关于简化办理已故投资者小额遗产继承程序的通知

Core Viewpoint - The article outlines a new regulatory framework by the China Securities Regulatory Commission (CSRC) aimed at simplifying the inheritance process for small estates of deceased investors, enhancing financial services for the public [2][9]. Summary by Sections Inheritance Process Simplification - The CSRC has issued guidelines to streamline the inheritance process for small estates of deceased investors, allowing heirs to apply for the inheritance of assets not exceeding 50,000 RMB (or equivalent foreign currency) [2][3]. - The guidelines specify that both the deceased investor and the applicant must be domestic individuals, with the applicant being a spouse, child, parent, or designated heir [2][3]. Eligibility Criteria - The total net assets of the deceased investor across all accounts at a single securities company must not exceed 50,000 RMB, excluding any accrued interest [2][3]. - For public fund products managed by the same fund manager, the total must also not exceed 50,000 RMB [3]. Application Requirements - Applicants must provide necessary documentation, including a death certificate, proof of relationship for first-order heirs, and valid identification [4][5]. - A signed commitment letter from the applicant is also required [5]. Institutional Responsibilities - Institutions receiving applications must conduct necessary reviews and can reset trading passwords for the deceased investor's accounts if the application is approved [5][6]. - Institutions are required to maintain internal controls and ensure proper handling of client information and transaction records [7]. Post-Application Procedures - After the inheritance process is completed, accounts with no remaining balances must be closed by the respective institutions [8]. - Institutions have the right to refuse applications under certain conditions, such as judicial freezes or disputes among heirs [8][6]. Exclusions and Implementation - The guidelines do not apply to inheritance matters involving overseas individuals [8]. - The new regulations will take effect from July 25, 2025 [9].