《问题基金处置研究白皮书》发布 风险治理转向“事前事中全链条合规”

Core Insights - The release of the "Problem Fund Disposal Research White Paper" aims to provide guidance for the private equity fund industry, which is currently facing significant risks and challenges [1][2] - The white paper serves as a "mine clearance guide" for the industry, offering insights for regulatory optimization and investor education [1] Group 1: Problem Fund Risks and Solutions - The private equity fund industry is entering a deep adjustment period, highlighting the need for professional guidance in investor rights protection and fund disposal [1] - The white paper outlines four main operational guidelines for the proper disposal of problem funds: identifying industry cycles and structural adjustment patterns, addressing pain points in asset valuation and investor coordination, providing legal solutions through case analysis, and establishing a closed-loop disposal path from risk diagnosis to asset relief [1][2] Group 2: Governance and Regulatory Framework - The governance of problem funds is shifting from "post-event risk disposal" to a comprehensive compliance approach throughout the entire process [2] - The "Private Investment Fund Supervision and Administration Regulations" introduces a property takeover mechanism to address the challenges faced by fund managers and prevent asset depreciation [2] - Innovative practices, such as independent reviews of fund flow and operational models, are establishing key standards for protecting good assets and maintaining investor rights, marking a significant evolution in China's problem fund governance [2]