CVM: Due diligence to promote the integration of market subjects
The CSRC issues circulars on the promotion of quality development in the real estate investment trust (REITs) market. It suggests that due diligence should be given to promote market ownership. The active management responsibilities of REITs for fund managers are continuously consolidated, the operational responsibility for real estate is strengthened by agreement arrangements, supervisory inspections, better utilization of industry ' s professional advantages, improved operational management effectiveness, and sustained enhancement of the quality of REITs ' operations and red-redacting capabilities. To urge the fund manager, the fund trustee, the financial adviser, the asset support securities administrator, the original equity holder and other professional bodies to perform their duties effectively and in strict compliance with laws and regulations, contractual agreements and public commitments. Legally combat violations and protect the legitimate interests of investors.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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