Core Viewpoint - The National Financial Regulatory Administration has issued a revised "Trust Company Management Measures," marking the first comprehensive revision since its implementation in 2007, effective from January 1, 2026, aimed at enhancing regulatory frameworks and risk management in the trust industry [1]. Summary by Sections Minimum Capital Requirements and Business Restrictions - The minimum registered capital for trust companies has been raised from 300 million RMB to 500 million RMB or its equivalent in freely convertible currency, requiring a one-time cash capital contribution [3]. - Trust companies are mandated to focus on their core responsibilities and adhere to the principle of "seller responsibility, buyer risk," breaking the rigid guarantee of returns [3]. - Multiple business red lines have been established, prohibiting promises of capital protection, misleading investors, and engaging in certain high-risk activities [3]. Business Structure and Operations - The revised measures restructure the business scope of trust companies, limiting operations to asset service trusts, asset management trusts, and charitable trusts [5]. - New provisions allow trust companies to apply for liquidity loans from shareholders and the Trust Industry Guarantee Fund, while prohibiting external guarantees [5][6]. Corporate Governance Reforms - The measures enhance corporate governance by requiring the establishment of a specialized committee for the protection of client rights, led by independent directors [7]. - Trust companies must conduct regular evaluations of shareholders and report any violations, with provisions for whistleblowing by employees and external auditors [7][8]. Risk Management and Internal Controls - The measures emphasize the need for robust internal controls and risk management, focusing on compliance and operational risk [10]. - Trust companies are required to conduct annual external audits covering all business areas, ensuring comprehensive oversight [10]. Cultural and Ethical Standards - Trust companies are encouraged to foster a culture of integrity and compliance, promoting principles such as honesty, prudence, and legal adherence [9].

（原标题：最新！信托公司管理办法正式发布！） 为贯彻落实中央金融工作会议精神，推动信托行业坚持信托本源，深化改革转型，有效防控风险，金融 监管总局修订发布了《信托公司管理办法》。主要修订内容如下： 一是聚焦主责主业，坚持信托本源。结合信托公司业务实践，突出信托主业，调整业务范围。明确立足 受托人定位，规范开展资产服务信托、资产管理信托和公益慈善信托业务。坚持"卖者尽责，买者自 负；卖者失责，按责赔偿"，打破刚性兑付。 修订发布《信托公司管理办法》答记者问 二是坚持目标导向，强化公司治理。明确信托公司要深化党建与公司治理有机融合。加强股东行为和关 联交易管理。建立科学的内部考核机制和激励约束机制。推行受益人合法利益最大化的价值取向，加强 信托文化建设。 三是加强风险防控，规范重点业务环节。督促信托公司以受托履职合规性管理和操作风险为重点加强全 面风险管理。明确信托业务全过程管理要求。 四是强化信托监管要求，明确风险处置机制。提高信托公司最低注册资本。强化信托公司资本和拨备管 理。加强行为监管和穿透监管。落实分级分类监管要求。提升风险处置和市场退出的约束力和操作性。 下一步，金融监管总局将加强督促指导，推动信托公 ...

家办热点 1.2025福布斯中国家族资产管理人评选报名启动 近日，福布斯中国与美传思维携手推出"2025福布斯中国家族资产管理人评选"。本次评选旨在弘扬中国家族文化，普及家族 资产管理的意义、方法论和价值观，并展示家族资产管理领域的卓越人士，以凸显智慧与能力、爱与责任，而非财富。 本次评选构建了兼具国际视野与中国智慧的评估体系，通过选拔与表彰在家族资产保值增值（资产管理）、家庭可持续美好 生活（财富规划）、家族企业（家族事业）成长与传承等维度表现卓越的机构与个人，推动行业标准建设与经验共享，助力 中国财富管理生态从"经验驱动"向"专业引领"转型，进而打造出具有公信力的中国家族资产管理交流平台。（福布斯） 2.资产管理信托管理办法有望年内落地，信托业发展迎新变革 近日，国家金融监督管理总局公布2025年规章制定工作计划，备受关注的信托行业迎来重要消息：2025年将重新修订《信托 公司管理办法》，同时制定《资产管理信托管理办法》。这一系列举措，将对信托行业的发展产生深远影响。 早在2024年底，《中国网财经》等媒体就曾报道，监管人士在2024年中国信托业年会上透露，正在制定"1+N"制度体系。其 中"1"是指《关 ...