The history of the most stringent new regulations
2016/11/15 21:05:06
Some private equity firms have received notice of the brokerage, urging the completion of product recruitment as soon as possible for the record, or to re-enter into a contract. Some are also raising private equity products are also an emergency speed, for the final time.
3 month transitional period is coming to an end, "the history of the most stringent" private placement of new regulations and contract guidelines July 15 reporter was informed that some private equity firms have received notice of brokerage, urging the completion of product recruitment as soon as possible, otherwise we must re-enter into a contract. Some are also raising private equity products are also an emergency speed, for the final time.
Brokers to inform private emergency tightening to raise July 15 after the need to replace the new contract
Shanghai, a large brokerage in the notice to the private wrote: "Fund Industry Association New Deal transition period for the July 15 deadline, all issued by the contract into the offering period of the product, please complete the product set up before the date of the record. 15 days after the establishment of the product, the new regulations in accordance with the Association to replace the product contract.
"Received notice of the brokers more confused, and later found that the association is indeed a time before the provisions.We just have a product in the recruitment, and now must step up the pace, or to change the contract is very troublesome," said Beijing, deputy general manager of a quantitative private equity.
According to report, April 15 this year and April 18 Association issued a "private equity fund raising behavior management approach" and "contract guidelines", the private placement of the main, qualified investors, to raise the process to make provision, and gives 3 months of transition. Now the official implementation time is approaching, can worry a number of private bad, the most direct impact is to raise private equity products. Reporter consulting several brokerages have said that after July 15 will replace the new private contract. "The new contract template will be able to get today, when the contact will raise the product to modify." East China a large brokerage business department said.
Shenzhen, a medium-sized private market, told reporters that July 15 did not complete the record of the contract should be renewed. "The host side 's advice is that if the July 15 can not complete all the formalities, it is better to direct the new contract.
South China, a large brokerage trustee who is proposed to raise private placement, the first record to do continuous marketing.
3 months to adjust the private equity by the new rules, such as asset certification is still difficult
In addition to product contracts, the new rules have been raised in various areas of private placement have had an impact. 3 months, many private equity has begun to operate under the new regulations, but there are still some difficulties to be resolved. Raising the new regulations cover nine key points: First, a clear raise the subject to obtain fund sales qualification, the second is to raise funds to undertake qualified investors screening responsibility, the third is to raise a special account to be signed supervision agreement, four is not publicized private equity products and performance, Five is the product of publicity in the face of specific objects, the six is issued by qualified investors proof, seven is the amount of investment of not less than 100 million, eight is given no less than 24 hours of investment cooling-off period, nine by non-sales staff return visit confirmed investment Will.
Nearly 3 months, the reporter learned that a lot of private placement, sales agencies have their own websites, WeChat public on the establishment of risk disclosure book, questionnaire survey procedures. While private placement in the choice of sales agencies will also pay attention to whether they have the fund sales license to make choices, as well as in accordance with the new regulatory requirements to try to implement the investment cooling-off period and confirm the return visit system.
Said the Shenzhen private equity, they set up a special compliance department, hire counsel to do counseling, as long as the backstage has sufficient human and material resources, the basic requirements of the new regulations can be achieved, including the cooling-off period, return confirmation, but also in the custody and supervision of funds Have done more standardized.
But he also said that the new rules require customers to provide proof of assets, will be relatively trouble some. "In the past as long as we can afford to buy our products customers, signed that they are qualified investors can. And now need information to prove that customers want to go to the bank to play water, a little trouble that we May and June products Basically have been in accordance with this procedure to do, in advance to prepare.
He believes that, although too much trouble, an increase of time costs, but it can help private screening customers, to eliminate the money to buy private equity products situation.
3 month transitional period is coming to an end, "the history of the most stringent" private placement of new regulations and contract guidelines July 15 reporter was informed that some private equity firms have received notice of brokerage, urging the completion of product recruitment as soon as possible, otherwise we must re-enter into a contract. Some are also raising private equity products are also an emergency speed, for the final time.
Brokers to inform private emergency tightening to raise July 15 after the need to replace the new contract
Shanghai, a large brokerage in the notice to the private wrote: "Fund Industry Association New Deal transition period for the July 15 deadline, all issued by the contract into the offering period of the product, please complete the product set up before the date of the record. 15 days after the establishment of the product, the new regulations in accordance with the Association to replace the product contract.
"Received notice of the brokers more confused, and later found that the association is indeed a time before the provisions.We just have a product in the recruitment, and now must step up the pace, or to change the contract is very troublesome," said Beijing, deputy general manager of a quantitative private equity.
According to report, April 15 this year and April 18 Association issued a "private equity fund raising behavior management approach" and "contract guidelines", the private placement of the main, qualified investors, to raise the process to make provision, and gives 3 months of transition. Now the official implementation time is approaching, can worry a number of private bad, the most direct impact is to raise private equity products. Reporter consulting several brokerages have said that after July 15 will replace the new private contract. "The new contract template will be able to get today, when the contact will raise the product to modify." East China a large brokerage business department said.
Shenzhen, a medium-sized private market, told reporters that July 15 did not complete the record of the contract should be renewed. "The host side 's advice is that if the July 15 can not complete all the formalities, it is better to direct the new contract.
South China, a large brokerage trustee who is proposed to raise private placement, the first record to do continuous marketing.
3 months to adjust the private equity by the new rules, such as asset certification is still difficult
In addition to product contracts, the new rules have been raised in various areas of private placement have had an impact. 3 months, many private equity has begun to operate under the new regulations, but there are still some difficulties to be resolved. Raising the new regulations cover nine key points: First, a clear raise the subject to obtain fund sales qualification, the second is to raise funds to undertake qualified investors screening responsibility, the third is to raise a special account to be signed supervision agreement, four is not publicized private equity products and performance, Five is the product of publicity in the face of specific objects, the six is issued by qualified investors proof, seven is the amount of investment of not less than 100 million, eight is given no less than 24 hours of investment cooling-off period, nine by non-sales staff return visit confirmed investment Will.
Nearly 3 months, the reporter learned that a lot of private placement, sales agencies have their own websites, WeChat public on the establishment of risk disclosure book, questionnaire survey procedures. While private placement in the choice of sales agencies will also pay attention to whether they have the fund sales license to make choices, as well as in accordance with the new regulatory requirements to try to implement the investment cooling-off period and confirm the return visit system.
Said the Shenzhen private equity, they set up a special compliance department, hire counsel to do counseling, as long as the backstage has sufficient human and material resources, the basic requirements of the new regulations can be achieved, including the cooling-off period, return confirmation, but also in the custody and supervision of funds Have done more standardized.
But he also said that the new rules require customers to provide proof of assets, will be relatively trouble some. "In the past as long as we can afford to buy our products customers, signed that they are qualified investors can. And now need information to prove that customers want to go to the bank to play water, a little trouble that we May and June products Basically have been in accordance with this procedure to do, in advance to prepare.
He believes that, although too much trouble, an increase of time costs, but it can help private screening customers, to eliminate the money to buy private equity products situation.
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