中国基金报·2025-08-16 08:57Core Viewpoint - Minsheng Bank has announced the termination of its fund distribution cooperation with two third-party platforms in response to the upcoming implementation of the "Administrative Measures for Commercial Banks' Agency Sales Business" on October 1, 2025 [2][6]. Group 1: Termination of Cooperation - On August 14, Minsheng Bank announced it will terminate its fund distribution cooperation with the "Huawei Wallet" platform starting September 4, 2025, affecting various fund-related services [4]. - The day before, on August 13, the bank also announced the termination of its cooperation with the "Yutong Life" platform for public money market fund distribution, effective August 25, 2025 [4]. Group 2: Future Business Arrangements - Following the termination, customers will be able to manage their existing fund products through the Minsheng Bank app, but new fund subscription and investment plans will be closed [5]. - As of the end of 2024, Minsheng Bank distributed 3,624 fund products from 108 companies, with a non-money fund holding scale of 81.3 billion yuan, including 72.8 billion yuan in equity funds [5]. Group 3: Regulatory Compliance - The termination of cooperation is part of Minsheng Bank's efforts to comply with the new agency sales regulations, which require banks to consolidate their distribution activities onto their own platforms [7]. - The new regulations aim to clarify the management responsibilities of commercial banks as agency sales institutions and promote the healthy development of agency sales business [7].