The Asset Management Association of China (AMAC) published revised Guidelines
for fund managers concurrently serving as investment managers of private asset
management plans. The revision clarifies risk-segregation requirements for
public fund institutions, requiring fund managers to take effective measures to
ensure public fund and private asset-management businesses are physically and
operationally separated — including premises, personnel, accounts, funds and
information — and to strictly prevent improper flow or use of sensitive
information and strengthen overall risk isolation.
