management plan set up by the company. A securities company shall obtain the approval of the shareholders' meeting, the board of directors or other authorized procedures in accordance with the provisions of the Company Law and the Articles of Association.

During the existence of the collective asset management plan, the securities company shall not recover the invested funds. Where a securities company participates in the collective asset management plan established by the company with free funds, it shall stipulate the amount of capital contribution and the responsibilities it undertakes in the collective asset management contract.

Baidu Encyclopedia-Asset Management Business