The Governance and Perfection of Collective Investment Financial Products in China
The governance of collective investment schemes play a very important role in protection of investors and the development of financial market. Compared with international best practices, the legal frame work of the asset management products in China, the rights of investors, the independence of its property, and governance entity of these products need to be improved. The author suggests that the three regulators should establish legal frame work of the asset management products on the basis of corporation and communication. To avoid great impacts on the financial market, the new institution should be implemented step by step, allowing the existing products to operate according to the old rules.
【CateGory Index】： F832.51