信托业稳定基金和金融稳定保障基金缴纳标准出炉

Core Viewpoint - The regulatory authorities are establishing a long-term mechanism for financial stability, with a clear roadmap for the trust industry regarding the collection of financial stability and trust industry stability funds [1][4]. Group 1: Financial Stability and Trust Industry Stability Funds - Regulatory authorities have issued a draft notice requiring trust companies to contribute to the financial stability guarantee fund and the trust industry stability fund, with an average fee rate of approximately 4.6% based on the companies' operating income [1][2]. - In 2021, the trust industry achieved operating income of 120.798 billion yuan, a slight decrease of 1.63% year-on-year, leading to an estimated total contribution of about 5.557 billion yuan from 68 trust companies for these funds [1][2]. - The trust industry stability fund consists of a base rate of 3.7% and a risk differential rate, which will be determined based on the previous year's regulatory ratings of the companies [2][3]. Group 2: Implementation and Regulatory Framework - The establishment of the financial stability guarantee fund was first proposed in the 2022 government work report, emphasizing the need for a structured approach to risk management in the financial sector [4]. - The State Council has set a deadline for completing the fundraising for the financial stability guarantee fund by the end of September [4]. - The financial stability guarantee fund is intended for addressing significant risks with systemic implications, complementing existing safety nets like deposit insurance and industry guarantee funds [4][5]. Group 3: Changes in Fund Structure - The draft notice indicates a shift from the previous trust guarantee fund to a new structure that includes the "trust industry stability fund," while the term "liquidity mutual assistance fund" is no longer mentioned [3]. - The previous requirement for trust companies to subscribe to the trust industry guarantee fund based on 1% of net assets has been eliminated, with existing subscriptions to be refunded [2][3].