信托新规要来了！金融监管总局，最新发布！

Core Viewpoint - The revision of the "Trust Company Management Measures" aims to enhance risk prevention, transformation development, and effective regulation of trust companies, aligning with recent asset management regulations and improving the regulatory framework for high-quality development in the trust industry [2]. Group 1: Major Revisions - The revised measures consist of 8 chapters and 77 articles, focusing on four main areas: returning to the core responsibilities of trust companies, strengthening corporate governance, enhancing risk prevention, and clarifying regulatory requirements [3][4]. - Emphasis is placed on the core business of trust companies, adjusting the business scope to include asset service trusts, asset management trusts, and public welfare trusts, while breaking the rigid repayment model [3][6]. Group 2: Corporate Governance Enhancements - The revised measures require trust companies to strengthen party building and governance mechanisms, ensuring that shareholder behavior and related transactions are managed effectively [3][8]. - A dedicated committee for the protection of the rights of clients and beneficiaries must be established within the board of directors, enhancing oversight and accountability [8][9]. Group 3: Risk Management and Compliance - Trust companies are mandated to establish a comprehensive risk management system focusing on compliance and operational risks, with specific requirements for trust documents, legality of trust purposes, and risk disclosures [3][14]. - The measures also prohibit various high-risk activities, including guarantees and improper transactions, to ensure the integrity of trust operations [14]. Group 4: Business Scope Adjustments - The business scope of trust companies has been revised to include three main categories: trust business, asset-liability business, and other services, with specific prohibitions on unrelated intermediary activities [6][14]. - The measures allow trust companies to apply for liquidity loans and issue bonds under certain conditions, while also enhancing the management of inherent liabilities [6][13]. Group 5: Strengthening Risk Disposal Mechanisms - The revised measures increase the minimum registered capital for trust companies and enhance capital and provision management, ensuring stricter behavior and penetration regulation [4][12]. - The operational effectiveness of recovery and disposal plans is improved, with clear requirements for shareholder dividends and the involvement of the trust industry guarantee fund in risk disposal [12][13].