At present, different financial institutions have different specific establishment standards and conditions. For example, the net assets of a fund company cannot be less than 200 million yuan, and there is a requirement that the fund business should last for more than two years. At the same time, there is a related requirement, that is, the total assets under management are not less than 20 billion yuan and the equivalent foreign currency assets in the latest quarter. For a securities company, it first makes some relevant requirements for various risk control indicators, but also requires a net capital of not less than 800 million yuan and a ratio of net capital to net assets of not less than 70%. At the same time, we also need to integrate financial planning business.
It has reached 1 year or above, and the scale of assets under management at the end of the latest quarter is not less than RMB 2 billion equivalent or corresponding foreign currency assets.
At the same time, insurance companies, including trust companies and commercial banks, also have some specific provisions in some related measures and detailed rules.