Legal analysis: The supervision unit of the fund company is the the State Council Securities Regulatory Authority. Fund managers and fund custodians should fulfill their duties and fulfill their obligations of honesty, credibility, prudence and diligence in managing and using fund property. Fund practitioners shall obtain the qualification of fund practice according to law, abide by laws and administrative regulations, and abide by professional ethics and code of conduct.

Legal basis: Measures for the Administration of Fund Companies

Article 9 Fund managers and fund custodians shall fulfill their duties and fulfill their obligations of honesty, credibility, prudence and diligence in managing and using fund assets. Fund practitioners shall obtain the qualification of fund practice according to law, abide by laws and administrative regulations, and abide by professional ethics and code of conduct.

Article 11 the State Council Securities Regulatory Authority shall supervise and manage the activities of securities investment funds according to law.