The Most Stringent Private Placement Rules And Guidelines Will Start In July 15Th.

In April 15th and April 18th this year, the Fund Industry Association issued the management measures of private equity fund raising behavior and the contract guidelines, which is the main body of private placement.

And the collection process has been made.

And give a 3 month pitional period.

The 3 month pitional period is about to end. The "most stringent" Regulations on private placement of new regulations and contracts will be implemented in July 15th.

When the implementation of the new regulation is approaching, the first thing that affects everyone is that the contract must be rearranged. The most direct impact is the private placement of the product being raised.

People in the market of a medium-sized private company in Shenzhen told the media that new contracts had not been completed before July 15th.

A large brokerage firm in Southern China suggests that the private placement is to be filed first and then continue to be sold.

In addition to products

Over the past two months, the new rules have had an impact on various areas of private placement.

It is understood that the collection of new regulations covers nine major points: first, it is clear that the main body of the fund needs to obtain the qualification of the fund sales; two, the institutions that undertake the discriminating responsibilities of qualified investors; three, the need to sign the supervision agreement for the collection of special accounts; four, the publicity of private products and performance; five, the specific publicity of products, six of the certificate issued by qualified investors, seven of the investment amount of not less than 1 million yuan, eight of the investment cooling period of not less than 24 hours, nine of which is confirmed by the non sales personnel to confirm their investors' wishes.

In the past 3 months, many private and sales agencies have set up projects such as risk disclosure and questionnaire test procedures on their respective websites and WeChat public numbers.

During the period, private equity will choose whether or not they have the fund sales license to make another choice when they choose the sales organization, and try to implement the investment calm period and confirm the return visit according to the new regulation.

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But a private person also said that the new regulation now requires customers to provide proof of assets, which will be relatively troublesome, such as customers going to the bank to fight water.

However, many private people also said that although the increase in time costs, but this can help private clients to screen customers, and eliminate funds to buy private equity products.