信托公司管理办法时隔18年迎大修，行业最关心哪些内容？

Core Viewpoint - The revised "Trust Company Management Measures" aims to enhance the regulatory framework for trust companies, focusing on business structure, governance, risk management, and compliance with new asset management regulations [1][2][3] Group 1: Business Structure and Governance - The revision reduces the business scope of trust companies to three main categories: trust business, asset-liability business, and other business, emphasizing a return to core functions [3][6] - The minimum registered capital for trust companies is raised from 300 million to 500 million yuan, reflecting a stricter governance framework [6][9] - The new regulations require trust companies to establish a dedicated committee for protecting the rights of trustees and beneficiaries, ensuring that their interests are prioritized [6][7] Group 2: Risk Management and Compliance - The draft outlines nine prohibitive behaviors for trust companies, including a ban on guaranteeing principal and returns, aiming to eliminate past irregularities in the industry [4][5] - Trust companies must maintain comprehensive records of trust transactions for at least 15 years and report on the management and use of trust assets to clients [4][6] - Enhanced scrutiny of shareholder and executive behavior is mandated, with requirements for timely reporting of any violations to regulatory authorities [6][9] Group 3: Regulatory Alignment and Industry Impact - The revised measures align with recent asset management regulations and the classification of trust business, promoting high-quality development in the industry [1][2] - The changes may impose operational pressures on smaller trust companies, necessitating capital replenishment and potential business contraction [1][10] - The focus on compliance and risk management is expected to improve the overall stability of the trust industry, while also increasing the operational demands on companies [9][10]