年内注销私募基金管理人551家 “协会注销”占比近半

Core Viewpoint - The China Securities Investment Fund Industry Association (CSRC) has announced the cancellation of registration for 15 private fund managers who failed to contact the association after a one-month public notice period, indicating a continued effort to regulate the private fund industry and protect investors' rights [1][2]. Group 1: Regulatory Actions - As of June 8, 2023, a total of 551 private fund managers have been deregistered this year, with the majority (275) being canceled by the association itself, accounting for 49.91% of all cancellations [2]. - The types of deregistration include "association cancellation," "voluntary cancellation," "12 months without management," and "cancellation by announcement," with the first two types being the most prevalent [2]. - The trend of deregistration has been increasing, with 2,537 private fund managers deregistered in 2023, marking a historical high, although the pace of cancellations has slowed recently [2]. Group 2: Industry Trends - The private fund industry is experiencing a clear trend of "supporting the excellent and limiting the inferior," with over 1,000 private fund managers deregistered annually from 2019 to 2024 [2]. - Regulatory measures have led to the elimination of non-compliant private fund managers, and the remaining managers are increasingly focusing on compliance to enhance their competitiveness [3]. - The introduction of regulations such as the "Regulations on the Supervision and Administration of Private Investment Funds" has clarified the direction for the industry's standardized development [3]. Group 3: Stakeholder Responsibilities - Investors are encouraged to strengthen their risk awareness and prioritize choosing well-regulated private fund institutions, which can drive industry standardization through feedback mechanisms [4]. - Third-party institutions, such as law firms and accounting firms, are urged to provide compliance consulting and financial auditing services to help private fund managers improve their internal control systems [4]. - Financial institutions are also encouraged to support quality private fund managers through funding and business expansion collaborations [4].