Financials, Technology, Healthcare Feb 22, 2022 08:49 PM (GMT+8) · EqualOcean
The regulatory authorities are brewing to promote the classification reform of trust business, explore taking the purpose of trust, the way of trust establishment and the content and way of trust property management as the basis of classification, and divide the trust business into three new categories: asset management trust, asset service trust and public welfare / charitable trust. It is understood that the draft for comments on the business classification reform will be issued in the near future, and the business classification reform will be promoted as the key work of the trust industry in 2022. With the development of the industry, the classification of trust business has been evolving. Since the introduction of the new asset management regulations in 2018, the trust business has been gradually divided into three categories: fund trust, service trust and charitable trust.