Suddenly! There are also organizations to suspend the review, a total of 8!

category:Finance
 Suddenly! There are also organizations to suspend the review, a total of 8!


Prior to this, there were seven other fund companies, including Benyuan, Anbang, Pacific, Suning, Buer, Jingze and Guoxin, which had been suspended from examination since the end of last year. Earlier, zhidu shares, a listed company, also announced that it agreed to terminate the application for the establishment of securities source funds.

Suspension of federal reserve fund review

The latest issue of examination and approval of the establishment of fund management companies released by the CSRC shows that the approval status of the Federal Reserve Fund is suspension of examination.

According to the examination process of administrative license of CSRC, suspension of examination is not equal to termination of examination. After the suspension of examination, it is still expected to resume the examination, and the examination department shall notify the applicant in writing of the suspension of examination to the date of written notice of resumption of examination, which shall not be included in the audit period.

As a matter of fact, when the Federal Reserve securities company recruited global partners earlier, it was actively preparing for direct investment subsidiaries and public fund companies.

At that time, the position of General Manager (Preparatory) of public fund company was also included in the list of job requirements at that time.

Suspension of examination of several fund companies to be established

Due to various reasons, some reported fund companies are unable to join the public fund team for a short time. According to the relevant publicity, Benyuan, Anbang, Pacific, Suning, Buer and other five declared fund companies have been in the state of suspension of examination since the end of 2019, and have not yet resumed the review. Since this year, Jingze and Guoxin funds have also been suspended.

The above-mentioned fund companies stressed that according to the approval process of the CSRC, suspension of examination is not equal to termination of examination. Review can still be resumed after suspension. The securities investment fund law and other relevant laws and regulations have very strict requirements on the sponsor shareholders of fund companies. In the process of application, any company that violates the rules or has financial losses does not meet the requirements of shareholders applying for the establishment of the fund company. Its a very complicated job to apply for a fund company, said one fund executive. Whether it is an individual or an institutional sponsor, the application for a public offering license must go through strict procedures, and various situations will be encountered in the process. Due to the fierce competition among public funds, it is not easy for new fund companies to break through. It is also not ruled out that some institutions have changed their minds and withdrawn their applications for the establishment of fund companies during the examination and approval process. One industry source said. U.S. stocks fell sharply: NASDAQ fell more than 2%, Tesla fell 6%, U.S. September quarter adjusted non farm employment increased 661000, September unemployment rate 7.9% heavyweight! Amazon: nearly 20000 employees infected with the new crown_ NF

The above-mentioned fund companies stressed that according to the approval process of the CSRC, suspension of examination is not equal to termination of examination. Review can still be resumed after suspension.

Due to the fierce competition among public funds, it is not easy for new fund companies to break through. It is also not ruled out that some institutions have changed their minds and withdrawn their applications for the establishment of fund companies during the examination and approval process. One industry source said.