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What are the criteria for banks to apply for custody qualification?
If you want to apply for fund custody qualification, you must check whether you have the following conditions. If it meets the requirements, it shall apply to the the State Council Securities Regulatory Authority and the the State Council Banking Regulatory Authority. After approval: (1) Its net assets and capital adequacy ratio meet the relevant provisions; (2) Having a special fund custody department; (3) The number of full-time personnel who have obtained the qualification for fund practice has reached a quorum; (4) Having the conditions for safe custody of the fund property; (5) Having a safe and efficient clearing and delivery system; (6) Having business premises, safety precautions and other facilities related to the fund custody business that meet the requirements; (seven) a sound internal audit monitoring system and risk control system.