The fund custodian is the representative of investors' rights and interests, and is the nominal holder or management institution of fund assets. In order to ensure the safety of fund assets, the Fund operates according to the principle of separating asset management from asset custody, and the Fund has a special fund custodian to keep fund assets. The fund custodian opens an independent fund asset account for the Fund, and is responsible for fund receipt and payment, fund transfer, securities liquidation and dividend distribution. These are all in accordance with the instructions of the fund manager, and the instructions of the fund manager must also be implemented through the fund custodian. In foreign countries, there are strict regulations on the qualifications of fund custodians, which are generally required to be held by financial institutions such as commercial banks and trust and investment companies, and there are strict examination and approval procedures. Qualification of fund custodian The role of fund custodian determines that it bears important legal and administrative responsibilities for the funds it manages. Therefore, it is necessary to clarify the qualifications of the custodian. Generally speaking, the fund custodian should be a financial institution that is completely independent of the fund management institution, has certain economic strength, considerable paid-in capital and industry reputation. The Fund Measures stipulate that an approved fund shall entrust a commercial bank as the custodian. The main requirements for fund custodians are as follows: there is a special fund custodian department. The paid-in capital is not less than 8 billion yuan. There are enough full-time personnel familiar with the custody business. Have the conditions for safe custody of all assets of the fund. Have safe and efficient clearing and delivery capabilities. The above is what is a fund custodian and the qualifications of a fund custodian. If you have any questions, please call our professional lawyers, and we will serve you wholeheartedly.