The Guiding Opinions on the Management of Stock Investment Declaration of Relatives of Fund Practitioners clearly points out that immediate family members of fund practitioners need to declare to fund companies and open accounts in designated securities companies when they engage in stock investment. Previously, the relevant regulations only required employees' relatives to report their accounts and transactions to the company in a timely manner, and there could be no conflicts of interest.
According to the Guiding Opinions, "fund management companies should require employees' relatives to report to the company before buying and selling stocks and derivatives, and after being approved by the company, they can buy and sell on the day of approval."