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The responsibilities of the fund industry association include
1. Educate members to abide by relevant laws and regulations and safeguard the rights and interests of investors;

2. Respond to members' suggestions and requirements;

3. Formulate and implement the rules of the fund industry, and supervise the behavior of personnel in the fund industry;

4. Punish members who do not abide by the articles of association and violate the articles of association;

5. Assessment and training of fund industry employees;

6. Provide services for members and help the communication between institutions in the industry;

7. Mediation of commercial disputes among members;

8. Handling the registration and filing of private equity funds;

9. Other designated duties.

These are the responsibilities of fund industry associations.

Functions and powers of the board of directors of fund industry associations

1. Prepare for the general meeting of members and report to the members of the fund industry association;

2, resolutely implement the resolutions of the members' congress;

3, review the rules and norms of the fund industry association;

4, the election and removal of the main person in charge of the fund industry association;

5. An interim general meeting may be proposed;

6. Decide on the establishment and change of the offices of fund industry associations;

7, review the annual report, work plan, financial report, budget and final accounts;

8. To consider the proposals of fund industry associations;

9. All elements that should be considered by the Council.