办法立足"同类业务、相同标准"，统一明确三类产品信息披露的基本原则、责任义务、共性内容及内部 管理要求，提升监管一致性。同时，充分尊重三类产品市场定位、客群基础等客观差异，作出针对性安 排。一方面，区分公募和私募产品要求，对公募产品信息披露总体要求更严，披露内容更多，以提升透 明度；对私募产品则参考同业监管实践，在基本披露要求之外，尊重合同约定。另一方面，制定三类产 品各自的信息披露自律规范。 此外，为保障产品业绩比较基准的连贯性，办法要求产品管理人原则上不得调整业绩比较基准。确需调 整业绩比较基准的，产品管理人应当严格履行内部审批程序，并在定期报告和更新产品说明书时披露业 绩比较基准历次调整情况。考虑到部分存量产品历史生命周期较长，办法施行前的历史业绩基准对当前 投资者参考价值相对较小，银行保险机构可以只披露办法施行后的历次业绩比较基准调整情况。 国家金融监督管理总局12月25日对外发布《银行保险机构资产管理产品信息披露管理办法》，规范资产 管理信托产品、理财产品、保险资管产品的信息披露行为，强化投资者合法权益保护。 国家金融监督管理总局有关司局负责人介绍，当前，资产管理信托产品、理财产品、保险资管产品均无 ...

Core Viewpoint - The Financial Regulatory Administration has released a draft for public consultation regarding the "Management Measures for Information Disclosure of Asset Management Products by Banking and Insurance Institutions," aiming to standardize information disclosure across various asset management products throughout their lifecycle [1][2]. Group 1: General Regulations - The draft includes six chapters covering general provisions, information disclosure requirements, internal management, supervision, legal responsibilities, and appendices [1]. - It systematically regulates the information disclosure behavior of asset management trust products, wealth management products, and insurance asset management products, covering all stages: fundraising, existence, and termination [1][2]. Group 2: Information Disclosure Requirements - The draft specifies disclosure channels, responsibilities, methods, prohibited behaviors, and document requirements in the general provisions [1]. - It categorizes information disclosure into four sections: fundraising information, periodic information, temporary information, and termination information, ensuring comprehensive regulation of the entire lifecycle of asset management products [1]. Group 3: Specific Disclosure Content - Specific regulations are provided for product prospectuses or contracts, performance benchmarks, issuance announcements (or reports), periodic reports, periodic net value disclosures, past performance, and both pre- and post-termination disclosures, including maturity liquidation reports [1]. - The draft emphasizes the need for clear and accurate disclosures at each stage, ensuring that product sales, risks, and returns are transparent and understandable [2].