大曝光！监管出手，9家基金公司被采取措施

Core Viewpoint - The regulatory penalties faced by mutual fund companies in the first half of 2025 highlight the importance of compliance and internal control in the sustainable development of the mutual fund industry [1][5]. Regulatory Penalties Overview - A total of 9 mutual fund companies received warning letters or corrective orders from regulators in the first half of 2025, with some companies facing fines [1]. - The reasons for penalties varied, including issues with former executives being deemed inappropriate, violations of foreign exchange registration regulations, and inadequate internal control management [1][5]. Specific Cases of Penalties - North Trust Fund: Received a corrective order and a six-month suspension on public fund product registration due to governance and internal control deficiencies. The former chairman was identified as an inappropriate candidate [3][4]. - Macro Fund: Penalized for failing to comply with foreign exchange registration regulations, resulting in a warning and a fine of 70,000 yuan. The company has since rectified the issue [6]. - Fangzheng Fubang Fund: Faced penalties for not withholding personal income tax correctly, leading to a requirement to pay back taxes and fines. The company has completed the necessary corrections [7]. Internal Control Issues - Several fund companies cited "inadequate internal control" as a broad reason for penalties. For instance, Caitong Fund and Chang'an Fund both reported issues related to internal control and compliance management, leading to corrective measures [8][9]. - Caitong Fund was ordered to rectify its operations due to non-compliance in business management, while Chang'an Fund faced multiple issues including inadequate internal controls and improper information disclosure [8]. Compliance and Rectification Efforts - Fund companies have been proactive in addressing regulatory concerns, with many reporting that they have developed and implemented corrective plans to enhance internal controls and compliance [2][3][8].