Core Viewpoint - The regulatory penalties faced by mutual fund companies in the first half of 2025 highlight the importance of compliance and internal control in the sustainable development of the mutual fund industry [1][5]. Regulatory Penalties Overview - A total of 9 mutual fund companies received warning letters or corrective orders from regulators in the first half of 2025, with some companies facing fines [1]. - The reasons for penalties varied, including issues with former executives being deemed inappropriate, violations of foreign exchange registration regulations, and inadequate internal control management [1][5]. Specific Cases of Penalties - **North Trust Fund**: Received a corrective order and a six-month suspension on public fund product registration due to governance and internal control deficiencies. The former chairman was identified as an inappropriate candidate [3][4]. - **Macro Fund**: Penalized for failing to comply with foreign exchange registration regulations, resulting in a warning and a fine of 70,000 yuan. The company has since rectified the issue [6]. - **Fangzheng Fubang Fund**: Faced penalties for not withholding personal income tax correctly, leading to a requirement to pay back taxes and fines. The company has completed the necessary corrections [7]. Internal Control Issues - Several fund companies cited "inadequate internal control" as a broad reason for penalties. For instance, **Caitong Fund** and **Chang'an Fund** both reported issues related to internal control and compliance management, leading to corrective measures [8][9]. - **Caitong Fund** was ordered to rectify its operations due to non-compliance in business management, while **Chang'an Fund** faced multiple issues including inadequate internal controls and improper information disclosure [8]. Compliance and Rectification Efforts - Fund companies have been proactive in addressing regulatory concerns, with many reporting that they have developed and implemented corrective plans to enhance internal controls and compliance [2][3][8].

【导读】上半年基金公司违规受处罚情况曝光 中国基金报记者 若晖 陈墨 伴随着公募基金2025年中报落下帷幕，上半年基金公司违规处罚情况浮出水面。 据统计，上半年有9家基金公司接到来自监管的警示函或者责令改正的通知，部分公司被处以 罚款。 基金公司被处罚的原因不尽相同。例如，有公司前任董事长被监管认定为不适当人选，有公 司因违反外汇登记管理规定，未按规定代扣代缴个人所得税，还有多家公司因内控管理不完 善遭到处罚。 双双遭到处罚 近期，北信瑞丰基金"换帅"引发市场关注。当时，市场传言称该公司前一任董事长夏彬被监 管认定为不适当人选，如今伴随着基金半年报披露，相关情况浮出水面。 北信瑞丰基金披露的基金半年报显示，5月19日，因公司治理、内控机制、监管材料报送及信 息披露等方面存在不足，北京监管局对公司出具责令改正并暂停受理公募基金产品注册六个 月的行政监管措施。 因对管理人公司治理、内控机制、监管材料报送及信息披露等问题负主要责任，6月13日，北 信瑞丰基金前任公司董事长、代行督察长夏彬被北京证监局认定为不适当人选。 针对上述两项处罚措施，北信瑞丰基金表示，公司依计划积极整改，严格按照法律法规及监 管要求予以落实。 ...