Private equity persons recommend private equity supervision: reduce pre -approval and establish unified legal norms as soon as possible

How can the reporter of the Economic Observation Network, the old Yingying regulatory authorities, can give play to the various risks that may exist in various aspects such as the private equity fund's own advantages, and have the degree of supervision?

At the 22nd China Venture Investment Forum "Risk Supervision: The Scales and Limers of Private Equity Supervision" on September 23, a number of persons in charge of a number of private equity institutions expressed their views on the above issues, and suggested that the regulatory authorities recommend the regulatory authorities Adhere to moderate supervision of private equity funds and minimize pre -approval as much as possible, and establish a unified legal fund legal norms as soon as possible.

Zhang Quanxun, Vice President of Yuanzhihai, said that in the past few years, some Internet financial institutions such as P2P have created some illegal phenomena under the banner of investment companies. While strengthening the supervision of these illegal institutions, the regulatory authorities may also operate in formal operations. The organization brought some inconvenience.

Therefore, for the development of the private equity industry, he suggested adhere to the moderate supervision and minimize the approval of the pre -approval as much as possible, and maintain a better communication mechanism. He said in his own experience that they went to the record and could not face face to face. They could only text text. Sometimes because of the unfastelling communication, the product filing process was affected, resulting in some investment opportunities. Therefore Facial communication.

In this regard, Wang Shisheng, chairman of Shenzhen Futian Guidance Fund, also feels the same. He said that one of the main issues currently facing is that during the filing process of investment advisors and investment institutions, the time may face a long time, and then the requirements for the establishment of the organization are relatively large; After walking, the funds are all in place, but it takes too long to record the filing, missed a lot of investment opportunities, and delay a lot of tasks. These problems include the conditions of the new institutions, which may take a variable way to deal with it.

Zhang Yunfeng, general manager of the Shanghai Stock Exchange Center, also believes that the domestic regulatory concept is different from foreign countries. It emphasizes that after -the -time supervision instead of pre -supervision. For example, its off -site market can open the market as long as it is filed, but in the process of opening the market, it is necessary to face brutal competition. If illegal acts occur during the competition, the supervision organization will strictly supervise the agency, even for life, and even life -long life. It is banned into the market, but the situation in China is not the same. China still emphasizes more supervision in advance.

Wang Shisheng further stated that at present, there is no uniform legal norm in private equity funds in China, which has led to a lot of governance and regulations for private equity institutions in the face of various aspects, making everyone tired.

"Like the nearly 50 sub -funds we managed now, and reporting materials to various departments every year, we may need to arrange a few people's workload to complete. In this regard, I think it may need to formulate a unified standard. The rules may be a better choice. "Wang Shisheng said.

Zhang Quanxun also believes that there are many departments involved in the management of private equity funds. In addition to the Securities Regulatory Bureau, there are also local financial bureaus and industrial and commercial bureaus, like Kowloon Water. In this process Communication cost.

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