Regulators Reaffirm Ban on Improper Valuation Practices by Wealth Management Subsidiaries via Partner Entities
6 hour ago / Read about 0 minute
Author:小编   

Regulatory bodies have once again underscored the prohibition against wealth management subsidiaries engaging in improper valuation methods through partner institutions as a means to manipulate the yields of asset management products. This initiative is designed to encourage the wealth management sector to embrace authentic net value management principles and transition towards sustainable, long-term growth. Concurrently, local regulatory agencies have mandated certain trust companies to undertake self-assessments concerning valuation management practices in their collaborative bond investment endeavors with wealth management firms. Furthermore, these authorities have clarified that wealth management products intended for non-institutional investors are strictly prohibited from directly or indirectly investing in non-performing assets or their associated securities, thereby alerting some wealth management entities to the potential risks involved.

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