On December 23, 2020, with the joint support of Asset Management Association of China and Beijing Office of the CSRC, Beijing Fund Town held a Private Fund Industry Compliance Development Training Session in Beijing.

Compliance and integrity are the cornerstones of the healthy and sustainable development of the fund industry. In order to promote the development of the private fund industry in the way of compliance and integrity, in recent years, the regulatory authorities have been constantly optimizing the industry governance system, continuously strengthening the self-discipline and compliance management of private fund on the basis of the bottom-line supervision, and increasing efforts to publicize policies and conduct compliance training for industry practitioners, and achieved significant results.

During the training session, relevant persons in charge of Asset Management Association of China and Beijing Office of the CSRC made an in-depth interpretation on the business rules of qualified investors, fund raising, investment operation, information disclosure, etc. involved in the compliance management of private fund from the perspective of industry supervision. Combined with the key points of supervision and typical cases, the lecturer of Junhe Law Firm analyzed the main violations and legal determination related to private fund in detail and shared the compliance management experience of public fund.

Relying on the agglomeration advantages of the fund industry, Beijing Fund Town has been deeply devoted to investor education in the field of private fund. With the support of Asset Management Association of China and Beijing Office of the CSRC, Beijing Fund Town has held compliance training such as “Beijing Fund Town Private Fund Training Series”, “Private Fund Manager Self-Inspection Work Guidance”, and “Warning on Criminal Risks of Private Placement Agencies and Practitioners”. It has organized hundreds of practical training and exchange activities on compliance operation and management of private fund with strategic partners including nearly 100 well-known banks, securities companies, accounting firms, and law firms; From policy to practice, it has effectively helped managers to fully understand regulatory policies and trends, continuously improve professional operation level and compliance management awareness, safeguard the legitimate rights and interests of investors, and promote the standardized and healthy development of the private fund industry