私募管理人资质竟成犯罪工具？深圳证监局通报私募机构“花式副业”产业链乱象

Core Viewpoint - The Shenzhen Securities Regulatory Bureau has reported that some private fund managers are engaging in illegal activities, using their qualifications to facilitate crimes such as illegal fundraising, market manipulation, and off-market financing, which severely disrupts financial order [1][2][3] Group 1: Illegal Activities - Certain private fund institutions are exploiting their qualifications to engage in illegal fundraising, market manipulation, and off-market financing, effectively turning their management qualifications into a "pass" for criminal activities [1] - The report highlights five typical cases of illegal activities, including the establishment of numerous unregistered limited partnership enterprises for public fundraising, which involves a large amount of capital and numerous investors, indicating illegal fundraising crimes [1][2] - Other illegal activities include lending management qualifications to facilitate illegal public deposit collection, market manipulation by controlling fund accounts, using private funds for off-market financing, and engaging in illegal business operations through virtual sub-accounts [2] Group 2: Regulatory Response - The Shenzhen Securities Regulatory Bureau emphasizes that private fund institutions and their personnel must not breach legal and ethical standards by using their qualifications for illegal activities [3] - Institutions are urged to enhance their investment in compliance, risk control, and operational capabilities to ensure ongoing compliance with regulations [3] - The bureau plans to strengthen regulatory inspections of private fund managers' compliance operations and hold accountable any violations, while encouraging institutions to focus on their core investment activities and improve their compliance and risk management mechanisms [3]