历经月余，16家披露！

Core Points - The implementation of the "Notice on Strengthening the Management of Internet Loan Business by Commercial Banks" has established a "whitelist" system for financial institutions involved in internet lending, requiring banks to disclose and manage their partner institutions [1] - The new regulations have prompted at least 16 trust companies to publicly disclose their cooperation lists, indicating a shift towards greater transparency in the industry [1][2] - The focus of the regulations is not only on compliance but also on encouraging trust companies to enhance their active management capabilities and transition from a "light capital, high turnover" model to a "heavy capability, high value-added" model [2][3] Summary by Sections Section 1: Regulatory Changes - The "Notice" mandates that commercial banks manage platform operators and credit enhancement service providers through a whitelist system, prohibiting partnerships with non-listed entities [1] - The implementation has led to a significant number of trust companies publicly announcing their cooperation lists, enhancing market clarity [1] Section 2: Industry Impact - Major internet companies and fintech firms are the primary partners listed by banks and trust companies, indicating a concentration of collaboration among leading players in the market [2] - Less than 30% of companies in the consumer finance sector have disclosed their cooperation lists, reflecting a varied approach to compliance within the industry [2] Section 3: Future Directions - The "Asset Management Trust Management Measures" draft emphasizes the need for improved information disclosure, risk management, and a return to core asset management practices [3] - Experts suggest that the trust industry is moving towards a more regulated, transparent, and market-oriented development phase, marking the end of the old channel-based business model [3]