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What unit is the fund industry association?
China Asset Management Association was established on June 6, 20 12. It is a social organization legal person registered in the Ministry of Civil Affairs with the approval of the State Council according to the Securities Investment Fund Law of People's Republic of China (PRC) and the Regulations on the Registration and Management of Social Organizations. It is a self-regulatory organization of the securities investment fund industry, and accepts the business guidance, supervision and management of the China Securities Regulatory Commission and the Ministry of Civil Affairs.

According to People's Republic of China (PRC) Securities Investment Fund Law, fund managers and fund custodians should join the association, and fund service institutions can join the association.